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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)

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To: billcasto who wrote (1737)1/27/2005 10:31:00 AM
From: Michael Hart  Read Replies (3) of 3386
 
^5 Mr. Bill

It's tough to hang in on a hedge when you are long term bullish on a company. XM had a nice recovery off the bottom yesterday. It's kinda dependant on the overall markets here.....so I expect it will move approximately with the market on the downside and will lead the markets on the upside.

FWIW - I have stops at $31.95 on the stock I bough yesterday....will trail them about $1 through the day prior to earnings assuming the stock moves up between now and then. Will probably be covered going into earnings but that's to far out to call right now.

Be well,

Mike
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