FCC – is the XM and Sirius merger approved or what??? I am one of many stressed out investors wanting you to get off the stick and make up your mind! Weigh the public interest of a Satellite monopoly verses the possibility of two bankrupt companies… Monopoly, I find that funny. We have AM, FM, HD Radio, MP3 players, and Cd/DVD players all in cars and mobile devices. Add various streaming technologies, digital radio via cable, and computers as stationary…
Banks and lenders are continuing to have rough times and things seem to be getting worse. Was it not last week that spokes people for Fannie and Freddie said that they were able to deal with their troubles and were adequately capitalized??? What the heck happened over the weekend? Someone finally got around to balancing the corporate checkbooks? (I know it is not that simple) “White House, Fed will rescue Fannie, Freddie Government-sponsored lenders are too global to go under,…
I am not a “serious” or “big time” investor. I am more active them most individual investors and I do almost all of my own research. I trade long in both stock and options. I occasionally short positions, but usually only to hedge long positions during a down cycle. I monitor fundamentals, and some technicals, for all of my positions. I dedicate two hours per weekend and no more then one hour Monday, Wednesday, and Friday for following company events…
SIRI shot up on Friday but gave a chunk of it back today. How sad. I do wounder what the last few minutes of buying on Friday was all about. Maybe a mutual fund moving in? Sirius reported expected saving from the merger of 400 million in 2009. This news did not hold the markets attention for long and it started to trend back down. Friday– Open: $1.86– Close: $2.10– Gain/Loss from prior close: +$0.27 Monday– Open: $2.05– Close: $1.92–…