Page 2 of 4 FirstFirst 1234 LastLast
Results 11 to 20 of 36

Thread: SIRI closed at .116 today...your thoughts?

  1. #11
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    Quote Originally Posted by SteveSirius View Post
    After hours volume is huge.
    Huge is an understatement......


    Sirius XM Radio Inc.
    Dec. 19, 2008 Market Close: $ 0.116

    After Hours Trade Reporting

    After Hours
    Last: $ .1221
    After Hours
    High: $ .13
    After Hours
    Volume: 55,794,074
    After Hours
    Low: $ .111

    After Hours
    Time (ET) After Hours
    Price After Hours
    Share Volume
    16:58 $ .1221 7,091,500
    16:58 $ .1221 7,091,500
    16:58 $ .1221 7,091,500
    16:58 $ .1221 7,091,500
    16:58 $ .1221 7,091,500
    16:58 $ .1221 7,091,500
    16:58 $ .1221 7,091,654

  2. #12
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    Quote Originally Posted by Hughes View Post
    I'm looking at the Options Expiration calendar and it seems they expire today. Since I honestly don't know much about them, how does this affect the stock, if at all?
    SIRI didn't have ANY options expiring today. The only SIRI options that trade are Jan. '09 and Jan. '10 LEAPS.......

    The stock price is priced like an option.......

  3. #13
    SteveSirius is offline
    Enthusiast
    SteveSirius's Avatar
    Joined: Jul 2008 Posts: 136
    I just went to bigcharts.com and it lists SIRI as trading over 55 MILLION shares after hours, as of 5 pm - at 12.8 cents.

    Anyone have any verification of this. The volume seems extreme. Does someone know something we don't know????????

  4. #14
    The Church lady is offline
    Junior Member
    The Church lady's Avatar
    Joined: Dec 2008 Posts: 9
    I think the shorts are getting out of the stock as it is at a bottom. Volume of over 100 million shares at the close and after hours. Almost 200 million share for the day that's means a big change ahead.

  5. #15
    Hughes is offline
    Enthusiast
    Hughes's Avatar
    Joined: Mar 2008 Posts: 168
    I guess we shall see what next week brings.

  6. #16
    winagain35 is offline
    Enthusiast
    winagain35's Avatar
    Joined: Jun 2008 Location: Denver, CO Posts: 190
    One possibility. Remember on Monday the Nasdaq 100 is rebalanced and SIRI is being removed. All the funds and ETFs that track the Nas100 have to sell SIRI and buy the equities that are being added.

  7. #17
    sxminvestor is offline
    winagain - good point.

    I find it amazing that with a bid of .123 ask of .128 that trades keep going off at .116

  8. #18
    winagain35 is offline
    Enthusiast
    winagain35's Avatar
    Joined: Jun 2008 Location: Denver, CO Posts: 190
    Yeah, and I have an open order in for .12
    It's not much, I'm just curious to see if it triggers. I just don't understand how these transactions are going through WELL below the open orders.

  9. #19
    trippingthespeculatingpos is offline
    Guru
    trippingthespeculatingpos's Avatar
    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    Quote Originally Posted by winagain35 View Post
    One possibility. Remember on Monday the Nasdaq 100 is rebalanced and SIRI is being removed. All the funds and ETFs that track the Nas100 have to sell SIRI and buy the equities that are being added.
    good point cause i own lvlt shares and they dropped from .71 to .64 at the last second, i believe they are being removed from the nsdq 100 as well.

  10. #20
    stang3O2 is offline
    Senior Member
    stang3O2's Avatar
    Joined: Nov 2008 Location: Indy/LA/chi/ny Posts: 422
    anyone notice they changed the volume? It went from 146 million to 99 million??? what is going on?

  11. Ad Fairy Senior Member
Page 2 of 4 FirstFirst 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •