SIRI Intraday Thread: Monday, June 22, 2009

[JohnnyIrishXM]

Here is a great presentation to show HOW the market makers manipulate stock and fail to deliver


www.businessjive.com

Saw it before the dark side of the looking glass and understand it,but it is not new,been around since the early 60's,saw it on 60 minutes years ago about a brokerage that got indicted for it in 1966 i believe and sec siad we will change the rules then,so the MM's just started the DTC and brokers registered as investment houses and cried they need secrecy so traded amongst themselves..it happens,ask Cramer,he tried to expose it and was laughed at..you think that video of him is really that stupid and he never thought it would be seen...

But again,somebody has to buy those short shares for them to short it,so who is not doing their DD and butying them? then selling it back to them cheap to cover,it takes 2 traders to short a stock,profit and loss..shorting is legal but naked shorting is not and has no bussiness in the market..

[imromo24]

I don't care how they keep manipulating it at this point, I just keep accumulating...gonna pick up another thousand shares tomorrow if it stays where its been...

[SIRIUSNEEDTOKNOWINFO]

Sirius XM In Cinncinati: Strange Trades Indeed!

http://satwaves.com/blog/2009/06/22/...trades-indeed/

[imromo24]

its looking closer and closer to another notch on my checklist before selling...

What an amazing week...can we finish good? Here is the ongoing tracker

I have a check
> list for selling....not until the following are met:
1.iphone app released DONE!
2. synergies realized
3. although #2 is synergies synergies is one thing, but having 2 times the
bandwidth WHO-AH!
4. Liberty media...i think we just had 2
mergers in the last year
5. When Mel and company say "We
are profitable"
6. Economy turns around (i think its
happened but ill wait until its announced, and then wait at
least another quarter after that announcement) if you read the post above frm S&P, we can almost call this one done

We view current credit conditions in sharp contrast to just few months ago, when SIRI received critical investment lifeline from Liberty Media

7. Auto industry posts better numbers so close, bk's almost done chrysler starting production again

[JohnnyIrishXM]

its looking closer and closer to another notch on my checklist before selling...

Romo i have 1 on my check list:

1.$2.50 a share,DONE

[bassmaster]

P.S.this has nothing to do with the close or manipulation,


Relmor,do you actually read the post on Satwaves,or are you too busy bitching to notice..every day people chime in about buys and sells..that is a microcosim of the swing traders in this stock..penny stocks do that,they allow small investors in with $500 to $1000

funny you mention that., i just read a post there. the guy said he got 2 tier sells ready for tomorrow

[SiriMonkey]

Romo i have 1 on my check list:

1.$2.50 a share,DONE

Wouldn't that be nice. I'm aiming for $5 a share.
Think I'll be waiting long?

Julie

[JohnnyIrishXM]

funny you mention that., i just read a post there. the guy said he got 2 tier sells ready for tomorrow

Yes bass,that was Para Rick,who used to be here and is the designer of Satwaves site..

[JohnnyIrishXM]

Wouldn't that be nice. I'm aiming for $5 a share.
Think I'll be waiting long?

Julie

Hey Julie,hopefully not too long,but i'll sell some to take a nice profit and depending on the circumstances save some for real long term..

[Hopeful]

Does anyone think .70 - .80 range is very far off or even possible in the next few months? Even if the company does not show a profit in 2Q, which i dont think it will.... Sadly....