SIRI closed @ .145..............bastards.
yep i wonder how long its going to sit around my avg, it's mocking me i swear haha, gotta have patience this isnt going to happen overnight, i heard gs is getting margin calls and they're having to look for loans to make the payment's, looks like they are holding it down till they can secure loans to cover they're short positions haha :O
http://issuu.com/stockpreacher/docs/...17&layout=grey
check it out they have been issuing alerts on siri for awhile now and I finnaly decided to check it out and the only stock they are bullish on is siri, its hard to find they're report on they're site as well.
Forgive my ignorance if this is a dumb question, but what benefit if any would Malone have if Sirius were to eventually file for BK this year?
14 effing cents? Really?
So, before BK, we're 14 effing cents.
After we clear the BK hurdle, we're 14 effing cents.
I'm long, and I need to stop looking. Otherwise I'm going to pull my small investment out and throw it at something even stupider.
sirius xm has had a big shake up and people will continue to sell some take some proffit that got in on dip and then it will start to move.. it will hold the 11-12 level and then run up to that golden .25 level.. were we all get alittle sexier.... im REALLLLLLLLY WORRIED about the s+p and dow hanging on the november lows.. it looks like it wants to go lower and if it does it will drop to 7000 in a heart beat .. and nobody makes money..
I have a short on the DDM tonight and i will be watching the rest of the week hard.. peace to all
The shorts are in no rush and are in this stock to make millions, even if it takes the rest of the year waiting for SIRI to do the reverse split. I do not think this stock will do anything the rest of the year and will wallow around the .20c mark, irritating all the longs.
SIRI still has all the costs, big contracts, serious debt, and the most hated (shortest) stock in the free markets. Even the next CC will not phase the stock because the shorts will keep it down. There may be a few blips up every now and then, but it will be driven right back into the ground. Their ultimate motive is to keep it down forcing the RS.
I read a link a few pages back on the best thing NASDAQ can do is just eliminate the $1.00 minimum listing. And I agree. That would be the only hope we have that would let the stock find its rightful level. Although I still hold 55602@.70 I am not hopeful of recovering my investment. There is a lot of hopeful thinking, wishing and predictions going on but my gut keeps telling me I’m screwed.
I bought more when the merger was announced and took it in the shorts. I bought more when Malone came in and BK was pushed off and took in the shorts. It is a shame shorting a stock is legal.