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Thread: SIRI Intraday Tuesday 06-30-09

  1. #11
    imromo24 is offline
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    interpretations for todays action? volume is non existent?

  2. #12
    bdp is offline
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    yep. Following yesterdays trend precisely. May gain a penny by closing. Maybe not. My guess is we hang in the low .40's for some time.

  3. #13
    sxminvestor is offline
    Quote Originally Posted by bdp View Post
    yep. Following yesterdays trend precisely. May gain a penny by closing. Maybe not. My guess is we hang in the low .40's for some time.
    I think we break out over .47 today now that new buyers were able to get in this a.m. Nobody wants to sell their shares below .43

  4. #14
    bdp is offline
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    Quote Originally Posted by sxminvestor View Post
    I think we break out over .47 today now that new buyers were able to get in this a.m. Nobody wants to sell their shares below .43
    There are plenty of shares being sold under .43.

  5. #15
    sxminvestor is offline
    Quote Originally Posted by bdp View Post
    There are plenty of shares being sold under .43.
    Somebody is buying them.

    I think once we get confirmation late in the day that the bird i safely in orbit, the volume picks up and we inch higher.

    .43 is a key hurdle to get over and stay over

  6. #16
    bdp is offline
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    I think Sirius will trade sideways today like the rest of the market. I don't believe any news of the satellite launch will matter much.

  7. #17
    sxminvestor is offline
    Sideways for a few days is fine with me.

    I like anything below .43 to buy more shares anyhow. I sense a breakout higher coming somewhere in the next 2 weeks, maybe sooner.

  8. #18
    Big Ben is offline
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    I am with BDP...lauch will have minimal effect on stock price...unless it falls into the Baltic Sea...then we can see my .38..my new entry point.

    Good luck all,

    Siri should finish down on low volume...not what we are looking for. I am putting in limit orders under .40 but not much.

  9. #19
    SiriMonkey is offline
    Quote Originally Posted by bdp View Post
    I think Sirius will trade sideways today like the rest of the market. I don't believe any news of the satellite launch will matter much.
    That is what I was thinking also. I don't believe the launch will have any
    effect on the price. All the positive news that has come and gone without
    so much as a blink, this will be the same. My opinion.

    Julie

  10. #20
    imromo24 is offline
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    Quote Originally Posted by Big Ben View Post
    I am with BDP...lauch will have minimal effect on stock price...unless it falls into the Baltic Sea...then we can see my .38..my new entry point.

    Good luck all,

    Siri should finish down on low volume...not what we are looking for. I am putting in limit orders under .40 but not much.
    yep.

    Sat launch will have more effect when it gets turned on and works, which is going to be about a month before its in use.

    Judging by the continued pumping of the iphone app...(see yesterdays pics of billboard) my guess is we won't get any conversion numbers until 2Q CC.

  11. Ad Fairy Senior Member
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