Replies to post #23569 on Sirius XM Holdings Inc (SIRI)

[rekcusdo]

All articles are worth posting whether they are negative or positive. Without posting both sides of the argument, it is impossible to be objective. This will often create "angry bagholders".

[eastunder]

4 Stocks That Touched Bottom Are Poised to Go Higher

by: Cameron Kaine August 12, 2011

http://seekingalpha.com/article/287002-4-stocks-that-touched-bottom-are-poised-to-go-higher?source=yahoo

Benjamin Graham once said:

“The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell."

I have to say that this is by far one of the most eloquent quotes that I have ever read and one of the truest statements regarding our market’s participants. Many (understandably) have different objectives; thus requiring different tactics. I am not suggesting that either camp (speculator or investor) is better suited than the other. Because, in the market, only the net result of the trade determines who is right and who is wrong. Currently, there are many battles being waged each day as well as many wars. The bulls and the bears are constantly at odds over the state of the market as well as in their predictions of where it is heading; it’s that constant friction between pessimism and optimism.

One side sees certain news as reason to buy or “call the bottom,” while the other side insists that the sky is falling and anything green is a head-fake. Regardless of what you want to believe, as investors the responsibility lies solely on the person paying the commission fees and receiving the transaction statements. Let’s take a look at four stocks that continue to be at the center of these heated battles between the bulls and bears.

(WOW! I like this guy ~ I think a few of his comments are very accurate. ~ Eastunder)

Article edited: Only SIRI is posted... to see the other suggestions click on the link.

Sirius XM – Target $2.50

Sirius rose 7.5 percent on Thursday to a price of $1.86 on 97 million shares traded. This was by far one of its best days in the past several weeks in the midst of the market’s decline. On Wednesday, I told Sirius XM investors that greed was good. If you were one of the few lucky ones to have bought the stock on Monday, when it traded in the $1.60s, you likely have done pretty well. Thursday’s activity was precisely the reason why it is always a great idea to dollar cost average down.

Investors are eager to call the bottom on the stock as well as on the market. I am not so sure that I am prepared to make that statement on the latter, but it is becoming pretty clear that the bottom of $1.63 may have been reached on Sirius. Again, I keep going back one simple response, which is to keep things in perspective. Staying the course and understanding the improving fundamentals of the company is the best play for those who are long at the moment. Realizing that the stock’s decline has had nothing to do with the fundamentals of the company makes buying and holding a pretty easy decision to make even when the bears may want you to believe that “the sky is falling.” Instead, these authors will be better served writing about roofing companies in the midst of “falling skies

[StockDR420]

If those people had a clew or were right they would not be writing articles, right?