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Technology Stocks : Sirius Satellite Radio (SIRI) -- Ignore unavailable to you. Want to Upgrade?


To: rjk01 who wrote (6232)2/7/2007 1:56:53 AM
From: MJ  Read Replies (1) | Respond to of 8420
 
SIRI is being bought and sold by someone-------if its not the institutions then from where is the interest coming.

With XM what I see is a stock that is overloaded with institutions. Is it possible that these institutions are now stuck.

Generally, in investing I have noticed that the accumulation by insitutions accompanies an upward move in a stock.

Once the institutions are in that want to be in--- the stock has peaked and either remains stagnant until the short selling and distribution begins to the public.

Re. SIRI-------wouldn't even guess on what direction it will go.

mj