Posted:
#1
Just to start off, I have been a longtime lurker in the investing forum of covers. Despite that fact, I have never invested in stocks or mutual funds.
However, I have recently put together about $1,000. I was considering maybe using some of it to purchase Sirius since it is so low (Sidenote: I know buying a stock because it is low is a horrible idea). It just seems to me that it is a bit undervalued as they move away from the merger issues.
My question, would it be foolish to put any of my money into SIRI? If so, then do you have any better suggestions?
I am hoping that maybe Mikey or WallStreet will weigh in on this for me.
Thanks
However, I have recently put together about $1,000. I was considering maybe using some of it to purchase Sirius since it is so low (Sidenote: I know buying a stock because it is low is a horrible idea). It just seems to me that it is a bit undervalued as they move away from the merger issues.
My question, would it be foolish to put any of my money into SIRI? If so, then do you have any better suggestions?
I am hoping that maybe Mikey or WallStreet will weigh in on this for me.
Thanks
0
Hot Forum Topics
