Friday, January 7, 2011

What does Howard Stern and SIRI have to do with the stock market?

Do you have Sirius Satellite Radio? Or top us traders, SIRI (that's the stock symbol)? Well, SIRI is a stock that has a storied past to us traders.


First, I'm not going to pick on Howard here. The Howard SIRI pair has been very lucrative for shahre holders (even better for us stock traders).


SIRI was a $3 stock in the 90's that shot up to about $70/share. Oh, I miss those days. But in the 2000's , it went from $0.40 to $9.40.


Which move was better? Well, in both cases, the stock rose 23.3-times. Interesting...


What's my point? Well, here we are again, the stock having bottomed around $0.05 back in early 2009 (that was a great bottom when we gave a significant buy signal on 3/10/09!). It's now trading around 1.64. That may not sound like a lot. But...


Guess what? You could have made almost 33-times your initial investment during this run. So to put things in perspective, this advance, has been better than any before for this stock and for stock investors in SIRI.


Yesterday we had a free live webinar on "should you buy stocks now?" Well, the webinar went on for about an hour, so I can't repeat exactly what was said - but my main point was about opportunities in the stock market.


If you're looking for the holy grail or a home run at this point in time, you may want to look elsewhere. Most stock traders don't have the patience it takes to make 'big money returns'.


For example, we practically give away a 4 week trial to all our services to give people a flavor for the writer's style and what to expect. But more than half will try the service, get frustrated that the performance wasn't there during that period. And unsubscribe.


And you know what? They usually unsubscribe just before a significantly profitable move in the market. Then I write an email telling everyone how great we're doing, they resubscribe and the same thing happens. It's a terrible cycle in the financial newsletter industry. But it is why most people will buy at the top, and sell at the bottom. They allow their feelings to dictate their actions.


So if you want to give our services a try, we do offer a discounted trial here (only $4.95) - just click the following link:


I want to learn to trade stocks, options and ETFs now!


If you want to sign up for our live free webinars in the future, you can find instructions here:


I want to participate in your live free stock market webinars.


And here's a stock of SIRI that we're referencing. You can click on it to make it larger.




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