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Sirius XM Holdings Inc. Message Board

  • geckophonecall geckophonecall Dec 2, 2004 5:44 PM Flag

    SIRI IS DOING WHAT IT'S SUPPOSED TO DO

    When SIRI closed above it's triple top a couple of weeks ago,I said that it would EXPLODE to the upside.Well,you are now witnessing this event.

    What to do now? Close your eyes and ears to the media coverage,the rants from AHOLE BASHERS,and for goodness sake,your emotions.All stocks fluctuate,but the key to CREATING WEALTH,is to hold for the LONG TERM!!!Trust me when I tell you that the hardest thing to do is to hold tight to your shares and not succuming to your emotions.

    If you think and embrace the big picture for SIRI,then it will not be a target of price,but of time.Wrap your brain around this overall picture:

    FUNDAMENTALS

    1.Content is fantastic and getting better in quality not just quantity.
    2.Hardware/Equipment getting better and increasing the velocity of innovation.
    3.Management is now the best possible for this industry.
    4.Don't underestimate the power of Stern,especially since he will come aboard much sooner than the street thinks.

    TECHNICALS

    1.The fact that MOST of the outstanding shares are locked up in long and strong hands,which shrinks the float{shares available to trade in the open market}
    2.When SIRI closed above it's triple top a couple of weeks ago,there occured the MOST BULLISH EVENT possible for a stock.
    3.When a stock breaks out,which SIRI has,it will ALWAYS go HIGHER than you think.This causes people to sell way too early.

    What to do now?Keep holding your shares,and if you can afford more or have to borrow,BUY MORE!!!!!!!!!!!!Average up,you will thank yourself in the years to come.The window of obtaining SIRI at CHEAP levels is starting to close.If you trusted my advise you have bought all the shares you could possibly get your hands on.Now comes the hard part.DO NOT SELL FOR YEARS!!!You will CREATE WEALTH FROM THE LONG TERM OWNERSHIP OF THIS GROWING BUSINESS!!!!!!!!!!!!!!!!!

    Gecko

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    • Gecko, great post. And very true. old saying
      we get too soon old, and too late smart.

    • We'll said, but I wanted to add one more thing to the mix.

      Up until very recently the cost of purchasing equipment for Sirius was not reasonable. I was lucky enough to have purchased a sirius ready radio and when I started looking for the tuner the price used to be $200. Now in the past month it's down to $50.

      I'm sure as more sirius hardware is released that prices will become even more reasonable then at the moment. Which of course allows the ability to increase subscriber ship for those that have the difficulty of of paying even $100 to get started.

    • very intelligent post!!!!1

      <go siri go>

    • (a must read , good post by Gecko !!)

      When SIRI closed above it's triple top a couple of weeks ago,I said that it would EXPLODE to the upside.Well,you are now witnessing this event.
      What to do now? Close your eyes and ears to the media coverage,the rants from AHOLE BASHERS,and for goodness sake,your emotions.All stocks fluctuate,but the key to CREATING WEALTH,is to hold for the LONG TERM!!!Trust me when I tell you that the hardest thing to do is to hold tight to your shares and not succuming to your emotions.
      If you think and embrace the big picture for SIRI,then it will not be a target of price,but of time.Wrap your brain around this overall picture:
      FUNDAMENTALS
      1.Content is fantastic and getting better in quality not just quantity.
      2.Hardware/Equipment getting better and increasing the velocity of innovation.
      3.Management is now the best possible for this industry.
      4.Don't underestimate the power of Stern,especially since he will come aboard much sooner than the street thinks.
      TECHNICALS
      1.The fact that MOST of the outstanding shares are locked up in long and strong hands,which shrinks the float{shares available to trade in the open market}
      2.When SIRI closed above it's triple top a couple of weeks ago,there occured the MOST BULLISH EVENT possible for a stock.
      3.When a stock breaks out,which SIRI has,it will ALWAYS go HIGHER than you think.This causes people to sell way too early.
      What to do now?Keep holding your shares,and if you can afford more or have to borrow,BUY MORE!!!!!!!!!!!!Average up,you will thank yourself in the years to come.The window of obtaining SIRI at CHEAP levels is starting to close.If you trusted my advise you have bought all the shares you could possibly get your hands on.Now comes the hard part.DO NOT SELL FOR YEARS!!!You will CREATE WEALTH FROM THE LONG TERM OWNERSHIP OF THIS GROWING BUSINESS!!!!!!!!!!!!!!!!!
      Gecko

    • I have always been calm.That is the state of the investing mind when one knows that WEALTH IS CREATED THROUGH THE LONG TERM OWNERSHIP OF A GROWING BUSINESS!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • You state on paper what we all think !!

      Well done Gecko !!

      Cheers,

      PK

    • Gecko, Please continue to post this message in the coming hours, days, and weeks. Great post.

    • I nomiminate this post for post of the month.

      Great post Gecko!

    • very intelligent post

    • Good post - it's much harder to hold this on the way up ....$5, $10, $20...vs selling from $4 down to $2.
      Learning to hold.....on tight.

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