Siri

P

pumpanddumper

Why do I feel bullish on this? Anyone else?

I feel the merger with XM will happen plus hit a 52 week low recently. I feel below 3 is a bargain. I mean even if it doesn't merge with xm, how much worse can it get?

Maybe just a gut feeling, I don't know.


I like to think this stock tanks just cause of Sterns salary.

:)
 
I think the risk/reward below $3 is pretty good too. SIRI and XMSR have been getting pummeled everyday since the merger was announced. I think a brief move back to the $3.50 area is coming, and it could see $5-$6 overnight if the merger was approved.

On the other hand, if the merger was blocked I think it would trade sub $2.
 
Quote from pumpanddumper:

Why do I feel bullish on this? Anyone else?

I feel the merger with XM will happen plus hit a 52 week low recently. I feel below 3 is a bargain. I mean even if it doesn't merge with xm, how much worse can it get?

Maybe just a gut feeling, I don't know.


I like to think this stock tanks just cause of Sterns salary.

:)
More...

This is why people lose money in stocks. Dont buy scrap like siri. Look at the chart and the financials. It is a piece of ****

It could drop to 2.85-a 3 percent loss.

The last bottom was around $2 so you see there is plenty more downside

stay away
 
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