I've been watching SIRI since last year before they merged w/ XM. As someone new to investing, I bought about 1200 shares back then thinking the merger would push it above the $3.00 price, primarily due to Cramer's recommendation... Since then, I've learned a thing or two. Most importantly, to ignore or do the opposite of that guy. I actually bought a small position in Bear Stearns a week before the collapse, based on his statement that "they're for sale" - thankfully I got out a few days later at a 10% loss, before they went under. With SIRI, I was stubborn and never sold my original position @ 2.97. I've learned a lot since then, and haven't done much investing at all over the past year. I've stayed interested, but not invested.  
    
    So, why did I recently buy? The bottom line is that I love the product and believe in it's potential. I understand the debt issues and the dilution concern, but I also see tremendous growth potential in the future. After Mr. Malone stepped in to 'rescue' SiriusXM and I began to see that bankruptcy was off the table, I took advantage of the .08 to .17 share price to average my original position down to about .21
    
    SIRI is not for the faint of heart. It is a hated stock. It is heavily manipulated on a daily basis. However, I personally believe it's tremendously undervalued and I will continue to buy, as I feel it's only getting warmed up.
   
I love seeing a three month return of over 600% :)

i agree with you %100 i think we will see siri go up from here.  i also love the product and like how they are aggressively trying to get more subscribers (though deals with apple and DTV).  

Lucky you. You got in at the bets possible time to.

I wish i had that type of timing.