Siri

[James5v]

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.'

 

[Rocket_J_Squirrel]

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