Originally Posted by
billhart22
There is a great chance of that. SIRI didn't perform on a large day today. The volume was down.
I believe there is a great chance for .25 tomorrow or on Monday.
That is just my personal belief, but could be wrong.
Here is my thoughts:
After the anticipation of the CC from Mel and then the CC, SIRI rose. It is out of the spotlight now and interest is dwindling. SIRI is an emotional stock...people can jump in and out as quick as a mood swing.
Today, they didn't pay attention with a bravado market. I think SIRI could sink to the low 20's pretty quick unless there is some hope shown.
I could be totally wrong, but that is reality. SIRI had a bitch of a time holding up today. When this stock gets weak, the shorters feed on it. I think unless SIRI comes out of the hole fast and furious tomorrow, gains will be lost.
Let's check it out together...
If it comes out strong, and stays strong, then there will be gains, but they will have to be big gains proportionally to SIRI's past record. I don't know...will have to watch.
I do know, however, if it drops, I will wait until its absolute bottom and then buy.
Bill