This thing is gonna fly through the roof pretty soon. Share goes at 7.20 a pop. I bought it at 6 something a few weeks ago. I can vouch that we're seeing a 350%+ return by this time next year. This is the best investment advice I can give to my fellow Nepalis. Load up on Sirius stocks, quick. Howard Stern is gonna add a million more subscribers by the end of this year. Only a year ago, Sirius didn't even have a million subs, now the number is 3.1.
Load up on Sirius stocks, I'm telling you all. It's a good investment. Cramer recommended it as well.

(Although they're not making money right now, Sirius is here to stay. XM is going downhill pretty soon.)

thugged out,
i am neither a speculator nor a day trader. I usually buy stocks for long term.
but here are some of basic fundamental reasons why I would NOT buy Sirius Satellite Radio Inc. (SIRI) for long term:

1. in last six months insider has sold approximately worth $46million i.e. 36 million shares. i.e. about 2% of outstanding shares. BIG NUMBER. [ when insider sales in that fashion usually not a good sign].
2. EPS is negative. This company has a negative cash flow. its burning its cash. 711million per quarter. big liability and it is generating cash by playing with financing like selling convertible notes etc.
3. Price is hovering around its 1 year target.

BUT GOOD LUCK BRO!!! U have source to reliable information.
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as always
what do i know(O:

I deal with FOREIGN EXCHANGE. I HATE STOCKS...QUICK MONEY? GO FOREX :)

redstone,
how? some tips!

thanks

You're correct that Sirius' EPS is negative. So I guess you can't even calculate their P/E ratio. Furthermore, if you check their income statement, they're not making a profit. But the reason I bought sirius stocks is the Howard Stern factor. Mel Carmazin was on Cramer a few days ago. His estimation is that they're gonna start making a profit by 2006( something like that). Of course I understand that his job is to make Sirius a household name.
Now Cramer says it's a good bargain for sure. For a couple of days, Sirius stocks have been going up by a %. I won't be surprised if we finish up in the high 9's to even 10's by the end of this year( a stretch, I know).
I'm taking a risk I know. Once upon a time, Sirius shares sold for $60. It's a burgeoning company. It'll take time for it to make a profit. And I believe in Sirius.

of course, i just did 3 speeches on it in my class. :) im well qualified re k! well, FOREX is dealing with currency from major 7 countries, USD, GBP(Great Britain Pound), AUD(australian Dollar), CHF(chehz frank), JPY(japanese yen), and other craps!
This market is nothing like stock market, where you have to hold on to stocks. you go online, bid, either buy or sell currency, you do not have to have or own the currency type to buy or sell. it will be deducted from your acct. then watch the market go up, if you bought, or market go down, if you sell. and keep it as long as you want, but not too long so you start losing money. be careful. TRAINING IS VERY IMPORTANT. LESSONS ARE FREE IN MOST OF THE SITES.

all you have to do is open up an account, pull your money and invest, either sell or buy the currency you want. you just don't blindly start buying or selling though, you need to learn how the market works and when to start trading, and when to stop. There are various markets that teach you before hand, how to trade, without acutally putting your money out of your pocket. I advise you to go to - http://www.forextips.com and follow the free lectures and take online classes that are completely free. online classes are every tuesdays and thursdays at 7.30 i think. there is another one called - http://www.raghee.net put your name and email, and access the free lectures that are provided by her. There are tons of websites that tell you how to do FOREX investment. visit,- http://www.fxsol.com, this is my website, i use it most, download a software, open up a DEMO account, not a live, BUT DEMO acct, and start playing around to get a feel for it, you get 10,000 to spend, but you won't be able to claim profit. its free money, just to get yourself trained better. read as much shit about forex, you possibly can.

FOREX is a quick money making market. liquid and profitable. the market moves all over the world, not just US. so the total market daily value sums more than 1.9 trillion dollars more or less. learn about candlesticks, fibonacci retracements, and other vital tools provided from the FOREX market. this thing is huge, and its gaining popularity.

The problem is my broker doesn't deal with Forex. Plus, I don't know much about Forex. Guess I'll need to learn a few things about it.

The media seems to stress that stocks are showing upward mobility if you know what I mean.I'm thinking of buying microsoft stocks as well. They have an operating system coming out next year, I believe. Plus, Xbox 360 just came out recently. Tons of glitches, supposedly, but it's going to do good.A couple of penny stocks might be a good idea as well. I'm looking for quick bucks, hehe.I haven't diversified yet. All my money is in just one company. I hope Sirius is not a money sink.

Thugged, look for possible merger with google, Microsoft and AOL mix ups, im am not sure who's merging, but i see google is trying to take on AOL. so stock up on GOOGLE stocks, i believe you have that already, AOL is just goin to the drain! some firms need to pull it back up! but the dumbass CEO don't want to sell AOL. LOL
:-D

just a note!

No, I don't have Google. GOOG is overvalued right now in my opinion. Last time I checked it was 400+ a share. I don't wanna take any chances. Some investors were saying that it's really worth 40, not 400. So it's bound to hit the bottom soon. But it keeps going up, so I might be wrong. Who knows?

yea, it does keep going up, and the new chinese website, somehtin like google, hit 300% up on first day! how nice is that!? but i didn't know until like 2 months later about the site! :P

google is going to max out, i have a feeling. it will go up a little more from its current position, but won't go much further. as you mentioned "overvalued" is correctamundo! but oh well, i don't like stocks! :) fOrex is best!

thugged out,
all I can say is when a stock is hyped by CRAMER [ used to run KUDLOW and CRAMER in CNBC ] then its temporary. I believe the recent surge in price may be a reflection of that hype.

me started playing it safe now. Got burned big tym playing risk lyk SIRI in high growth sector long tym back (O:

now I put my money in a dividend paying stock better RATE OF RETURN than Bank or CDS or TRESURY and sometimes CAPITAL Appreciation as well (O:

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as always
what do i know (O: