Good stock investment?

I recently put $500. into Sirius stock expecting it to go up when it merges with XM radio. Do you think that is a safe investment or do you have a better recommendation where I could make some money quickly??

Thanks!

One analyst's view:

December 12, 2007

Shorts Hope For Sirius (SIRI) Takedown

Short seller are certainly willing to bet against the future prospects of Sirius Satellite Radio (SIRI). Shares sold short in the company rose 14.4 million between November 15 and November 30. The entire short interest in the company now stands at a staggering 113.5 million shares.

Those betting against Sirius believe that one of two things will happen. The first is that the merger with XM Satellite (XMSR) will not go through. That would almost certainly depress both stocks. The market is counting on the merger for cost savings.

But, even if the merger is approved, the two companies each have well over $1 billion in long-term debt in a market that hates debt and is not likely to extend over-extended companies any extra cash.

Shorts are gambling on a Sirius crash and burn.

Douglas A. McIntyre

What changes when they merge?

Are you the only one who knows about the merger?

Answers: nothing, no

Why do you think the price would go up when they merge with XM when it is already public info that they are trying to merge?

1. There is no way to make money quickly. If you try, you'll almost inevitably loose money, often quickly.

2. $500 is not an investment. Investments start at about $5,000.

No I dont think Sirius is a good investment.

No I dont think there is such a thing as a safe investment (especially with only $500), where you could make money QUICKLY..

Investments take time to make money..

Trying to make money faster is called gambling (sorry).

Good Luck
ED

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