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The merger is complete...........shares are at a $1.40 today.

What do you think, good time to buy?
 

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Spot On Dee El...
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688 Posts
The merger is complete...........shares are at a $1.40 today.

What do you think, good time to buy?
I am looking for an out anywhere above the $1.50 mark. Sirius XM just discounted 100 million shares 20% at $1.50 to raise capital. They have another 97 million shares that they can sell at any time at $1.50 or market price as they desire... Long time SIRI holders have taken the whole 8 inches and now they tell us there are 2 more inches to come...:|err:|err:|err
 

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Hub Cap Annie & Wheel
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Their debt is astronomical and they(both cos.) have way too much outstanding stock available to be bought by the public. Stay away unless you have a couple extra grand to f around with, sorta day trade it when it jumps a .25 or .50. I had friends beggin me to buy at $3.00(XM) then it rose to $7.00 I believe, then as quick it went into the shitter. I never bought either stock. I am considering buying 2K shares and just rideing it out, let it sit for a few years ya never know and the risk is minimal.
 
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