Page 7 of 37 ... 5678917 ...
Results 61 to 70 of 367
  1. Keysmark is offline
    Enthusiast
    Keysmark's Avatar
    Joined: Dec 2007 Posts: 180
    03-20-2009, 11:07 AM #61
    Quote Originally Posted by bdp View Post

    At the current rate, I would say that we will close around .29 today and open at .27 or less on Monday.
    Please explain how you arrived at those figures.

  2. relmor2003 is offline
    Mentor
    relmor2003's Avatar
    Joined: Oct 2008 Posts: 1,937
    03-20-2009, 11:08 AM #62
    Quote Originally Posted by dmo2424 View Post
    Tayler posted an analyst upgrade in "News" on the front page of SiriusBuzz with short term .50 cent price target and long term $1.25. We'll see if that helps any and may trigger more upgrades as well. Is this Miller Tabak guy reputable?

    Whoever says us longs have thick skin I think is right. I actually in a way feel like my upbringing as a diehard Red Sox fan (long long before they won their world series) has led me to almost expect the negativity and fatalism that comes with SIRI. But like the Red Sox winning (2!) championships, our day with SIRI will come! hopefully not the equivalent of 86 years the sox had to wait

    but good news on the analyst upgrades, no?
    Most people in the market long enough dont even read analyist opinions. They are used more to lead you away from a stock, or justify a price manipulation, than anything useful. .50 cent short term price target is terrible news, if you would think it mattered. Thats only .08 cents off the price we hit a few days ago. Only huge news moves this stock.
    Daytraders might use them for quick jumps, if they feel the analist in question has had an effect on the stock in the past. Downgrades can affect a stock for like a day or so, thats about it. Upgrades same thing. I like to buy spec stocks to all be in a sell position, and the price target being lowered recently as well. This means a long road ahead for the stock, but maximum upside.
    Last edited by relmor2003; 03-20-2009 at 11:11 AM.

  3. jmm232 is offline
    Banned
    jmm232's Avatar
    Joined: Apr 2008 Posts: 206
    03-20-2009, 11:08 AM #63
    Quote Originally Posted by mogami View Post
    Hi, Did you know that with all the new deals on new cars they are actually getting cheaper to buy then many used cars?
    9 million new cars a year is below what is required to replace used cars that go kaput so we will not stay at 9 million auto production for very long.
    Already some analysts are saying we will need 14 million new cars built by end of 2009. Within a few years it will go to 20 million a year. The longer we go with these reduced production and sales numbers the higher the number required when we come out. (whatever we lose in 2009 we will make up later)
    I actually saw something about this on the news yesterday. Crazy. Not sure why anyone in their right mind takes a used car over a new car at the same price

  4. jmm232 is offline
    Banned
    jmm232's Avatar
    Joined: Apr 2008 Posts: 206
    03-20-2009, 11:16 AM #64
    Quote Originally Posted by ShotsII View Post
    THx for the extra info JMM.
    Oh, plus the share price reads out to 4-decimels for SIRI. I'm sure you'll be able to trade to 4Ds also.
    I am certain of it. I have the app and have used it to trade. Good luck

  5. bdp is offline
    Member
    bdp's Avatar
    Joined: Mar 2009 Posts: 65
    03-20-2009, 11:22 AM #65
    Quote Originally Posted by Keysmark View Post
    Please explain how you arrived at those figures.
    I am looking at what may be expected according to the trading historical volatility. I may be wrong, but check out your graphs and this will make sense.There are other cases where this stock had the same downturn. I do believe there is a method here.

  6. Siriusly is offline
    Member
    Siriusly's Avatar
    Joined: Feb 2009 Posts: 40
    03-20-2009, 11:28 AM #66
    Something I find fascinating is how much not-so-obvious data some of these guys like relmor can dig up. Others speculating why a stock moves never holds much value for me but it's always great to hear your thoughts on the numbers.

  7. ShotsII is offline
    Addict
    ShotsII's Avatar
    Joined: Mar 2009 Posts: 611
    03-20-2009, 11:29 AM #67
    Quote Originally Posted by jmm232 View Post
    I am certain of it. I have the app and have used it to trade. Good luck
    JMM, just made my first deposit to TDA. How long does it take for the amount to post so that I can trade with it?

  8. mogami is offline
    Senior Member
    mogami's Avatar
    Joined: Mar 2009 Posts: 422
    03-20-2009, 11:30 AM #68
    When looking at future auto sales the important data is not current production or sales. What is important is
    How many people can afford to buy a car?
    Take the number of people who can afford a new car, divide by number of years people who can afford a new car drive that car before replacing and you have your basic number of cars per year.

    Currently there are more then 175,000,000 Americans with a job. If only .5 have a job that pays enough to buy a new car you have 87,500,000 people who buy new. If they drive the car 10 years you have 8,750,000 people who buy new each year. So what we have today is people with 10 year old cars buying new ones.

    Once people become aware of how cheap new cars are there will not be enough new cars on dealers lots.

    Mathematically it is difficult to project less then 9 million per year and really you can't even justify it being that low. It's not money thats preventing auto sales from going up.

    Auto sales benefit from snowball effect. (neighbor buys a new car, soon whole block has new car) So once it starts increase in sales will be rapid.

  9. Brandon Matthews is offline
    Banned
    Brandon Matthews's Avatar
    Joined: Aug 2008 Location: Northeast Posts: 721
    03-20-2009, 11:39 AM #69
    Back from my tour. Very informative. All I will say, is that I can now sleep at night, go out and play in the sun or snow, and keep accumulating shares....

    Ignore the stock price. Really.

  10. doobz26 is offline
    Enthusiast
    doobz26's Avatar
    Joined: Mar 2008 Location: Michigan Posts: 104
    03-20-2009, 11:39 AM #70
    Mogami,
    I hear you. I don't know when... but auto sales will pick up.. and when they do they will break out of this slump with a vengeance.

Page 7 of 37 ... 5678917 ...