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Thread: Why is this stock rising so quickly?

  1. #1
    Siriusly is offline
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    Joined: Feb 2009 Posts: 40

    Why is this stock rising so quickly?

    I've been watching the news and without any major news releases or major stock purchases, I've noticed this stock jump way up (relative to where it's been recently). What is the reason for such a big swing? Plans about the company's future have already been released so I'm scratching my head why it spikes like this.

    Any thoughts are appreciated!

  2. #2
    GTSViper is offline
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    One reason and one reason only. This stock is trading at bankrupcy levels and it is not going there any time soon. Iphone app is not hurting either. We may see this stock in the upper .40's within the next 30 days.

  3. #3
    DOG STAR is offline
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    Joined: Mar 2009 Location: kentucky Posts: 23
    .40 cent may be here this week ive got a feeling. anyone else feel that way

  4. #4
    trippingthespeculatingpos is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    heres is my view, with bk on the table the fundamentals went out the window it traded only on the bk factor, now that bk is not a factor we return to pre bk scare prices, which is merger prices, so we should see a dollar before any major pull backs, remember im the one who predicted .30 today

  5. #5
    Quagmire23 is offline
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    Maybe the MM's are allowing it to return to where it should be now that there is no reason to short the crap out of it anymore (w/o major negative news to feed the beast).

  6. #6
    Sirius Roadkill is offline
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    short covering ahead of 3/20 options expirations?
    Last edited by Sirius Roadkill; 03-17-2009 at 02:09 PM.

  7. #7
    relmor2003 is offline
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    MM's losing money trying to contain it. They need to "let it vent" everynow and then. They will contain advances, and it will approach more reasonable market cap evaluations now. Must also mean big money is done buying in, or still acquiring, and they are trying to shake shares out. Any way, its up, and its all good.

  8. #8
    JasonL is offline
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    Joined: Dec 2007 Posts: 107

    Lovin it

    Whatever it is,,, Im loving it...
    Finally, we can start seeing some returns after almost 2 years in the gutter.

  9. #9
    Scumbag54 is offline
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    Joined: Mar 2009 Posts: 2

    Liberty Global Upgraded

    Analysts are starting to love Malone in this market. All of Liberty's
    stocks received a bump today. There is a strong indication that this is why SIRI surged today:

    http://news.moneycentral.msn.com/pro...317&id=9704601

    http://www.reuters.com/article/techn...95327720090317

  10. #10
    relmor2003 is offline
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    Joined: Oct 2008 Posts: 1,937
    Sound off.
    ETRADE does not carry Motely Fool articles. Props to them!!!!
    Yahoo does.
    Ameritrade? Etc...

  11. Ad Fairy Senior Member
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