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Thread: SIRI Daily Thread 2/26/13 - futures look bleak

  1. #11
    Smiggles is offline
    Junior Member
    Smiggles's Avatar
    Joined: Mar 2009 Posts: 6
    At work and can't listen.......Anything new to note about what Meyer said other than he sounds better than Mel?

  2. #12
    Redcloud is offline
    Any news, can't listen right now?
    Suck Eggs Shorty!!!

  3. #13
    Faulkner_SA is offline
    Nah, not really. Nothing unexpected at least.

  4. #14
    denco1 is offline
    Mentor
    denco1's Avatar
    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,492
    SIRI pierced through my lower trend line and bounced nicely.

    SIRI.jpg

    Which also so happens to be the mid point of the BB ish on the Weekly chart....and or the 18 sma ish on the Weekly

    SIRIW.jpg

    Seems to be nice support in that area based on the last couple of hits. If it breaks through though...looks like the correction could be a bit longer and lower.

  5. #15
    siriusly_invested is offline
    I keep saying I have lost confidence in SIRI............ or at least I don't envision double-digit pops as in the past, and considering the softness in price lately, I'm sighing a sigh of relief to be all out but for a few thousand shares.......... 90% cash for now, waiting for market stability and opportunity to get back in, but probably not as heavy into SIRI.

  6. #16
    SiriusBuzz is offline
    Head Honcho
    SiriusBuzz's Avatar
    Joined: May 2007 Posts: 2,497
    I am 60% out. I owned too many SIRI shares anyway.
    Charles LaRocca
    SiriusBuzz Founder

  7. #17
    siriusly_invested is offline
    Quote Originally Posted by SiriusBuzz View Post
    I am 60% out. I owned too many SIRI shares anyway.
    I hear you Charles. I'm thankful for this little wake up call of late...... It caused me to recognize that SIRI was about 80% of my total portfolio. Thank goodness I've been able to pare down gradually to 15% without too much pain (picked up decent profits from the likes of FSLR, DDD, AMT, SBUX, and others) while SIRI was declining................... And then, ironically I've had to stop out of those money makers in order to salvage my gains. While I'm not eager to shed my cash, I will be looking for new opportunity to pounce on when time is right.

  8. #18
    midas360 is offline
    Senior Member
    midas360's Avatar
    Joined: Dec 2012 Location: Trading Pit Posts: 464
    Here is a replay of the Sirius XM Conference call from this morning for those that missed it.

    http://cc.talkpoint.com/morg007/0225...ity=12_LX0D7D0

    The guys in chat posted the link. You just have to register to listen. Hope this helps.
    Stock Chat Room --->http://us12.chatzy.com/66899682019021 :money:

  9. #19
    SiriusBuzz is offline
    Head Honcho
    SiriusBuzz's Avatar
    Joined: May 2007 Posts: 2,497
    I hear ya. I have more cash than stocks right now. I hate being in cash but I am determined to jump back in on a pullback or, if I'm wrong about a pullback, sniff out an entirely new opportunity.
    Charles LaRocca
    SiriusBuzz Founder

  10. #20
    Bravo863 is offline
    I was able to snag a few this morning at 2.99. Just sold it all at 2.09... I think that we will surely see that 2.91 gap fill. It great to see sirius finally moving again.

  11. Ad Fairy Senior Member
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