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Time To Get Serious
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SIRI has been a hot stock since day one. It is super hated on because frankly, no one listens to satellite radio. Sirious and XM have announce a planned merger for some time now and have not yet gotten the gov. approval. This has been the longest approval process ive ever witnessed leaving many to believe that it is not going to happen.
Today, former FCC chairman, Mark Fowler made public that he is behind the merger and believes it will go through. Investors have been waiting for a catalyst and I think this is it.
I am going to buy half a position now and probably another half when more news is released.
Bought half a position @ $3.08 |
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This site is not just a place for me to speak my mind, my goal is for these posts to be a catalyst for conversation. If I have stimulated some thoughts/ideas please be sure to contribute below. Dont be shy =)
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