SIRI, buy or leave it alone?

[go2guy]

Was checking it out and I'm pretty much iffy about it. I guess the Stern move didn't work out as expected at least for now. Anybody holding it? Your thoughts please?

 

[YourAllAmerican]

The company's solid, and I believe the stock's long-term prospects are very good. They're winning share from XM, thanks to Stern and some of their other talent signings.

That said, I own more of it than I wish I did right now. It's a very volitile stock with a huge float and tons of short interest. I'm not selling my shares, but I wish I weren't quite so heavily invested in it. If I could do it again, I'd invest most of that money elsewhere for the next year or so.

 

[Dubpoet]

It does go up n down. Place buy orders on the low side. Sell high and make money or more shares. This stock is perfect for it.

 

[PercocetThreat]

Until they find a way to keep costs in check I'd look elsewhere. Revenue growth is all well and good but it means nothing if you can't turn it into profit.