SIRI had 2 dojis in a row and is working on a 3rd today so far. Something tells me to watch out for a late day run with the dog..
if SIRI can close at 3.79 or higher today it should be off to $4
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SIRI had 2 dojis in a row and is working on a 3rd today so far. Something tells me to watch out for a late day run with the dog..
if SIRI can close at 3.79 or higher today it should be off to $4
The DOG looks to be working on another triangle on the HiLo P&F......would like to see it cut short with the breakout.:popcorn:
Attachment 1063
http://siriusbuzz.com/forum/showthre...1275#post81275
i posted a 3d update in the other forum…. :popcorn:
Looks like DDD may be back on my buy list soon......tks Bass!!
Notoriously late to the party/conservative/hidden agenda/out of touch/douche/ analyst David Banks raises price target to $4
Should we all be worried now or is he still on the low side....:confused:
http://satelliteradioplayground.com/...arget-to-4-00/
Quote:
Given recent results with respect to net subscriber additions, margins and, especially, churn, we continue to have confidence in SIRI’s ability to meet near-term Street expectations, and longer-term EBITDA margin target, ~40%. Considering SIRI bought back more stock than we had expected this quarter, is still below target leverage, and is exploring capital structure alternatives to alleviate restrictive debt covenants, we’d expect to see continued accelerated returns of capital.”
– David Bank, RBC Capital Markets Global Media Ana
Bass, what are you thoughts now that FB has broken $36? How does that change things?
at the bottom of my last update CLR I show a potential trading zone for FB aka "the playground". I see resistance where we are at right now from a gap-down (the purple channel) that occurred on day 2 of FB's trading
Right now I hold 62.5% of my original FB position and may trim another 12.5% around $38ish. I am playing a trade…..timing is everything…..if you are long-term I would wait and see how it reacts to the gap-down channel in my update because volume is picking up today and this thing could push $40 before pulling back significantly. i always like to have the day close and analyze then….i am not a good day trader
http://www.trendystockcharts.com/fb/fb-7262013/
Its really tough because I always thought of FB as a longterm hold but this recent run has turned that hold into a potential trade. I don't want to sell but, at this point, I see very limited upside. I've almost hit the sell button three times now but the stock continues to climb.
The market drives me nuts... why do I do it to myself?
What's wrong with LMCA today? They're holding us back.
Low volume breather on LMCA but one of these should make a move to catch the other at some point. Lets hope LMCA makes the move up. They *usually* end the day close from a % basis. I have noticed that once in a while they hedge 1 against the other on quick moves.........SIRI goes up quick and LMCA drops a bit or vice versa. Intraday BS that usually corrects itself by days end.
So, as of now, our "Record Breaking" earnings call was worth exactly 0
John Tinker, Maxim Group Senior Media
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Thanks Denco, yours is greatly appreciated also, along with all our fellow comrades in arms. Wolfe it is hard to see the silver lining, we need news, imo. I've been contemplating unloading my Sept $4's and holding my $3.50's, thinking :confused:, cut my losses and buy back lower. But my gut says soon as I do, it will turn around and be around $4 by Aug.12th which is my target sell date. That would give whoever buys them a month to make money, and I definitely want to sell into fomo. It does seem they have actively been releasing skit to help us out, but nothing really major, not what people want to know anyway, show us some of the goods, But I feel their not gonna do that til they know fm-6 is safe and sound in orbit, it's got to be the last piece to the puzzle. History says we should nosedive after conference call. I'm not really happy with todays performance, but we are still at the upper range of our highs, and it's a whole lot better than $3, the only way I ever see us hitting $3 again is if FM-6's Proton rocket blows up. $3.50's I can handle, just let me sell first:) This year is shaping up to be almost identical to 2011, which I believe Hillbilly and me sited the similarities earlier this year. Without FM-6 in the air, I see it being totally identical, that's what I'm afraid of, more broken promises. That wouldn't look good. All I can tell anyone is, 2 outa the last four years Siri has risen significantly in August, 2011 not being one of them. We need our launch date....be cautious..... because snitzelman is always wanting another piledriving.
Attachment 1065
Attachment 1066
The thing that strikes me most is the decreasing volume over the last 3 days as SIRI has been drifting lower. It doesn't seem like others are selling - this could be Snitzel Man trying to play games. I would watch for support around the $3.50 area as gap-ups are typically support areas if the dog decides to continue drifting lower for the time being