tennesseeboy Posted February 23, 2007 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.
BuffaloBud Posted February 28, 2007 Posted February 28, 2007 Press release from Sirius concerning merger. www.sirius.com/servlet/ContentServer?pagename=Sirius/Page&c=FlexContent&cid=1172002269210
HBSS151 Posted February 28, 2007 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
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