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Sirius-XM Merger

oldfannewposteroldfannewposter Posts: 128
edited July 2008 in A Moving Train
Anyone buy any shares of either before the merger? That stock sucks. Thanks Cramer.
"One just escapes, one's left inside the well... and he who forgets will be destined to remember"
Post edited by Unknown User on

Comments

  • BetterThanYouBetterThanYou Posts: 853
    oldfannewposter wrote:
    Anyone buy any shares of either before the merger? That stock sucks. Thanks Cramer.

    i was seriously thinking about it, but never got around to it. i'm out of the loop on satellite radio currently. did the merger go through? what's the stock worth right now?
    "Have you ever.........pooped a balloon?"
    ~D.K.S.
  • oldfannewposteroldfannewposter Posts: 128
    the merger went through and sirius has dropped from a 2.29 opening on tuesday to, like, a 1.64 closing today... it went as low as 1.49 i think. ouch. there's a big stink about it throughout the market, check it out at any financial/business site. maybe NOW is the time to buy? :0) lol
    "One just escapes, one's left inside the well... and he who forgets will be destined to remember"
  • BetterThanYouBetterThanYou Posts: 853
    oldfannewposter wrote:
    the merger went through and sirius has dropped from a 2.29 opening on tuesday to, like, a 1.64 closing today... it went as low as 1.49 i think. ouch. there's a big stink about it throughout the market, check it out at any financial/business site. maybe NOW is the time to buy? :0) lol

    wow, i can't believe that. i mean, when i was going to buy i was only going to spend maybe $1k. not like it would have broke me completely if i lost money on it. $1.49 a share is so tempting to buy.....i mean it's gotta go up, you know? it's gotta.
    "Have you ever.........pooped a balloon?"
    ~D.K.S.
  • oldfannewposteroldfannewposter Posts: 128
    it should but another day goes by and more fucking for the shreholders.... stupid.
    "One just escapes, one's left inside the well... and he who forgets will be destined to remember"
  • mca47mca47 Posts: 13,307
    First of all I never trust Cramer. That guy is a fuckin' idiot.

    Keep in mind right before it happened, he told everyone to hold on to their Bear Stearns stock.
    Granted he may be more right than wrong, but I'd take his advice with a grain of salt.

    I have XM and I am waiting for Sirius channels. Other than that I don't care.
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