hey jon,
how long is our dime bet good for? that is to say . . . how long does Relmor have to execute his $0.38 and $0.39 buyback targets before the wager is concluded and you pay me my dime?
This is just my opinion.
People need to enjoy this run-up, but be grounded in a few things:
1. There is no real news driving this run-up.
2. There is typically a run like this prior to the call.
3. The call will be a mixed bag, and there is typically a retracement.
4. Solid moves on volume cofirmed by solid moves on volume show strength.
5. Watch to see if the equity can hold the move in the afternnon, and through the conf. call.
Good luck everyone, but watch things closely
Tyler Savery
Satellite Standard Founder
I am not sure this is going to be the case this time. It is just a feeling, but better than expected or significant guidance news may happen. There is just way more positive momentum than 3 mos ago. Mel didn't have much to out weigh the sub loss last time. This time is different. And no one really knows how the iphone app subs will offset the expected sub losses. Not to mention the used car campaign. What if subs actually come in flat? Would that be a victory?
the mm's are saying "get em while they're hot, siri shares going fast at .56, you already saw we hit .60 today, nows your chance to get in before the big run up"
of course im not indicating to buy because of the big runup, just saying i see them holding the price at .56, 100 shares, 400 shares, 100 shares
good morning california, rub the sleep out of your eyes and buy some siri, lets go!
looks like mm's got volume back at .55ish to start the next run
they got me a little scared, but read a few posts above, i said don't be scared its going to run up, probably close at .62 imo, up to .63 AH and settle, hopefully we break the wall at .60, but we will hit .60 again today
stunes, the chart for may 6th says it ran up all day finishing 3 or 4 cents over the open, 6 cents over the previous close, why do you think it went down? It didn't go down until the CC on may 7th.
open was .50, low was .49, high was .53, close was .52, previous day close was .47 on 5-6-9
sorry stunes, i see you were describing the day of the CC, yes it actually went up 2 cents after open then down 15 cents and back up 3 to close at .43 (from the first 10 minute high of .55)
Just my opinion, but I think there are more pps averages getting hit so folks are getting out of their position even or at a small loss. I think the rest is profit taking from the last couple of days.
As I am typing it seems the MMs are pulling it down for a buy in opportunity. This didn't happen last time. Did it?