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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 21.52-0.4%Nov 14 9:30 AM EST

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To: ALTERN8 who wrote (707)11/25/2003 7:41:31 PM
From: country bob  Read Replies (1) of 8420
 
Hmmm.....I'm currently OUT of SIRI (sold around earnings) and plan on buying back in in the 1.50's. Although I don't short stocks, the one thing I've learned over the years is NOT TO BET AGAINST THE SHORTS!!!!! They might get squeezed once in a while....but not OFTEN. They're a mighty savvy bunch and they're well organized!!!! I try to sell when they short and buy a little above their cover price. I'm sure there's a lot of good trading to be done between today's price and 1.50 but, with more dilution on the horizon, it's a little too risky for me. JMHO Bob
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