Posted in Stock Market

Sirius

With GM going into bankruptcy, there have been lots of rumors and speculations in regards to the health of Sirius’s stock and the ability of the company to thrive. According to some of the reading and research I’ve done on the Internet, it seems that while GM played a large role in Sirius’ success, by no means it means that it paid all of the company’s bills.
I am personally invested in Sirius and plan to go “long” for a while in hopes of the stock to grow. I’ve heard not to put all my eggs on the same nest, but as a starting investor I still have low capital to diversify and see any substantial gains, so my idea is to purchase a stock (like SIRI) and hope for it to rise in the short/long term. Here is to hoping that the company does well and the stock goes nowhere but up.