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Thread: SIRI 1/4/2013 - Another Day, Another Dollar

  1. #11
    radejs is offline
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    Quote Originally Posted by Limit5Bass View Post
    Well, for any that missed yesterday's post, I'm thinking $3.35 could be in the cards near-term. I used a Fib retracement and estimated where I think the run will end. I started by anchoring the Fib retracement at the bottom and then proceeded to raise it up until the 50% Fib retracement line was in between the 2 gap-ups SIRI has had the last couple weeks. Most gap-ups (and gap-downs) fall within the 50% area of a Fib retracement. Based on this theory, $3.35 is my personal short-term target.

    Attachment 700
    I hope it another dollar, then it will be 4 dollar Friday after 3 dollar Thursday. A man's gotta dream!

  2. #12
    Limit5Bass is offline
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    I look for symmetry....look at the left side and how long it took to get to the gap......then add that time to the backside after the second gap and you can get a "general" idea of when the short-term target may be reached. Symmetry and consistency leads to nice gains.

    EDIT: Throw those HO's on the bonewagon, tell them "ROADTRIP" and head on over!
    Quote Originally Posted by denco1 View Post
    I like that theory BassMan...awesome analysis!!......you are the PimpMan

    If we hit your target shorterm I may just need to donate a few HOs to your stable of BEOCHES

  3. #13
    yoda4x4 is offline
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    GM all.

    Let's hope that Limit's assessment comes true because 3.35 would be nice... LOL

    David

  4. #14
    Limit5Bass is offline
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    It took approx. 20 days to get from the fib marker to the first gap-up, add that to the backside and my short-term target is approx 15-20 days. I'm sure certain news events could help "accelerate" those targets though

    EDIT: When is the next CC scheduled for? Maybe this is a little run-up leading to the CC....(15-20 days)
    Quote Originally Posted by yoda4x4 View Post
    GM all.

    Let's hope that Limit's assessment comes true because 3.35 would be nice... LOL

    David
    Last edited by Limit5Bass; 01-04-2013 at 10:40 AM.

  5. #15
    radejs is offline
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    to the smart mo fo's that sold on the news AH at 3.15, mazaltoff!

    I hope you buy back on the dip this am, may be all there is down wise (maybe)

  6. #16
    denco1 is offline
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    Sometimes you get lucky when you get up real early in the morning. The MM threw me a little bone in PM this a.m.......EDIT- That's all he took before he dropped it. to 3.17/3.18

    Had a few AH yesterday too.......

    Lucky.png
    Last edited by denco1; 01-04-2013 at 10:56 AM.

  7. #17
    radejs is offline
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    Quote Originally Posted by denco1 View Post
    Sometimes you get lucky when you get up real early in the morning. The MM threw me a little bone in PM this a.m.......EDIT- That's all he took before he dropped it. to 3.17/3.18

    Had a few AH yesterday too.......

    Lucky.png
    VERY, VERY good Denco, congrats on a spectacular trade!!!

  8. #18
    brian65PLS is offline
    32.5 million shares traded in 39 minutes
    and only 2-3 cents movement?

    What gives? MM's doing this?

  9. #19
    denco1 is offline
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    Quote Originally Posted by radejs View Post
    VERY, VERY good Denco, congrats on a spectacular trade!!!
    Thanks RAD!!.....the sun shines on a dogs ass every so often.........

    EDIT:BTW... Bought em back at 3.07 and 3.08
    Last edited by denco1; 01-04-2013 at 11:10 AM.

  10. #20
    jackweed is offline
    Quote Originally Posted by brian65PLS View Post
    32.5 million shares traded in 39 minutes
    and only 2-3 cents movement?

    What gives? MM's doing this?
    i was wondering the same thing

  11. Ad Fairy Senior Member
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