When will info regarding share buy backs be released?
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When will info regarding share buy backs be released?
Maybe next C.C. due 1st wk of May.
Didn't we see similar dips surrounding buy backs? (Anyone know? I don't have time right now to research)
Quote Originally Posted by airman
"I would like to think sooner, but 7/21 is my guess. Unfortunately there is a H & S formation that could possibly take us down to 3.04ish too... hope it fails but there is something out there trying to push weak hands out."
Dang I was hoping I would be wrong and the technical weakness would not play out. 3.09 low as I write
Noe that we are here 2.94-2.97 is the next major support.Quote:
Originally Posted by airman
Maybe best then if it just happened now and get it over with. This is grueling...Quote:
Originally Posted by airman
I still feel in my gut that this is all related to Siri buying back shares. There is no obvious technical reason for the decay. Even if the CC is predicted to show a slower growth, the sp should not collapse as much. Head and shoulders, I am not convinced. Maybe if there was extreme technical weakness or being overbought. I suspect that as soon as all the shares are consumed, up goes the sp... Unless of course I am profoundly wrong, which could be the case. Seems like we are also dragging Liberty down with us. Wonder if Malone is concerned or sitting back smoking a fat cigar?
Finally a reason!
"NEW YORK (TheStreet) -- Sirius XM Holdings Inc. is down 4.14% to $3.12 following a report by re/code that Apple's nascent iTunes Radio platform had reached a deal with National Public Radio to stream the channel. "
Seriously? One more reason to believe...
I think there is definite technical reason why ... look at this chart.Quote:
Originally Posted by bdp.
https://www.tradingview.com/e/jx2YP44z/
Also with the large amount of float. The stock can really be pushed at times. Hopefully though SIRI is taking advantage of this and buying those shares. That puts more value back into our shares when we finally get out of the grip of this technical weakness. The fundamentals will eventually pull us out of this pattern.
The chart from March 1st on looks absolutely ridiculous. ALL huge red candles all month except for that one F'n day. What a joke.