Re: XMSR/SIRI and NASDAQ 100
XMSR may be the better buy right now given all the emotional content driving the price of SIRI. I like SIRI in the 5.50 or below range.
XMSR has come catching up to do if SIRI keeps going. SIRI hit 9.43 and dropped to a low of 6.58 in a single day.
I don't want to be the guy taking the 31% hit in one day. It could happen again with this stock...
Therefore I like the lower variance of XMSR right now but would jump on SIRI under 6. Look at the SIRI chart to see why....a close below 5.50 would not invalidate its uptrend at this time.
SIRI seems way ahead of itself, while XMSR seems a safer way to play sat-radio at this time.
A SIRI close below 5.50 evens the comparisions, but that may never happen.
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