tennesseeboy Posted February 23, 2007 Share Posted February 23, 2007 One of my favorite quotes about the stock market is from Joseph Kennedy Sr.(JFK's father). He said about the market: "You know it is time to sell when the shoe-shine boy tries to give you stock tips." I think you can apply that lesson to buying individual stocks also. Such is the status of SIRI. I always figured it was time to sell when my broker ended up being a shoe-shine boy!...or at least time to change brokers! Made a killing in one stock a few years ago and am holding some sirius stock now, but will probably just wait and see with it for now as a flier. Satellite radio stock has been a risky proposition all along. I'm happy with my portfolio over all and figure my sirius stock is more or less a lottery ticket right now. International stocks have done VERY well. Link to comment Share on other sites More sharing options...
BuffaloBud Posted February 28, 2007 Share Posted February 28, 2007 Press release from Sirius concerning merger. www.sirius.com/servlet/ContentServer?pagename=Sirius/Page&c=FlexContent&cid=1172002269210 Link to comment Share on other sites More sharing options...
HBSS151 Posted February 28, 2007 Share Posted February 28, 2007 I always figured it was time to sell when my broker ended up being a shoe-shine boy!...or at least time to change brokers! Made a killing in one stock a few years ago and am holding some sirius stock now, but will probably just wait and see with it for now as a flier. Satellite radio stock has been a risky proposition all along. I'm happy with my portfolio over all and figure my sirius stock is more or less a lottery ticket right now. International stocks have done VERY well. A good portfolio has a few "wild" cards to mellow out the winners. Sometimes, selling at loss is a good thing - but hardly a strategy. http://moneycentral.msn.com/investor/chart...p;CP=0&PT=8 Link to comment Share on other sites More sharing options...
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