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Satellite Radio Folks (investment question)
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Bri
I Love You to Pieces!
Member since 5/05 9919 total posts
Name:
Brianne
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Satellite Radio Folks (investment question)
How does everyone feel about investing in this stock now that the XM merger has been approved? We never went through with investing in Sirius in the past, and it is so low right now, we are debating whether or not it would be a good move to invest now that the merger has been approved, or if it might not make much of a difference at all . . .
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Posted 7/28/08 10:52 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Satellite Radio Folks (investment question)
This is very high risk IMO since both companies still have an extreme amount of debt.
I wouldn't touch this unless I had some serious disposable income.
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| Posted 7/28/08 11:04 AM |
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Blazesyth
*yawn*
Member since 5/05 8129 total posts
Name:
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Re: Satellite Radio Folks (investment question)
I agree. While the merger is great for their business, they are both still not making a profit.
I'd wait a year or so to see how things pan out before making an investment.
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| Posted 7/28/08 11:11 AM |
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Bri
I Love You to Pieces!
Member since 5/05 9919 total posts
Name:
Brianne
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Re: Satellite Radio Folks (investment question)
TY!
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| Posted 7/28/08 12:15 PM |
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HelenZ
So worth the wait :)
Member since 10/07 2862 total posts
Name:
Helen
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Re: Satellite Radio Folks (investment question)
I bought Sirius stock when it was $6 thinking it was so low it was bound to go up.....I was dead wrong!! now I'm just waiting to gain back at least what I put in. I wouldn't touch this stock if I were you.....unless you have money to play with!
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| Posted 7/28/08 12:55 PM |
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