Talk about getting blown out of the water today! I expected Sirus (SIRI) and XM (XMSR) to move today, now that the merger was finally approved, but certainly not to crater! I did not think that the market would have such a negative reaction to the needed refinancing – was I ever so wrong before?!?

I just finished reading a very good article by Jack Hough, of SmartMoney, that really struck me. I have gotten way to over confident in my abilities over the last couple of years and was due to get burned.

As reality starts to set in, nauseousness and all, I look for near term future catalysts that might get me out of this mess only to realize their really are none. This is an extremely painful lesson that I have hopefully learned. It will take a long, long, time to regain the losses both financially and to my self confidence.

- Oldest Purchase: $3.70 (-49.1%)
- Recent Purchase: $2.25 (-16.4%)
- Today’s Close: $1.88

…anyone have a tall building I could use for a short time?

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