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| *Ostroff, Fair and Company>>>Investing |
Do you think Sirius satellite radio is a good stock to buy rigt now? |
Do you think Sirius satellite radio is a good stock to buy rigt now? You can't be serious about sirius, can you? The stock is spiraling down and is about to crash. /// Sirius is hemorrhaging cash right now, so probably not. If it weren't for the risk of goverment intervention claiming "monopoly", Sirius would probably have already been swallowed by XM, and some sort of corporate merger of these two entities is probably inevitable. If you were convinced SIRI weren't going to go "belly-up" before that happens, it might be a bargain, because satelitte radio is certainly here to stay, and still has a long way to grow, but if they go bankrupt you'll be left with nothing. You might consider buying equal dollar amounts of both XMRI & SIRI, that way you should (eventually) win whatever happens!* Best wishes! *Investment opinion worth EVERY PENNY you paid for it, LOL! http://finance.yahoo.com/q/bc?t=5y&s=sir... Ho. Do not buy Sirius or XM Sat. Both stocks have seen the best they will ever do. The business they are in is not growing and is in decline and thye have huge amount of salaries to pay, if they are ever able to pay yhem.. |
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