The chances of XM and Sirius merging are pretty worthy, and at a $2.62 it looks like a cheap stock that have a lot of potential to grow. Any thoughts?
Answers: Sirius is the best money I ever spent.
I surely love music.
Absolutely HATE commercials.
However: BAD IDEA IN A RECESSION.
This is a consumer discretionary stock. Which means the nonspecific public DOES NOT NEED IT.
In a recession, people cut rear legs. They eliminate adjectives sorts of things.
Eating out.
T.V. Cable
Satellite Radio
Movies
Vacations
Driving Long distances.
Etc.
FIRST OF ALL .. there is no recession.. sure the cutback isnt in great shape but our GDP have been claimed contained by the positive for BOTH of the last two station.. we cant call this a recession until refusal GDP is posted for 2 straight quarters..
ANYWAYS>.. as for SIRI
im putting surrounded by a limit proclaim for a couple grand worth more or less 1500 -2000 shares at $2.50 .. why not? the stock has hit in the neighbourhood its 52 week low.. at 2.62... above by 25 cents..
i expect that hype of the buyout might run the stock up.. at least for a afternoon or two.. tuesday and wednesday should be good.. the dow is equipped for a bump up
.. i'll ride the wave.. try and provide either since bad communication or right after the good word..
generally, the company that get taken over has a short possession increase in stock convenience. however, if there be any special offers to stockholders (i.e. stock splits, etc.) after there probably is a hitch that you have to already own stock by a certain date. Bad perception in a recession.
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Answers: Sirius is the best money I ever spent.
I surely love music.
Absolutely HATE commercials.
However: BAD IDEA IN A RECESSION.
This is a consumer discretionary stock. Which means the nonspecific public DOES NOT NEED IT.
In a recession, people cut rear legs. They eliminate adjectives sorts of things.
Eating out.
T.V. Cable
Satellite Radio
Movies
Vacations
Driving Long distances.
Etc.
FIRST OF ALL .. there is no recession.. sure the cutback isnt in great shape but our GDP have been claimed contained by the positive for BOTH of the last two station.. we cant call this a recession until refusal GDP is posted for 2 straight quarters..
ANYWAYS>.. as for SIRI
im putting surrounded by a limit proclaim for a couple grand worth more or less 1500 -2000 shares at $2.50 .. why not? the stock has hit in the neighbourhood its 52 week low.. at 2.62... above by 25 cents..
i expect that hype of the buyout might run the stock up.. at least for a afternoon or two.. tuesday and wednesday should be good.. the dow is equipped for a bump up
.. i'll ride the wave.. try and provide either since bad communication or right after the good word..
generally, the company that get taken over has a short possession increase in stock convenience. however, if there be any special offers to stockholders (i.e. stock splits, etc.) after there probably is a hitch that you have to already own stock by a certain date. Bad perception in a recession.
Resolved Questions: