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Thread: SIRI Daily Thread - Monday 12/17

  1. #11
    Bravo863 is offline
    We obviously had a little short squeeze Friday afternoon. Can you imagine if all 329 million short was forced to cover.

  2. #12
    abcdarin is offline
    Enthusiast
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    Joined: Dec 2012 Posts: 129
    Quote Originally Posted by abcdarin View Post
    Morning Denco!!

    I would love to see us close at $2.95 (at a minimum) just to kick us into hi gear. But that is asking a lot I think but you never know?
    We were held back so long maybe I was being a bit conservative above!!!

  3. #13
    denco1 is offline
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,538
    Quote Originally Posted by abcdarin View Post
    We were held back so long maybe I was being a bit conservative above!!!
    With a little pullback to build momentum we could be off to the races. If this move is going to last a few days and is BIG then hopefully we see 2.80s berfore $3.

  4. #14
    Spencer Osborne is offline
    Quote Originally Posted by Bravo863 View Post
    We obviously had a little short squeeze Friday afternoon. Can you imagine if all 329 million short was forced to cover.
    There is a substantial short interest that is likely tied to the convert bonds.....probably as much as 250 million shares. Converts typically short the equity to lock in a rate. In essence they are then immune to price swings in the stock. They use the convert shares to cover the short position and lock in the delta as well as interest.

  5. #15
    siriusly_invested is offline
    Where did everyone go? I went to breakfast and expected upon my return to hear a chorus of cheers with the observation that we have bounced impressively off of 2.85 and have regained all ground lost since Friday's close. Wow, with 22 Mil vol in the first half hour, it appears to be shaping up as a fun ride today. Hope this momentum stays with us.

  6. #16
    denco1 is offline
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,538
    Quote Originally Posted by siriusly_invested View Post
    Where did everyone go? I went to breakfast and expected upon my return to hear a chorus of cheers with the observation that we have bounced impressively off of 2.85 and have regained all ground lost since Friday's close. Wow, with 22 Mil vol in the first half hour, it appears to be shaping up as a fun ride today. Hope this momentum stays with us.
    Hey SLY-

    The bounce was real promising. Just don't trust the MMs so at this point just waiting for more time to see some trades and volume. I did buy back some of my shares at 2.87. Waiting to see if they try to re test 2.85 or take it down to 2.80 before a test of the highs.

  7. #17
    radejs is offline
    Senior Member
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    Joined: Dec 2012 Posts: 390
    Don't know about the rest of you all, but I am so happy to have found this new board/forum and to be done with the uncertainty of SWP. Too unpredictable and inconsistent for such an important activity. We need a robust server and place to discuss the issues minute to minute. Not being private I gather is an issue to some and we have been offered a private board for a $5 monthly fee. I am curious, does the premium, $20/month service have private forums? This new influx of activity and views on this board is a direct result of the failure of SWP. I and many of us (hundreds) have had our money taken on promises of service that did not materialize. Even if they do with weeks of gap in service they clearly are not to be relied upon. I wonder if we, those fleeced by the "other premium service" can get a special, volume rate for the premium service on this board with a private member only forum for frank discussion of the issues around SXM?

  8. #18
    siriustimes is offline
    While everyone is thrilled with the 9% CRB rulling, am I reading correctly that Sirius will be paying that rate on many of the non music channels also? Seemed liked it said if there was any music at all they would not be excluded.

  9. #19
    slightbuzz is offline
    Junior Member
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    Joined: Dec 2012 Posts: 23
    Where has everyone gone????

  10. #20
    hedymoney is offline

    Swp

    Quote Originally Posted by ralphy1 View Post
    To whom it may concern, SW has a forum up now.
    Thanks for the heads up Ralphy. I'm registered per e-mail but not activated yet. Did you get 2 e-mails stating these both must be done?

  11. Ad Fairy Senior Member
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