Sirius XM Dips Beneath $1: Will the Street Give It Any More Time? [View article]
I'm lost... like I said, I don't know much so when you say "you should have bought puts to hedge" I have no idea what that means.
cost1000, I do invest in other stocks and have done good in some, but Sirius was one that I thought would be a sure thing. Now that it's so low I didn't think it would be smart to sell. The tax deduction will not help at all. Even if it takes years I would rather ride it... but, I'm wondering if this stock has a deeper dive coming and should I buy more right now in the hope that even a couple years from now I will be glad I did.
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I'm lost... like I said, I don't know much so when you say "you should have bought puts to hedge" I have no idea what that means.
Sep 12 14:21 pm
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All Comments by Candy617 »Sirius XM Dips Beneath $1: Will the Street Give It Any More Time? [View article]
cost1000, I do invest in other stocks and have done good in some, but Sirius was one that I thought would be a sure thing. Now that it's so low I didn't think it would be smart to sell. The tax deduction will not help at all. Even if it takes years I would rather ride it... but, I'm wondering if this stock has a deeper dive coming and should I buy more right now in the hope that even a couple years from now I will be glad I did.
Opinions?