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Coffee House => Coffee House Boards => CH / General => Topic started by: redrumloa on March 11, 2005, 09:09:23 PM
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'sup?
I've finally broke through my perpetual debt and reached the point in my life that I can start making investments.
yippie!! :-o
Soo.. What's the next big thing? I think I'm going to invest heavily in Sirius (http://finance.yahoo.com/q?s=siri), once it's current bearish trend ends. Why? well I believe it certainly is the future of radio. There is only 2 providers. XM, it's only competition, is owned by Clear Channel, Sirius is not. Sirius is getting Howard Stern in Jan 06 which should overnight bring in a couple million subscribers. With only 2 providers eventually they can raise their prices to whatever they want from the current $12/month.
What do you think? What do you think will be a hot inverstment?
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i KNOW Sirus is the investment. if i had the money that's what i would do.
everything howard touch's turns to gold. mark my words.
in 5 to 10 years "free" radio will be worth sh{Ashcroft}it.
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My opinions: Engineered materials, innovative uses of biotech, "things that seem like blogging," and resource extraction (meaning Halliburton). Consumer credit, assuming nothing really changes or gets worse (the entry point for that was probably more when the sky was falling), and that if things do change or get worse, investments will be the last thing to worry about.
I tried to throw some cash at generic drugs, which you'd think would be a matter of commodity manufacturing, and demand, but my pick decided to diversify and implode to some extent.
My own personal view is to try to balance the 'risky' stuff with the 'boring, conservative, employs people who probably deserve to eat' stuff such that I can potentially retrieve "enough" from either. (This is a way of restating the whole 'save 10%' rule or whatever, but for stock in particular I allocate risk based on 'do I have a reasonable expectation of this company still existing in 10 years, or am I just being a dumb*** swing trader?' ... Obviously if you lose the whole purse, you don't get to keep playing.)
Edit: Also, I love Stern, and you guys are putting ideas in my head. :-D But my question with Sirius is going to be whether they can "survive" or "adapt" to IP streaming everywhere -- if, for instance, they suck it up and let the show be omnipresent, they'll do great, but if they pull an RIAA, they'll end up with a hugely-pirated property and nothing to show for it. Right now:
5. Can I stream SIRIUS’ Sports, News and Entertainment programming?
Due to certain limitations, we are unable to make those channels available live on the SIRIUS Player. However, you can listen to the SIRIUS OutQ channel and Lynn Samuels on SIRIUS Left // 143.
(Still, censorship has a lot going for them, and I might be in the minority for enjoying the games ad-supported media has to play with its sponsors... on the other hand, the FCC could make them another Yukos. :-o)
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Red, something like this will nearly always beat the street.
From about $7.00 to the equivalent of $105.00 since the early 90's.
Click here (http://finance.yahoo.com/q/bc?s=WB&t=my&l=on&z=m&q=l&c=)
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Hot stock picks for 2005-2010?
I could have sworn I thought that said "Hot sock picks for 2005-2010?" :lol:
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@Red
Invest in porn, people will always buy porn, and the peddlers keep coming up (ooh err missus) with innovative methods of distribution. 3G video phones (do you have these over there yet?) in the UK have pay-per-view smut available on them etc...
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Halliburton, Aros bounties, and Pharmecueticals. ;-)
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The long term question about sirius is installed base. The current earnings are -($.57) per share. Any future increase in suscribers will fall directly to bottom line earnings. Any future decrease in suscribers will balloon losses.
Short term trading outlook ( for a buy within next 2 weeks, 4 month holding period).
recommended entry point at around 5.00, short term upside to about 8.00+, short term downside risk to about 4.00
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Congrats, Red :-)
Don't forget to invest a bit in this: :pint: