Market Watch for the week 8/3/2009

[Dr. Dave]

Wow - then it stops.

Crap was flying across the boards in both directions for an hour straight, then it halts.

Like pennies? I watched a goldman sachs option contract go from $117 to $96 to $194 and we're about to finish the hour. To make it more comical - SIRI, which while is basically is a penny stock, but is correlated to the big boards, reports, and for the last hour, hasn't budged - its the most stable thing out there. What - since they made estimates everyone is so dumbfounded they can't trade it now. It's been locked in a half cent range all morning. It's comedy today.

btw, I logged in pretty late last nite, looked at the viewing stats - this thread out of all had the most guest viewers. we're being watched.

[Dr. Dave]

I mean come on - its been trading between 0.505 and 0.5051 forever.... ok, now we are seeing a big move - 0.5055!!!!!!! Is everyone from the SIRI thread asleep?

[bassmaster]

ASFX is on a runnnnnnnn


just woke up btw, bleh

[GoHerdGreg]

I mean come on - its been trading between 0.505 and 0.5051 forever.... ok, now we are seeing a big move - 0.5055!!!!!!! Is everyone from the SIRI thread asleep?

And now you know why a LOT of people are getting out of SIRI, including me.

It's like watching paint dry. Or, MGLG.

Ray and others...thanks for the PSC enlightenment.

[Dr. Dave]

Wow Bill - thanks - I didn't even notice... I was too busy being mesmerized by SIRI's price action... its really funny and disturbing. Whoa - Siri at 0.505 now, turn it off!

Anyway, i guess I'll look at ASFX could be time to double up today. We'll se later.

[atmgeek1]

Well in my opinion, now would be an excellent time to get into BEHL or MGLG. You might be able to get MGLG at .0006 or BEHL at .07. I think either buy would be a bargain.

Already in miggle for 2.3m shares, avg .001 so I could avg down alittle. I have a limit order in for behl @.065 w/20K shares just to get my feet wet. Starting to watch QASP and SPNG. Oh what to do

[Dr. Dave]

hmm.. not too convinced... any asfx news?

[bassmaster]

Wow Bill - thanks - I didn't even notice... I was too busy being mesmerized by SIRI's price action... its really funny and disturbing. Whoa - Siri at 0.505 now, turn it off!

Anyway, i guess I'll look at ASFX could be time to double up today. We'll se later.

whats the close you need ??

[bassmaster]

btw...GM everybody...i cant believe i slept through the SIRI CC, i guess thats gonna happen when i go to sleep at 5

[bassmaster]

hey bill, u wanted a flipping play, try this , althought not a double, it seems QASP has been going to 18 the past few days, try a sell there, then rebuy at 15. might even get a 14. but just be careful and not whipsaw.