SIRI a Strong Buy (SIRI, rated BUY)

By admin | July 23, 2008

I have just stumbled across your website and hope to be a valuable contributor and analyst.

Of course, the SIRI-XM merger announced as likely approved today (7/23/08) creates a spike in the share price. This merger will allow teh merged entity an economy of scale operation that is necessary as it competes with its 21st century challenges from Internet Radio, Terrestrial Radio, Podcasts and the like.

Many call this a monopoly. There is nothing further from the truth.

I am a small-fry, but I feel good about this one.

I purchased 200 shares at 1.84 on 7/1 and 400 shares at 2.23 on 7/22.

I recommend that you acquire the shares until it reaches 10 and sell at 15.

Happy Hunting

(original article)

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