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Sirius XM Canada Holdings Inc T.XSR

"Sirius XM Canada Holdings Inc is a radio broadcasting company with approximately 2.7 million total subscribers. The company broadcasts music, sports, talk, entertainment and other content on a subscription fee basis in Canada. It includes over 12 Canadian channels designed and developed from studios in Toronto, Montreal, and Vancouver. It derives revenues from the sale of subscriptions, activation fees, advertising, and equipment sales."


TSX:XSR - Post by User

Comment by ROIcrusaderon Mar 31, 2015 1:07pm
160 Views
Post# 23582181

RE:RE:BNN Top Pick

RE:RE:BNN Top PickTypically I never buy something without watching it for at least a month, and here's why: If I heard about this name, so did many, many other people, who most likely thought it was a great idea to get into, driving up demand and prices.

My experience has told me that waiting to buy a stock a month after you find it will most likely result in a much more attractive price, i.e. today's range is 5.48-5.41, the range the day your replied was 6.25-6.35.

So by waiting a month, I've saved myself over 12% on the purchase price while not missing a dividend. A successful businessman friend of mine will maintain that buying at the right price is the most important aspect of business, and I don't think he's that wrong.

I like this story, and will be a shareholder shortly, ex div looks like Apr 27th ish.

GLTA
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