Sirius intraday thread wednesday 07-08-09

[imromo24]

we hit a new low 3 times today in the .30's, is that a sign?

I saw .397, .3957 and now we just dipped to .39 straight up.

[Sirius Roadkill]

How come we don't get credit for posts made to the news stories??


I thought some of my BM bashes were pretty good too . . go take a look at "Debt Issue a Non-Issue" in the archives (sorry john . . didn't mean to open any old wounds)

[candleman]

Now that we have solidly slid below .40, I have changed my opinion. Today is NOT the day to buy!

We may have a few more bargain days ahead of us. Keep your cash handy!

[Sirius Roadkill]

Seems GS has there hand in 50% of all transactions on the NYSE. I know the NASDAQ isnt the NYSE, but that isnt good. I see GS trades places markers on this stock. So we go up when GS wants us too I guess. Someone should call them and find out there schedule on when we go up.

"For Goldman Sachs, personal connections may have led to at least one new M&A client this year. Gene Sykes, 51, co-chairman of the firm’s global mergers group, recommended in 2005 that Liberty Media Corp. chairman John Malone hire Gregory Maffei, 49 to run Liberty, Maffei said in a 2007 interview. Liberty retained Goldman Sachs this year, as well as JPMorgan, to advise on the combination of its Liberty Entertainment Inc. business with DirecTV Group Inc.

Maffei didn’t reply to a call and e-mail seeking comment. Sykes declined to comment."

The Link:

http://www.bloomberg.com/apps/news?p...d=aJkG8nL3PWLQ

[Sirius Roadkill]

haven't seen a whole lot of him since he proclaimed Siri worthless during a Power Lunch segment

http://www.cnbc.com/id/28178651/

[Siriusowner]

Below .40? Sounds like another buying opportunity to me!

Wait.

Below 0.40 is not a buying opportunity just because is below 0.40.

[Siriusowner]

Now that we have solidly slid below .40, I have changed my opinion. Today is NOT the day to buy!

We may have a few more bargain days ahead of us. Keep your cash handy!

Weak support was a .42 and it was easly taken out. I'd be surprised if .40 offers anything suport at all.

Next stop is .35

[candleman]

Wait.

Below 0.40 is not a buying opportunity just because is below 0.40.

Below .40 IS a good buying opportunity. But, .38 is an even better one. We're sliding right now, and I feel like we'll slide some more.

A few years ago, SIRI was trading in the 4.00 range. Everytime that it dropped 10% I bought more, and then sold when it would go up 6%. I made a ton of money on SIRI in those days.

This market can do the same for us. I'm sure it has for some of us.

It just means that sooner or later, you need to buy in. .40, .38, .36..... whenever you get in, the trick will be to get out and take your money and send your kids to college. It has worked for me. I think this is another GREAT opportunity!

[candleman]

And with all of that being said. I'd be less than honest if I didn't tell you that I own many, many, shares that I paid over a dollar for and I'm waiting for it to get way past that again someday.

[Siriusowner]

I would feel much better buying at .37 - .38 than above .40 they way this market is acting and the fact that we are a ways off before the 2Q earnings call.

Wait until it closes the gap. The gap closes at .35. It WILL retest the .35 area and then will either bounce or take it out.

I called the bearish pattern 2 days ago @ 0.46 and said it was going to 0.35

I'd wait until it reaches .37 and re-evaluate.