SIRI Intraday Updates for the Week of 3/16/09

[john]

Relmor just curious how many times are you going to attempt to play this game today cause you know you'll have your chances to make .03-05 cents here or there even if delayed reaction. Do you have a margin account? You can't trade more than 3 times in a week right without triggering the wash?

It means nothing as long as you dont sell all your shares. As an example say you sell 20,000 of 100,000 then you buy back 20,000 and then sell 20,000 you dont have to sell the same 20,000 you have 80,000 other shares to pick from. The point is while the first 20,000 have not settled the other shares you have are settled.

[john]

Also they will give you that warning all the time it means nothing, just call them they will go over your account and tell you you are fine as long as you do as I just talked about.

[dmo2424]

Citi announced a reverse stock split a bit ago. their stock soared. maybe a combo crack down on short selling with a reverse split is not a bad thing? Citi R/S now, SIRI soon after?

[howzzat]

SIRI will close red today. Hope I am wrong....Long SIRI

[Demian]

Demian did you get back in below .30?

I picked the wrong day to sleep in. My account is still all cash. This was the pullback I was predicting. SIRI will more than likely close red today. Downtrend line still in place. I'm waiting for another retest into the .20's...

Not sure when I will buy......depends on the price action. I'm thinking .25ish.......

[buddylee]

Finally got some cash in my ameritrade account and entered a buy at .375 this morning. About 1 min later the bottom fell out. Do I have great timing or what. Well anyway I'm still lowering my average. Lets hope that doesn't happen more often. I hate to see people with stops in get screwed like that.

[relmor2003]

Back to core position only. Neutral. Waiting. If it hits .30 id buy. Might raise that to .31 cents now. Looks safe there. DDYDD. IMVHO.

[Demian]

This is the only news I can see.......

DJ Sirius: Principal Acct Officer Calderone To Depart In April

. Ê DOW JONES NEWSWIRES
Ê Sirius XM Radio Inc. (SIRI) on Wednesday said Adrienne Calderone, the company's principal accounting officer, will leave the company in early April. Ê Upon Calderone's departure, Chief Financial Officer David Frear will assume her responsibilities on an interim basis, the New York satellite radio operator disclosed in a filing with the Securities and Exchange Commission.
Ê -By David J. Reynolds, Dow Jones Newswires; 202-862-1342; david.reynolds@dowjones.com

[The Church lady]

I bought back in again to SIRI at .25 What a money maker, I'll am set to sell at .394

[Demian]

If you want to be safe, don't buy until the downward trendline is broken to the upside......or on a spike down that bounces hard.