SIRIUS Satellite Radio stock

[CodeRed68]

Let me first say that I am in no way a financial expert or investor.
But.... I have seen Sirius radio stock go from under $3.00 bucks a share to $7.40 as of today. This is all within about a month.
Sirius has recently signed on Howard Stern, Eminem, Mercedes cars, etc, etc.
I bought a modest amount, 300 shares, a little while ago and have almost doubled my money.
XM satellite is currently at $37.01 per share (i bought some of that too, but when it was $30.) So there is no reason to think that Sirius will not go into the 30's or 40's per share.
So it seems there is still time to get on the band wagon and make some money.

Again, I am not an expert and this is actually the first stock I have ever bought and am doing this mainly for the fun of it. Some dudes get real serious (no pun intended) with this stuff and track it all day.

[SkiloDog2000]

wow.
sounds like a good investment
stock market is a beautiful thing

[deathBOB]

Well... According to the Woodward Academy Investment Society, the satelite radio companies and the directtv kinda companies are projected to do well...

Makes sense really, its become an option on all but the cheapest of cars, which is probably its primary market...

[JimmyTango]

Sirius has been a stock people have talked about for some time now, when the signed the NFL and the early rumors of Howard stern moving over(which he first decided to stay radio, then recently switched over).

[Conscious*]

My mom bought it 2 months ago, made about $15,000 already.

[DocTrebor]

Yeah but with the middle man how much will you actually get when you sell?

[SkiloDog2000]

depends what percent your broker wants
anywhere from 8%-12% i imagine theyd want

[CodeRed68]

i use td waterhouse online and they charge $15. for every transaction online and like 25-35 over the phone.
But i have never tried to sell stock so i am just assuming the transaction fees will be the same?

[CodeRed68]

up to $8.06 today...