Thursday, August 27, 2009

Sirius-XM Radio

I bought and sold SIRI a few years ago, when it was around the $5 mark. And once again when I saw it at .20 cents, I bought it up. So far this has shown to be an excellent pick, I think by late 2010 we will see Sirius at the breaking even point or even slightly positive numbers. Right now I am sitting at well over a 100% gain. When it comes back to somewhere around the $4 to $5 range, I will have made a nice little chunk of change. Then all I will have to worry about is that whole capital gains tax thing.

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