Most of the bashers that lie don't have any short position in SIRI. They're paid by crooked shops that are short big time, to spread info that can have negative impact on the share price. This method has been covered by recent articles, I think even YAHOO archives has one.
P.S. People LIE on this forum. $10 by January is realistic, but dropping to $6 and staying there is not realistic.
There may be dips, but it will climb out of dips. (Note the recent "catastrophic fall" from which it recovered quickly.)
Sell a June 7.5 option to own your stock for $2.10 cents, and then you'll have laid out $4.05-$2.10 or $1.95 with a return of $1.50 in the next six months or 75%.
The only problem you have is, you didn't buy enough shares to make this a smarter move than holding and praying.
You need to buy three times as many shares.
We will probably trade in this short range, bouncing off the bands for the remainder of the day.
However, watch for 7.98 support; if it breaks down we will drop. Look at intraday charts for last two trading days; very similar to today's action. Healthy accumulating going on.