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this is as fun as when it was going "bankrupt". siri drama back again
why does my dry powder get used so quick! getting better though, not buying at tops anymore, just need to learn to sell the tops better.
the mel malone show threw sparkles in my eye so i hurried into this one though i knew a drop "test" was in the chart, thought the game had changed on this liberty buying, it didn't, same game thats been playing out since "the deal" was struck
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Looks like those insiders picked a good time to sell all those shares.
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Not a lot of chatter with the stock getting smashed. Did everyone get out in time?
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I got FAZ on the 11th, with nearly equal money as my SIRI holdings, most my siri shares are free from my 0.38 buy to 0.62 sell to 0.42 rebuy that happened in the span of a week or two, so I'm not worried. Just looking for an exit on FAZ, but posted about that in the other thread... market turn was happening obviously, I don't read any news to trade, but with AAPL weight on Q's, I expected a turn around, and the JPM news (which was on several of my chart sites - so yeah, I did use news once, lol) is what made me buy FAZ for the AAPL dump. I'll look at the charts to see if where to get out of SIRI, I guess, unless you folks think it's time to dump, but I made enough on it either way, not a bad trade.
regret typos, I know jefe no likey
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Im still holding, i see institutions buying, liberty buying and fundamentals improving, if it drops much more i plan to add. Ive gone against my technicals cause I just see a fast run at some point unexpectedly, and im afraid to kick myself, again. Right now im still up from previous trades before going heavy on siri so my timeframe is long.
I could have tripled in liz, doubled in hain, doubled in bac ( doubled after carl icahn bought hain shares it went down first and same with buffet and bac) so, im following malone with his 60mil open market buy and forward contract for 2.15.
Bought more today at 1.86
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filing from liberty showing fight for shares and a moodys upgrade today, not bad