Once SIRI breaks .16 with some volume, watch out above - .16 is the critical wall to break.....
http://stockcharts.com/h-sc/ui?s=SIR...d=p89775725136
Once SIRI breaks .16 with some volume, watch out above - .16 is the critical wall to break.....
http://stockcharts.com/h-sc/ui?s=SIR...d=p89775725136
http://www.twice.com/article/CA6643436.html
Sirius Shortages To Find Relief
By Amy Gilroy -- TWICE, 3/11/2009 8:07:00 AM
Hauppauge, N.Y. — Responding to severe shortages on a key Sirius tuner, new Sirius distributor Audiovox said it will improve supplies of the product this month with consistent supplies to follow.
Retailers said the Sirius universal SCC1 tuner that works with many in-car radios has been out of stock since Feb. 1, when Audiovox assumed the role of master distributor for Sirius, replacing DEI Holdings.
Crutchfield and others called the shortages “acute.”
Audiovox said it inherited the shortages. “Basically, when the transfer of inventory took place from the DEI inventory, there wasn’t enough to satisfy demand,” said Audiovox OEM group VP Rick Monpetit. “Orders have been placed, and we expect to have inventory this month, with a consistent flow of inventory following this month,” he added.
Audiovox will also announce new programs in the coming weeks for new customers and said, “There may be a couple of price changes, not necessarily increases. Were looking at all models to see what the market warrants,” said Monpetit.
Audiovox has been the XM key distributor since 2005 and is now master distributor for both Sirius and XM.
Hard to sell a product that you don't have.
Any word on a show tomorrow night?? It's been over a month now....
I agree with Wirestripper. The quarter wasnt good. Period. Their balance sheet improvements are reflecting, but long term growth seems challenged in existing model. So unless I hear their model is changing, and they have new revenue streams,I cant hold a full position on this stock. I may believe Mel, if he says something I like, but it better be very very specific. Other than that, Im holding off, and looking to rebuy lower. If after the CC comes and goes, and a few days after, and this hastn broken .18 cents...
Its not going to be good. And I didnt panic sell after Brandon sold, I sold anytime I think a drop is coming. In fact, first "factual" based transaction Ive had on this stock in a long time. I still think LONG term this stock will do better than .15 cents. Just not today. If I hear something I like tomorrow, Id rather panic buy, than panic sell. Panic buying Im ok with. But Mel has done nothing in the CC since Ive been an owner to make me trust him, or feel he knows what he is doing with the product end of things. He knows how to tank stocks, fake BK, and broker deals, thats been proven.
Demian..taken form nasdaq...what kind of trades are these...early as 5:28 .24 then jumps to 7:38 .16?
07:59 $ .15 101
07:38 $ .17 400
07:38 $ .16 100
05:28 $ .24 100
Those are 100 share blocks that mean absolutely nothing. Manipulators in the very early and very end of extended trading can paint the tape pretty easily. The retail public can't trade during these times during what is known as "pit trading". Free and open market? Free market capitalism? What a joke.....
Thanks again Demian..
it is a lot of BS they way the pit trades and the retail buyers get screwed this way. AGAIN
Another step deeper into darkness, closer to the light....