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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 20.73-0.2%3:29 PM EST

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To: country bob who wrote (6240)2/7/2007 10:01:00 AM
From: Art Baeckel  Read Replies (2) of 8420
 
There were several who thought it would be over $5 w/o a rs. I'm not sure what all this talk about being against institutional buying is about. That's a plus. As far as them shorting it. Shorting is just one of the "checks" on a stock price. Usually it is merited. They usually do it when it's "way over priced". There are exceptions though. The key is over $5. To the big investors "that believe", it's not on their radar if it's under. They treat it like a penny stock, and especially if the stock has been around as long as SIRI has. It's not a good chart for them to look at. IMO

ART
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