I now own Sirius/XM

Feedback.pdxradio.com message board: Archives: Portland radio archives: 2008: July, Aug, Sept - 2008: I now own Sirius/XM
Author: Richjohnson
Thursday, September 11, 2008 - 1:05 pm
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Caught the 52-week low of 90 cents a share. I was having deja vu from about 20 years ago when Apple stock was going for 3 or 4 bucks. It closed today at 150.

I hate stock buying. I hate checking the site 3-4 times a day (if not an hour) for the latest price. I'd love to buy it and forget it for a couple of years.

But that ain't gonna happen. I'm gonna fret and obsess over every penny it shifts (and we are, indeed, talking pennies for now).

That said, I believe in satellite radio. I've been paying XM for 6 years now, and I think the technology is too important to too many people (like GM and Ford) to let it go under.

I've paid more for less (vacations, a hideous condo), and will ride the big Mel wave for a while.

RJ

Author: Alfredo_t
Thursday, September 11, 2008 - 1:09 pm
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I own some Sirius shares as well. Unfortunately, I bought them when the stock was trading at $5.05.


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