Jesus guys... This is so pathetic. It's 1:30PM and we only have 2 pages... (Ok, 3 with this post... ) what is going on here???
Rick and BM come back!!!
Jesus guys... This is so pathetic. It's 1:30PM and we only have 2 pages... (Ok, 3 with this post... ) what is going on here???
Rick and BM come back!!!
The short squeeze web site gives a 2.3 short cover time frame. With the current lackluster volumn days. it's more like 8.7. The bond holders using these shorts to cover their loans has dampened interest in this stock. I agree with relmar, a good to neutral CC will make this price rise. Keep an eye in the next Short report and Monthly Auto sales.
A reduction in shorts is partially MM manipulation, and part Hedging. The MM manipulation for this Short reporting period has run dry! The short number will remain high, as a Bond holder hedged insurance of bad 1Q. But, the MM's will send a headfake to purchase via decreasing their Short positions. An announced decrease in Shorts will drive the price higher, and the cycle will start again.
The Auto sales will be flat for another 4-5 months. But as Sub numbers rise, as reflected in AUTO SALES, the number of Shorts will also drop. This drop will not be part of the MM play, it will be reflective of the Bond holder's belief in the Business Plan's success with increased Subs!
My genitals feel short squeezed, why not Sirius?
[QUOTE=trippingthespeculatingpos;28976]yeah greg it really is a game of patience right now, whcihc is hard when other stocks ur watching are finnaly starting to pop. any1 noticing the buzz is really really slow today, whats going on there?[/QUOTE
That is true, but don't you "warm it up" Tripp!!!! You do have the ability!!!
i mean slow like web speed wise, but it seems better now
looks like we closed at .35
someone bought a nice chunk at the .35 right at close
Absolutely dead in here today.
This just posted on E-Trade
S&P raises Siruis XM rating to 'CCC+' from 'CCC'
Marketwatch