If you followed my post from February 18, 2009, you are sitting on an almost 50% gain on Sirius. This is an great gain vs what we are seeing in the market. You can only get this type of gain from small companies and distressed companies. Sirius hits both of these marks. It has a great chance of going bankrupt, but when Liberty Media comes in and funds them millions to pay off their loans, they have a good chance of weathering this storm. There must be something up their sleeves and it shows it with the closing price today at $0.235. I, myself, am looking for the long-term gains and I will wait this one out. It’s so cheap that the up-side is definitely much bigger than the downside.
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