Morning everyone! I came across this article last night that I found very interesting. If you have time, read it.
http://www.bloomberg.com/news/2013-0...ifth-year.html
Happy Trading!
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Morning everyone! I came across this article last night that I found very interesting. If you have time, read it.
http://www.bloomberg.com/news/2013-0...ifth-year.html
Happy Trading!
Futures are +44. It appears to be a green open.
I just read that Maffei will be talking before the open with a strong possibility that he may talk about SIRI. Anyone have a link?
David
It's over. He spoke at 7:50 a.m. EST. I did not catch it but here is the link. They will post replay at some point.
http://ir.libertymedia.com/
Dow breaks through all-time closing high
http://www.usatoday.com/story/money/...y-3-5/1963995/
good am all. I wish someone could create a chart that would indicate price movement of a stock days before it actually happened. That way we all would have loaded in on siri at 2.97 and made a fortune at 3.22 in about six days. :thumbup:
You punks. Read my articles. Been screaming to buy the 50 day MA since 6 months ago at least :P
For what it is worth, SIRI is bouncing the 50 SMA on the 15 minute chart in this uptrend. Appreciation rate 0.4 cents per hour. Keep an eye on that line.
This is controlled, orderly appreciation. Today and yesterday it has followed the 20 SMA on the 15 chart. I'm looking to let out some when this lets off steam but don't see that yet. It'll fight $3.25 today I think at some point but I don't see it breaking it today (at least not in an orderly fashion).
Light volume today unless it comes in late.
getting closer to average now...see what this last hour can bring in.
Well, we have a SIRI MACD cross. If you go back the last 2 years and probably further but I did not check it, every time the MACD has crossed to positive we have either had a nice move up or have moved sideways followed by a nice move up. We have already had a nice move up but the cross just happened today, was kissing yesterday. Maybe a slight pullback but should bode well for the SP over the next few weeks if history repeats itself.
Attachment 906
Denco, I forgot who initially pointed this out (maybe Lipemon from many moons ago), but particularly in this stock it seems the Slow Stochastics Oscillator is a very reliable tool, and when used in conjunction with MACD can present a very telling case. After many months of noting that relationship, I predict that your conclusion is most probable in that the SIRI sp will continue up rather than down in the near horizon as indicated by the supporting Slo Sochastics Oscillator (sorry, but no image available to demonstrate)......... Anyone interested to see this evidence can pull up the Stockcharts chart and plug in the slo sto osc in the appropriate option space.
$3.25 AH's, tomorrow could be the day we break new highs? Anybody who can post Slo-Sto with MACD as Sly suggest, please do.
Edit: Nevermind
Attachment 907
Thanks for the chart, Denco
Get ready to load up the next couple days......http://www.trendystockcharts.com/siri/siri-342013/
[/QUOTE=dm_4;79470]good am all. I wish someone could create a chart that would indicate price movement of a stock days before it actually happened. That way we all would have loaded in on siri at 2.97 and made a fortune at 3.22 in about six days. :thumbup:[/QUOTE]
To buy, or not to buy? Them May 2013, $2.50 calls,@ .75 are looking mighty tasty AH's.
It's either that, or try to pick up some cheap mjna while it's cheap, Siri's less risky tho. You can't beat $3.25 cost basis on Siri at present time with 2 1/2 months to go plus CC, It's got to go up 2 cent to break even, plus make a profit, with even more upside profit potential, it seems like a no-brainer.
I'm thinking $3.20 is fixing to be the new floor, and $3.30 within the next 2 weeks.
Edit: can't buy calls AH's, got my orders in for .75 limit
Nice charts Bass, and analysis. Thanks
I'm thinking of a short term flip on some calls, Them I bought the other day are kicking AZZizzle!!!
Fuch $3.25, Let's move on!!!
$3.20's are gonna be like the $2.40's, imo
Shall history repeat it's self?
Attachment 908
Bass...thanks for the link! Need to take alittle off the table! Sounds like the next couple days might be a good time to do just that!
WOW...It's a great time to be a dog lover!
BTW Mr Faulkner...you have been nailing it! Thanks for the articles!
JS
kinda interesting.....if my math is semi correct. Since jan of 09 til jan '13, it has taken approximately on average 16.5 months for siri to gain 1.00 in share price from its previous price. jan '09 to apr '10 it went from .10 to 1.10. from apr '10 to may '11 went from 1.10 to 2.22. from May '11 to jan '13 went from 2.22 to 3.22. Kinda interesting again is if you just look from where we were in late june of '12 til jan '13, thats a gain of 1.35 in about 7 months. we are def appreciating at a much faster clip now more than we ever have.