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Thread: So, if SIRI beats expectations

  1. #1
    SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560

    So, if SIRI beats expectations

    Then what happens? Take a look at Ruby Tuesday's. Negative EPS, but because they beat expectations, the stock shot up to ~$8 today from $3 when they announced. I think that's 167%.

    RT sticks with me as I had a limit order to buy 5000 shares at $3.05 and it closed at $3.10 and it's been all up from there. With negative EPS, I wasn't going to buy when it's green. That one slipped through my fingers.

  2. #2
    relmor2003 is offline
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    how is usually works. If they beat earnings, and i think .01 cent would be considered beating earnings, etrade has the consensus at .02 cents, and ive read .02 elsewhere. Now if they beat revenue, and just meet earnings, that will be also very well received. I think this stock has legs tomorrow, even if they dont beat earnings. I thnk investors are really just looking for an excuse to NOT sell tomorrow, because no one really wants too. But a ton of people may want to buy after what they hear. TA wise its not a good sell here, and long term it definately isnt, in my opinion.

  3. #3
    airman is offline
    I agree, basically if there is no doom and gloom alot more buyers may come in. The question is how fast. There are still a good amount of shorts that might get caught with there pants down.

  4. #4
    Hopeful is offline
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    IMO,

    If sirius beats expectations and we shoot up over a dollar, "dreaming" I know. Mel and Co will dilute the hell out of us to bring us back down.........

    I know I am usually "Hopeful" but I just have a feeling that is going to happen. The moment we succeed Mel and co will beat us back down.......

    Correct me if I am wrong please!

    GL everyone tomorrow,

    Long Sirius!!!!!!!!!!!!
    Last edited by Hopeful; 05-06-2009 at 10:17 PM.

  5. #5
    Dustyoden is offline
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    Joined: Feb 2009 Location: Chicago, IL Posts: 31
    Quote Originally Posted by Hopeful View Post
    IMO,

    If sirius beats expectations and we shoot up over a dollar, "dreaming" I know. They will dilute the hell out of us to bring us back down.........

    I know I am usually "Hopeful" but I just have a feeling that is going to happen. The moment we succeed they will beat us back down.......

    Correct me if I am wrong please!

    GL everyone tomorrow,

    Long Sirius!!!!!!!!!!!!

    Hopeful, who is "they" you refer to when you say "they will dilute the hell out of us?"

    Not following you here.

  6. #6
    Hopeful is offline
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    Mel and co!

  7. #7
    imromo24 is offline
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    If SIRI goes from -.02 to +.02 I would be very HAPPY...

  8. #8
    Whynot is offline
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    Joined: Sep 2008 Location: The Mid-Atlantic Posts: 113

    I bet.....

    We beat rev and earnings, by a small margin, then see 350,000,000 + shares traded and finish the session at .75!

    Long and Strong......and buying all the way!!

    Cheers and here's to a great call tommorrow morning,
    -Whynot

  9. #9
    trippingthespeculatingpos is offline
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    there is still one more reason why i think we could have positive subs but im saving that for in case im right, thats my secret weapon haha :O by the way nobody has brought it up for some strange reason.

  10. #10
    imromo24 is offline
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    did you not think i thought of that already?

  11. Ad Fairy Senior Member
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