Good Morining All!
Looks like SIRI is still Frisky today. PM high of 3.30 with a B/A of 3.25/3.26 currently.
It looks like we get our 3.26 pint today in the regular session......hopefully GLTA!
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Good Morining All!
Looks like SIRI is still Frisky today. PM high of 3.30 with a B/A of 3.25/3.26 currently.
It looks like we get our 3.26 pint today in the regular session......hopefully GLTA!
I disagree. I believe a lot of selling and profit taking after yesterdays pop. I think we will see 3.15 again before 3.26. I am also concerned about the confirmation of buy backs. Would that not throw a monkey wrench in the works as every effort is made to suppress the sp? We've seen it before...Quote:
Originally Posted by denco1
I think people need to realize siri isn't the volatile beast it used to be. I've always been long, but traded swings at times as well with over-core and now I'm just sitting patiently with my core position.
I'm not confident in myself to pull money I know will appreciate in value over the next year or two out in hopes of making a quick buck on a new venture in the short term. That's just me...
I tip my hat to you guys that are still making money off trading siri on, at most, 7-8% swings back to the low 3's.
Shortie is taking the POUNDING I was waiting for. Yesterdays close was too BULISH to hold the dog down!!
Bought my 3.24s back BIG at 3.26 for ths SQUEEZZEEEE!!!!!
Ahsan's chart.....next resitance 3.35
Attachment 956
SIRI holding strong above $3.30......What happened to all the SIRILOVERS??.....NALGAHIGHSIRI......SWEETTTT!!!!
http://www.youtube.com/watch?v=P3pmwrtlDaY
getting a few chuckles over here in Long and Strong Land -- :)
One of the things that I really liked - and the only thing that I've watched/listened to about Sxm - is that Bloomberg clip.
It's so nice to hear a respected channel speak in real terms about The Dog.
"anyway -- interesting spike to the $3.25 -- I'm reminded of the spring of 2011 -- there was a bit of a fake that came as a surprise to me -- which was my biggest wake up call with SIRI -- got my ass served & it took me the better part of the year to make up the profits that were missed by the run -- still made my money...just took me longer to get there "
Quote:
Originally Posted by denco1
Quote:
Originally Posted by Hillbilly
What's up HB!....good to see you. I agree with your going back to 2011 when they headfaked it down to 1.86ish in PM before they powered it up through $2 eventually up to 2.42 in short order, a couple of weeks, before the retrace from hell that ensued after the retest to 2.44 and the lower high of 2.31 ish. It does feel the same. We may just get the run without the HUGE retrace this time.;)
Anyting staying above $3 to 3.15 would be standard......under $3 would be a bit much.
SIRI and MJNA owners must be traderbating today.
Wasn't it Kenny Rogers with the song "Know when to holdem?".................. I went all out yesterday after riding this roller coaster for 5 years, and even though I left several thousand in profit on the table based on today's price, I feel a tremendous weight off my shoulders. I'm not complaining nor am I looking back. Now, all I want is for some correctional dips in a few other quality stocks in my watch list so I can put my new dry powder back to work.
I thirst for the more stable but gradual growth in my portfolio now, rather than the daily pit in my gut as MMs seem to get their cookies off watching SIRI investors bitch, complain, and gripe about the instability and uncertainty in their baby.
I'm not leaving this neighborhood of friendly and like-minded individuals, so just because I'm rid of SIRI does not mean I plan to go away. Good luck to those of you who continue to ride this train, and those who have hitched on to some of those "green" stocks.
speaking of Ahsan, I'm looking forward to when it hits 30 ;)
Attachment 957
Quote:
Originally Posted by denco1
Long and strong all day long!
Traderbating! Haha!!
JS
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Originally Posted by SiriusBuzz
I'm not leaving this neighborhood of friendly and like-minded individuals, so just because I'm rid of SIRI does not mean I plan to go away. Good luck to those of you who continue to ride this train, and those who have hitched on to some of those "green" stocks.[/QUOTE]
What a different feeling that must be to no longer have Sirius stock after 5 years! Whatever will you do to replace that adrenaline rush of the roller coaster we've been on? ;)
When things get too boring you may buy back. :cool:
Julie
Quote:
Originally Posted by SiriMonkey
Not quite true Julie (adrenaline rush gone) as I picked up 30000 shares of AMD this morning at 2.80, and unloaded it a few minutes ago at 3.25. Now I lay in wait for some dips on picks in my watch list and feel confident I'll experience the same adrenaline rush but without the MM monkey play.
Wow!:money: That's the stuff dreams are made of. Congrats! I was in a position to be able to make the same play but haven't been watching AMD lately and work keeps me buried.Quote:
Originally Posted by siriusly_invested
HB!!! Great to see you here today!! A big thanks to you, glad to here your happy about today. All you insight over the years has a great deal to do with the sweet spot I'm in today. ;-$
Congradulations SLY!!....very nice move. Bigger pop than what SIRI would have brought you, though I ain't complaining about my SIRI holding thats for sure. Great to see you kicking ASS SLY! Talk to you later. :money:.....:cheers:Quote:
Originally Posted by siriusly_invested
So I read all the time that the biggest majority of the short interest is hedging because of the convertible bonds. Yes I know it's a zero sum gain for them since the price goes up they make money on the convertible shares and lose the same on the short shares while collecting the interest. But why would you want to sit in the stock and watch all of those gains in the convertible shares just evaporate ?
What's news STEEL.....good to see you man. Where's STEELTITS....miss her.:whip:Quote:
Originally Posted by steelguy
I've wondered the same myself. Seems that they are not interested in the stock gains and are only interested in the very nice high yield bond proceeds and will protect that sure gain with the hedge. At some point you would think that they would have unwound the hedge and rolled the dice a bit especially since SIRI is KICKINGASS.