Wednesday, August 06, 2008
SIRI Stock
When I graduated college I had about $500 dollars left-over. I decided to invest it in Sirius Satellite Radio. My money pretty much doubled and I sold the stock and bought a nice widescreen TV. This week, Sirius has reached a low point and I'm tempted to buy some Sirius stock again. I believe the stock will go up, but I'm just not sure I'd be being a good steward. What do you guys think?
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5 comments:
Where do you buy your stock? Online? Stock broker?
i just used online before. sharebuilders.com only charges 4 bucks.
if it's extra cash - go for it.
I'm thinking I know NOTHING about stocks.
From what I understand, the stock dropped because of the impending Sirius // XM partnership; there was doubts about how it would either help or hinder the other companies. I think it'll be good thing, though. My guess is to go for it! Things are only going to get better for satellite radio.
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