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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (2830)9/22/2006 12:30:03 PM
From: HEXonX  Read Replies (1) | Respond to of 3386
 
Hey Frontmed-

Calm down. I gave my two cent when I thought it was a good time to short XM. I didn't say anything about investing. I just gave my opinion of what I think was sound at the time. There are lots of swing traders who make trades in and out of the same stock all day long. Your mindset is obviously way to logical for trading stocks. IMO you should stick to CDs and mutual funds. :-)

IMO. Right now both SIRI and XMSR are volatile and only reflect limited swings. Recently SIRI has swung negative due to the NY Post article and the market as a whole. I believe that this is a perfect time to wait it out and let it settle before the October buying starts. Same with XMSR. However XM does have it's institution movement which you can see does change the price a bit.