03-18-2009, 05:43 PM
I currently only have one in my portfolio - Sirius satellite radio (SIRI). Bought it for $.12 a share a month or two ago. Now it's at around $.40 a share. I only bought 1000 shares though.
If it can make it through the debt due this year I think it'll be good to have, but the main reason I bought it was because I love satellite radio. If the stock goes to a billion dollars a share that's an obvious bonus, of course, but in the meantime it's a penny stock for a reason. It's a gamble. All penny stocks are.
However, if it reaches $500 a share, then i'll take everyone on this board out to a fancy restaurant! :wink:
If it can make it through the debt due this year I think it'll be good to have, but the main reason I bought it was because I love satellite radio. If the stock goes to a billion dollars a share that's an obvious bonus, of course, but in the meantime it's a penny stock for a reason. It's a gamble. All penny stocks are.
However, if it reaches $500 a share, then i'll take everyone on this board out to a fancy restaurant! :wink:
The CK Machine
