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Re: nranger post# 20526

Wednesday, 12/15/2010 5:53:45 AM

Wednesday, December 15, 2010 5:53:45 AM

Post# of 30824
I got sirius in 2003 for $1.80 or so. It went over $9.40 by feb 2004, I had a sell order at $8.20 within 2-3 days siri dropped back & I was sold out at $8.00 & change.
I kept a few hundred shares & the stock drifted dowm.
In 2008 nov-dec I started re buying at 18 cents or so/ in feb 2009 I figured its gonna make it or go BK. I bought a lot more at 12-14 cents per.
So now Im in great profits & I am still not selling.
Sirius will start a runup again like in 2003. Its not just a few days spike, but every day it will push higher. Either on its own merits or again Apple or Google trying to merge or takeover.
Remember sirius is now a cash machine, the level off number was 18 million subs/ now they have over 20 million & growing. While they can grow & not really have to hire thousands of more people or build hundreds of buildings. Plus they have a govt blessed monolopy too. Believe it or not I think siri will retest the highs of $8.50 and pass it too. Then hopefully a buyout can come. GL
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