can we break thru 3.16? i'm tempted to try to unload some at 3.16 in hopes that we see a little drop to pick some more up around 3.10ish.
thanks spencer for the good read on RTRX. sounds like it could have some potential
Sheesh what a battle here at 3.16 3.15. I found a rising wedge pattern on a two month chart, daily. If 3.12 breaks its going down. If 3.17 hits its going up.
My chickens have all been counted and are in one basket for safe keeping!
That means I'm out and betting down. But I'm very concerned. If the rising wedge doesn't break then we get one more move minimum out of it to the 3.20's. Which we should have gotten from the cup and handle breakout so its possible.
I'm playing that the breakout of 3.01 needs tested and with two weeks or more till earnings I'm guessing no surprise news.
I got Feb 7 for conference call and report, correct?
Nothing official from Sirius XM yet. Probably notification within next couple of weeks.
The below was taken from my Scottrade account:
"Sirius XM Radio is Among the Companies in the Cable & Satellite Industry With the Lowest P/E Ratio (SIRI, DTV, DISH)
Tuesday 01/15/2013 11:00 AM ET - Financial News Network Online - News Corner via COMTEX
Below are the three companies in the Cable & Satellite industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Sirius XM Radio (NASDAQ:SIRI) is lowest with a P/E ratio of 5.93. Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio. Over the past year, Sirius XM Radio has traded in a range of $1.78 to $3.19 and is now at $3.15, 77% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.7%"
As far as lurker lockdown, although I think 5 reasonable, anymore I think is unfair. I for one work at a Lowes warehouse during the day and am not able to post as often as I like. Day traders and those that are freely able to be at computer during the day may think it is easy to post. But it looks like I am outnumbered.
I think that options have a play in why we are hovering so far above 3.00 IM not seeing the gap at 2.95, but there is definently one at 2.89. I firmly believe that we will fill that gap at some point.
Liberty has around 50 days ( or so) to get over 50%. Liberty always seems to buy at a discount price, surely they won't buy at the 5 year high. Thats just my 2 cents..
Sirius XM Radio to Announce Full Year and Fourth Quarter 2012 Results
Company to Webcast Earnings Call for Investors and Media
NEW YORK, Jan. 17, 2013 /PRNewswire/ -- Sirius XM Radio (NASDAQ: SIRI) today announced that it plans to release full year and fourth quarter 2012 financial and operating results on Tuesday, February 5, 2013.
SiriusXM will hold a conference call at 8:00 am ET on Tuesday, February 5, 2013 to discuss these results. Investors and the press can listen to the conference call via the company's website, www.siriusxm.com, and on its satellite radio service by tuning to Sirius channel 123 or XM channel 173. The call will also be available on the Sports Play-by-Play channel 962 on SiriusXM Internet Radio as well as through the SiriusXM Internet Radio App for the Apple iPad, iPhone, and iPod touch, and on BlackBerry and Android-powered smartphones.