The Long Investor
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$SIRI - WATCHLIST -
🕑 Added 2025-02-25 20:23:27 +0000 UTCWe need to be mindful that Buffett is concerned about the valuation of the Market and is heavy in Cash and buying very little and selling a lot, including his Mega Cap and banking stocks.
So we must consider that Buffett believes that $SIRI is a safe haven and a hedge, since he continues to add aggressively.
We do have a breakout here and a retest of the wedge, we also have retest of the higher low fib levels too.
If the price can continue to hold above the $23-$24 level, it would not be a bad idea to be aligned with Buffett here.
Comments
Lars Henning
Question: why do we look at $Siri? Based on the investment thesis, due to the reorganization, liberty (the other company) should go up in value… or am I missing something? I agree that the chart looks attractive. Just some fundamental confusion
JZ
Still would rather have the mega cap...
