Documentry About Sirius Stock Debacle

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Medicinal & Recreational.
Oct 11, 2008
2,760
96
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Seattle, WA
A Michael Hartleib Production... :rolleyes:

It appears that Michael has failed in his last attempt to overthrow Mel, and all the firepower he has left is in this video.
 

TheScionicMan

Last non-Hating Stern Fan
Oct 11, 2008
2,171
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They should run this as a triple-feature with the movie "21" and "Rounders" since they're all about gambling...

What part of "Buy low, sell high" did they not understand?
 

limegrass69

Confused
Oct 12, 2008
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New York
Next time, maybe some of those schmucks in the video will do their homework before buying a stock. If they don't understand the financial statements and the business operations, maybe they should stay away from the stock (and the stock market). It's not a casino.
 

SISO

Member
Oct 11, 2008
306
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Holy crap. I am sorry but these people are the BIGGEST idiots I have seen in many a year.

Did you not realize that at $5, $6, $7..etc. that this stock was way overpriced???? You bought into hype. Hype eventually ends. If you couldn't figure out when it would (as many couldn't) oh well..that's the stock market. Learn how to trade stocks and then make a documentary.

Now, sure, I'm not sure how the stock got down to 5 cents. Management at Sirius are idiots, I could have told you that 2 years ago. But don't start crying in a documentary about how you lost money because you are failures at the stock market.
 

TheScionicMan

Last non-Hating Stern Fan
Oct 11, 2008
2,171
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I'm not so sure I agree with the "If your frig is full of Bud, buy A-B stock" premise. Seems like your tainting a business decision with personal likes, which is the problem it seems with this investment...
 

limegrass69

Confused
Oct 12, 2008
6,079
245
63
New York
I'm not so sure I agree with the "If your frig is full of Bud, buy A-B stock" premise. Seems like your tainting a business decision with personal likes, which is the problem it seems with this investment...

That crap does not work...it never did. If you don't understand the company's financial statements and how to buy and sell stocks after doing some analysis, you should have a financial adviser or mutual funds. It's not an emotional decision. Just because you have a good product does not somehow guarantee success.
 

TheScionicMan

Last non-Hating Stern Fan
Oct 11, 2008
2,171
93
48
Do you realize how much Sirius Stock you could buy for the price of one copy of that DVD? Thousands of shares, probably...