Does any have an opinion on this stock? Jim Cramer seems to think it a good speculative play.
According to him: Sirius Satellite Radio (SIRI): 'Siri is going to $1 or $2 if they don't get the merger done and to $6 or $7 if they do get the merger done. That's a pretty decent risk/reward.'
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
I agree with Cramer that SIRI is a good speculative play. Look at buying a couple thousand shares and put them in your stock ’sandbox’. I would judge the range the stock is selling in on the day you want to buy and put in a limit order at the bottom of the range and at least cover your commission. Then just hold on and watch it until it hopefully gets to the sell point that you have set. There seems to be a lot more upside in this stock than downside. SIRI is one of the stocks in my sandbox. Always your call to buy or sell! RJS