December 09, 2004

Blame Howard Stern

USATODAY.com - Sirius falls 23% in frantic trading. It'll catch up to you -- no due diligence will lead you to heartache. The recent hype up on Sirius (SIRI) was probably due to the thousands of listeners of Howard Stern who read some positive reports on the Motley Fool and Howard's site. You'd be surprised how many investors listen to Stern. With an airing time of 7am until 10am Eastern time, it's a prime time for broadcasting to those itching to buy on a hot tip. The future of satellite radio is definite, but the timeline to get there is not set in stone. Invest for the long haul and not for the quick sell. Thanks Warren Buffett.

Posted by johnvu at December 9, 2004 07:36 PM
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