SIRI 1/4/2013 - Another Day, Another Dollar

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Originally Posted by Limit5Bass

Well, for any that missed yesterday's post, I'm thinking $3.35 could be in the cards near-term. I used a Fib retracement and estimated where I think the run will end. I started by anchoring the Fib retracement at the bottom and then proceeded to raise it up until the 50% Fib retracement line was in between the 2 gap-ups SIRI has had the last couple weeks. Most gap-ups (and gap-downs) fall within the 50% area of a Fib retracement. Based on this theory, $3.35 is my personal short-term target. :pimp:

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I hope it another dollar, then it will be 4 dollar Friday after 3 dollar Thursday. A man's gotta dream!

I look for symmetry....look at the left side and how long it took to get to the gap......then add that time to the backside after the second gap and you can get a "general" idea of when the short-term target may be reached. Symmetry and consistency leads to nice gains.

EDIT: Throw those HO's on the bonewagon, tell them "ROADTRIP" and head on over!

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Originally Posted by denco1

I like that theory BassMan...awesome analysis!!......you are the PimpMan:smilewinkgrin:

If we hit your target shorterm I may just need to donate a few HOs to your stable of BEOCHES:tysign:

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GM all.

Let's hope that Limit's assessment comes true because 3.35 would be nice... LOL

David

It took approx. 20 days to get from the fib marker to the first gap-up, add that to the backside and my short-term target is approx 15-20 days. I'm sure certain news events could help "accelerate" those targets though

EDIT: When is the next CC scheduled for? Maybe this is a little run-up leading to the CC....(15-20 days)

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Originally Posted by yoda4x4

GM all.

Let's hope that Limit's assessment comes true because 3.35 would be nice... LOL

David

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to the smart mo fo's that sold on the news AH at 3.15, mazaltoff!

I hope you buy back on the dip this am, may be all there is down wise (maybe)

Sometimes you get lucky when you get up real early in the morning. The MM threw me a little bone in PM this a.m.......EDIT- That's all he took before he dropped it. to 3.17/3.18

Had a few AH yesterday too.......

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Originally Posted by denco1

Sometimes you get lucky when you get up real early in the morning. The MM threw me a little bone in PM this a.m.......EDIT- That's all he took before he dropped it. to 3.17/3.18

Had a few AH yesterday too.......

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VERY, VERY good Denco, congrats on a spectacular trade!!!:thumbup:

32.5 million shares traded in 39 minutes
and only 2-3 cents movement?

What gives? MM's doing this?

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Originally Posted by radejs

VERY, VERY good Denco, congrats on a spectacular trade!!!:thumbup:

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Thanks RAD!!:).....the sun shines on a dogs ass every so often:confused:.........:sunny:

EDIT:BTW... Bought em back at 3.07 and 3.08

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Originally Posted by brian65PLS

32.5 million shares traded in 39 minutes
and only 2-3 cents movement?

What gives? MM's doing this?

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i was wondering the same thing