AceTrader

This site was designed to communicate with friends who share similar interest. The interest in the "free market". Stocks, over the long term, provide the best return on your money. More than cash, bonds and even real estate. Understand that investing is a learning process. We will learn from our mistakes and move on. This is a journey. Enjoy the ride!

Name:
Location: Bayside, New York, United States

My love for the market began in 1987 when I first opened a brokerage account with Fidelity Investments. You know what happened back in 87'. "Black Monday", the market crashed. My initial $ went down fast. Thus began my thirst for the challenge to make it in the market. Although I have science background, my Bachelors degree is in Economics from Washington University (great school). I also have earned an MBA in Finance from Fordham University, New York. Although I am registered as an "investment advisor" with the NASD, any information in this blogger is not intended for any business use.

Monday, November 06, 2006

Buy XMSR: once again

XMSR just released its 3rd quarter numbers.
Let's just say it was good - very good. Some of you were second guessing me on this one for a while - well, just stop it and buy this now. My original cost was $11.20 but I will be buying more soon. This morning, XMSR is already showing $12.60 bid (+12% ouch!). Most of you will have to pay higher I guess.

Once XM goes above $14/share, it will race toward $20/share.
By the end of next year, this is what you will hear from me.

" I told you so."

Buy XMSR - it offers better value than SIRI.
I will do more detailed analysis this afternoon.
Have a beautiful day?

P.S: IGLD will see new high soon. This too had a fantastic quarter! Our boys are doing well...

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