Friday, March 5, 2010

SIRI Strategy Update

Although my fundamental work has SIRI valued higher, we are going to put in a stop-loss order and move on. If the stock hits our lower sell price it will automatically be sold. This strategy is called "let the market take you out". We are going to focus on other trades. Check you emails on where to set your stop-loss price. There is no reason to watch every trade at this point. Enjoy the day-it's Friday! Either we are out or in by the end of the day. I just don't have the heart to sell it here because I think it is worth a lot more. The Market will make our decsion. Talk soon....I'm going out for awhile.