02-11-07 07:09 PM
- The Wedbush upgrade of SIRI drew my attention to have a look at the chart. It is near a 52 week low, so if one wanted to bet on the SIRI / XM merger that is all the talk, now may be the time to get in. I see limited downside risk and if the merger does happen, both stocks may see a surge. The risk / reward may just pay-off. I don't see SIRI going belly up anytime soon.
Above is pasted from my reply to stonedinvestors 2/10 "Barron's Game". I bought in on 2/12 at $3.68. I have no idea how the street will react to the "merger" (although it sounds more like SIRI is buying XMSR to me), but anything above $4 for SIRI works pretty good for me.
- The Wedbush upgrade of SIRI drew my attention to have a look at the chart. It is near a 52 week low, so if one wanted to bet on the SIRI / XM merger that is all the talk, now may be the time to get in. I see limited downside risk and if the merger does happen, both stocks may see a surge. The risk / reward may just pay-off. I don't see SIRI going belly up anytime soon.
Above is pasted from my reply to stonedinvestors 2/10 "Barron's Game". I bought in on 2/12 at $3.68. I have no idea how the street will react to the "merger" (although it sounds more like SIRI is buying XMSR to me), but anything above $4 for SIRI works pretty good for me.
