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thatsmoney

12/07/04 8:13 AM

#353 RE: BondGekko #352

I agree. SIRI has been cruising at an underated value for to long. Now that everyone is seeing it's potential and the fact that it will be successful, I don't imagine the price to drop in half by any means. It is XM's only competition and it's price per share will only find it's way closer to that of XM's. Now is not a time to "day trade" or try to play this stock in any way. If you get to greedy, you'll get burnt.
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kron7777

12/07/04 9:06 PM

#357 RE: BondGekko #352

OK.
That was it. I sold the remaining of my position. It can go even higher , but risk/reward ratio has changed. And too much excitement everywhere. Everyone wants to jump in. Looks like a top. But it looked the same at $7, so you never know.

Nobody wanted SIRI at $2 four months ago, now everyone wants it at $9. If it is included in QQQQ, the funds will have to buy it at $15.
Hope it corrects, so I could buy again.