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Thread: SIRI Intraday Updates for the Week of 12/22/08

  1. #21
    trippingthespeculatingpos is offline
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    as much as i hate to say it, it could drop some more, i would buy though cause i think when we start going up(most likey when we hear good news about the debt) its not gonna matter if u bought at 8 cents or 12 cents. Now if ur trying to avg down which im sure you are, i would without hesitation buy, but spend half of what your planning on spending and wait to see if it drops more before spending the other half on it. If u believe in this stock why not avg down and increase your potential gain.
    Last edited by trippingthespeculatingpos; 12-22-2008 at 03:20 PM.

  2. #22
    Demian is offline
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    "Just when you think you've lost everything - you find you can lose a little more"

    Bob Dylan

  3. #23
    trippingthespeculatingpos is offline
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    "better start swimming or you'll sink like a stone"

    Bob Dylan

  4. #24
    Demian is offline
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    Where is the bottom for SIRI?

    "The answer my friend is blowing in the wind"

    Bob Dylan

  5. #25
    Demian is offline
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    Who the **** is selling down here? You would think that they would run out of shares to sell down here. Oh, I'm thinking of a free market.....sorry.

  6. #26
    Demian is offline
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    The Nasdaq is down over 3% today. Be glad that SIRI is out of the Nasdaq 100...

    The market is tanking and SIRI is actually up 5% right now. It seems amazing to be at this share price and be up 5% I know, but it's true...

  7. #27
    imromo24 is offline
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    thanks for the responses...im just getting this eery feeling that we are all convinced .11 or even .50 is the range of this stock and suddenly we will be back at $1 plus and be thinking dang, wtf.

    I'm going with the halvesy plan, half now half after debt refi announcement and another half after dilution.

    the nasdaq rule extension is a game changer and was not in my original forecasted scenario regarding when to buy.

    my new scenario includes
    dilution to pay off debt,
    then investors realize BK is not an option,
    and since dilution is baked in making it low price, recalculation of models causes frenzy of increased value with debt removal,
    suddenly siri becomes hot with this and beats sub forecast in Q1, suddenly the watched pot boils over, and im left standing with $250 that could have been 1700 shares but now only buys 250 shares.

    Just my random thoughts... sure will be glad when this stabilizes, phew

  8. #28
    Demian is offline
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    Prediction...

    My prediction for the last 15 minutes.....

    The market attempts a rally into the close and SIRI closes @ .13 or above...

    Consult your own financial advisor...

  9. #29
    trippingthespeculatingpos is offline
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    man siri's chart is looking crazy with all those 13 cent buys going in above the last, this stock is so strange

  10. #30
    Demian is offline
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    Quote Originally Posted by Demian View Post
    My prediction for the last 15 minutes.....

    The market attempts a rally into the close and SIRI closes @ .13 or above...

    Consult your own financial advisor...
    Well, I was right about the attempted rally in the market into the close, but SIRI wasn't along for the ride....I hope you consulted with your own financial advisor.


    SIRI closed up 3.534% @ .1201 on volume of 60.2 million shares traded...

  11. Ad Fairy Senior Member
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