ReformedPatriot > Trade Notes

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Brokerage Account
5 Day -35.39%
15 Day -42.64%
1 Month -51.37%
3 Month -59.55%
6 Month -42.39%
As of: 11/20/08

Member since: Feb 08

Bought 45 shares of SIRI at 3.18

Users Bought (30 Days) 23 (100%)
Users Sold (30 Days) 0 (0%)
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Transaction: Bought
Symbol: SIRI
Quantity: 45 shares
Price: $3.18
Value: $143.00
Stop Order: No @ $N/A
Target Price: $0.00
Don't know if this is a good idea or not. I sold my 2 shares of V to free up cash to buy 45 shares of this. I think SIRI will go up over the next few days and I'm hoping to turn a profit. Like I said, the merger is a good thing, but I don't know if it will pan out. It's an experiment for me. What do you think?

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1 user tagged it: SIRI, stock, buy
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PettoMan

Member since: Mar 08

5 Day -48.00%
15 Day -56.04%
1 Month -74.71%
3 Month -80.93%
6 Month -90.18%
As of: 11/20/08
Trades 27
Trade Notes 4
Blog Posts 1
Student
Age: 20's
Pittsburgh, Pa
PettoMan
hey whats up man?  I seem to be in the same boat as you... college kid with little money to invest:)  I am waiting for my 5 day ACH to clear but have had my eye on SIRI for the last week and am itching to get my hands on some and wait for the merger!  Hope it works out well for you!
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ReformedPatriot

Member since: Feb 08

5 Day -35.39%
15 Day -42.64%
1 Month -51.37%
3 Month -59.55%
6 Month -42.39%
As of: 11/20/08
Trades 19
Trade Notes 6
Blog Posts 11
UPS
Age: 20's
KY
ReformedPatriot

Excellent! Good to see you here and I look forward to watching your trades. So far, I am all together down but things have been trending upward for the last few days for me. 

Ultimately I think the FCC will approve it and this thing will take off. Question is, how long till a decision comes down? It would be asinine to wait too much longer I would think. 

 

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cwassoc99

Member since: Mar 08

5 Day -8.07%
15 Day -12.35%
1 Month -16.77%
3 Month -65.63%
6 Month -53.00%
As of: 11/20/08
Trades 61
Trade Notes 5
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Student
Age: 20's
Wethersfield, Connecticut
cwassoc99
Yeah - I used my recent paycheck to buy 100 shares of it.  I'm still in high school and would love for this stock to shoot up!  I bought it at $3.26 so I'm hoping for it to go to at least $4.00.
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Value

Member since: Feb 08

Trades 22
Trade Notes 1
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Value
I think this share is trading low right now. It will be trading arroung $5 with in four week. 
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ReformedPatriot

Member since: Feb 08

5 Day -35.39%
15 Day -42.64%
1 Month -51.37%
3 Month -59.55%
6 Month -42.39%
As of: 11/20/08
Trades 19
Trade Notes 6
Blog Posts 11
UPS
Age: 20's
KY
ReformedPatriot
$5 is my target price. It will nullify my losses and will allow me to have a little profit.
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lifeisgrand

Member since: May 08

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Trade Notes 0
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lifeisgrand
This interesting from 2 angles.   On the technical side, this stock hit resistance at roughly 3.30 in Feb.   That occurance tends to repeat itself.   I would have waited until at least 3.35 or so to let the stock PROVE it could get past that resistance.   On the fundamental side, we "hope" that the fcc gives approval, and we hope" that they get more customers.   I don't want to invest in a stock when I have "hope".   I want to see invest in a stock that has profits in the recent quarters, projected profits in future quarters, and cash on hand. 
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