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Re: lasers post# 26453

Monday, 08/20/2012 12:08:57 PM

Monday, August 20, 2012 12:08:57 PM

Post# of 30810
Thanks lasers...

I accumulated most of my position while it was sub $1 and have been on this ride ever since. I really do believe in this product (i have two radios myself) and is why i have held on through most of the bearish dips. I now hear more and more of my friends talking about SIRIUS and how they could never go back to regular radio. The Liberty Media dynamic opens up too many doors in my opinion to bail out now.

I think at this point, i will just hold on to my position and sideline my SIRI trading strategy for now. The question i am grappling with now is where i want to establish my stop loss. I like these prices and don't really see them dipping back under $2, assuming all cylinders continue to fire.

It should be very interesting over the next 4 months. GLTU and everyone else breathin' and believin'.
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