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  1. Faulkner_SA is offline
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    10-02-2014, 03:08 PM #21
    Why complain the stock sucks if you are gonna sell at 3.41? Maybe there are a considerable number of people flipping it around buying and selling and doing the same thing...

    Company isn't going to hype the stock and move the price based on news while a buyback is underway. It's just not. And they can find one time charges to keep those earnings in check going forward for awhile. As a trading stock it is probably not even really worth it because it is not particularly volatile or even reasonably predictable.

    Interestingly enough the share price is capable of messing around here for the next FIFTEEN or so trading days without turning down the 50 (much, it will flatline it) or turning down the 100. Takes everything right up to the Q3 call or very close (Columbus day closed markets?) I almost pulled the trigger on a bunch of Jan 3's earlier today but like anyone I get frustrated / concerned on moves like this and won't usually commit. This move today was not something I expected.

    Whole market is on a pullback of about 5%. SIRI typically doubles that, and has run a 10% pull back.

    Time will keep ticking on and people will keep getting frustrated and sell out and be done. Lack of news makes for lack of buyers and lack of buyers makes for lack of movement in the stock which makes for an increase in frustration of holders and an increase in sellers over time. I still think it hits around $4 at some point here and yet again pulls back to the 3.50 area... unless of course it just drags up there super slow.

  2. Faulkner_SA is offline
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    10-02-2014, 03:15 PM #22
    All that said, my opinion is the way to handle things for a long is to just buy in over time... add on a monthly basis at or under the 50 day (have said that for years though). Better to position as LMCA has. It's a longer term thing. Probably will frustrate many out of it along the way. It's difficult to hold when something drags or goes down... even if averaged out over time returns have been considerably above market average. Even harder for some to buy.

    I've been telling everyone who is frustrated just to sell. Much better to not have frustrated people holding the same stocks you are lol Once they are gone it tends to go up :P Be interesting to see retail / institution / LMCA ownership once that data is out. How F'ing stupid that institutions have 6 weeks to report....

  3. Wolf Child is offline
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    10-02-2014, 03:54 PM #23
    ^^ pretty sure you just made my point. the stock sucks.

  4. bdp. is offline
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    10-02-2014, 05:47 PM #24
    Quote Originally Posted by Faulkner_SA View Post
    All that said, my opinion is the way to handle things for a long is to just buy in over time... add on a monthly basis at or under the 50 day....
    Or to make things simple, you can just invest in a better stock.

  5. Faulkner_SA is offline
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    10-02-2014, 06:37 PM #25
    Quote Originally Posted by bdp. View Post
    Or to make things simple, you can just invest in a better stock.

    Exactly! Then nobody has to torture themselves watching the stock every single day and pining over every penny it moves. They can do that with a different stock!

  6. bdp. is offline
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    10-03-2014, 07:31 AM #26
    Once again Matt Harrigan is looking spot on with his price target.

  7. Wolf Child is offline
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    10-03-2014, 10:10 AM #27
    3.35 was a good (lucky) buy.

    gonna lock in my gain and repurchase to participate in what should be a coattail ride higher.

    follow the wave today

    #stillashittystock #provemewrong
    Last edited by Wolf Child; 10-03-2014 at 10:12 AM.

  8. Wolf Child is offline
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    10-03-2014, 10:43 AM #28
    got .02 cheaper because this stock can't hold a gain.

    to be fair, we popped from 3.38 to 3.41 instantly on the open. SIRI fills every cent that that is passed by up or down too quickly.

  9. airman is offline
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    10-04-2014, 05:51 AM #29
    Looks like we could go to 3.28-3.30 now to find a longer term trend line support if we don't hold 3.42. Since we have breached it once already could mean we do test it at 3.28.

    Another possibility to watch out for is a H&S forming from jun july. We could have just formed the head. If we go back up but get stopped at 3.48 and form a left shoulder beware as it is possible indicator of going back to 3.00's .
    Last edited by airman; 10-04-2014 at 06:00 AM.

  10. Wolf Child is offline
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    10-06-2014, 11:46 AM #30
    aaaaaannnnnd....... there goes the 200 day and the 100 day on the weekly



    buying the dip again.

    *sigh*

    We need to see .03eps on the CC
    Last edited by Wolf Child; 10-06-2014 at 11:50 AM.

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