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Thread: SIRI Monthly Thread October 2014

  1. #11
    Wolf Child is offline
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    ps .... crashing through the 200 day

    because of what? because it's a shitty stock. Period.

  2. #12
    BJH is offline
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    Joined: Dec 2013 Posts: 43
    Thinking of playing this dip right here with some of what you sold yesterday at all? 3.33 right now

  3. #13
    Wolf Child is offline
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    tempted just because it is a gain of sorts but I really don't want to be invested in this company any more.

    I have ignored my instincts for a very long time. Big mistake.

  4. #14
    dm_4 is offline
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    Joined: Dec 2012 Location: Boston, Ma Posts: 2,750
    Quote Originally Posted by dm_4 View Post
    Something tells me they would be more interested in buying back at 3.30.
    Looks like today could be a siri buyback day!

  5. #15
    Wolf Child is offline
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    Quote Originally Posted by dm_4 View Post
    Looks like today could be a siri buyback day!
    You nailed it.

    My insticts have always told me to stay out while they are in buyback mode. They looooove 3.25

    Sadly, I will buy this BS dip because it should fill back up to 3.41 at some point.... I will sell then again.

    Just bough back a bunch @ 3.35.... I clearly have a problem
    Last edited by Wolf Child; 10-02-2014 at 10:46 AM.

  6. #16
    dm_4 is offline
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    lol wolf...i clearly have a problem as well as i too am scrambling to free up some money to buy here.

  7. #17
    bdp. is offline
    What is it with Sirius that keeps so many of us hanging on while it consistently proves itself to be long dead and rotting? I am feeling pretty humiliated right now...

  8. #18
    dm_4 is offline
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    i think because we know that even tho they walk it down.....they evenutally walk it back up. Ex....Last march....siri take down from 3.40 level to 3.00 level....then six months later its 3.65. Now they take it from 3.65 to 3.30ish level and in a few weeks prob catch another run up to 3.65 level.

    Unless they release some sort of negative news near cc such as lawsuit damages, etc....then it gets taken down again prob to 320 level....where of course they continue with the buybac spree. I def think today and next couple of days are buyback days. volume was fairly big first hour of trading today.
    Last edited by dm_4; 10-02-2014 at 11:12 AM.

  9. #19
    bdp. is offline
    Quote Originally Posted by dm_4 View Post
    i think because we know that even tho they walk it down.....they evenutally walk it back up. Ex....Last march....siri take down from 3.40 level to 3.00 level....then six months later its 3.65. Now they take it from 3.65 to 3.30ish level and in a few weeks prob catch another run up to 3.65 level.
    Hmmm. The thing that gets me pissed is how they are doing it. For example, they finally came out with their appeal against the turtles ruling, but at the same time, agreed that they, as well as all broadcasters and music providers, "should all be required to pay" for all pre 1972 recordings including the Beatles, Rolling Stones etc... Does that do anything for investor confidence? No! Just tells me that Sirius seems to want to and is going to end up paying a huge settlement. It is yet another example of Sirius shooting themselves in the foot in order to put negative pressure on the stock to help fulfill an agenda. As we all know, the sp rises and falls like clockwork. So in this sense, it is an extremely predictable investment and ideally should be traded and not held. To hold long is turning out to be the absolute worst strategy and has prevented many of us from acquiring substantial gains by placing money elsewhere.

  10. #20
    dm_4 is offline
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    I am going to hold until 4th qrt cc in late feb at that point if stock is doing same ole shit as its been doing.....im selling my entire position and will walk away happily will with a six figure profit. Last march they did the same thing....getting old but the stock took a hit on some bs news. something to do with the 3.68 deal aftermath....this time its the royalty lawsuit, in dec/jan it will be the converts.....etc. Seeing a pattern here?

    Above average volume so far. my guess.....if they are buying back...goes lower tomorrow.
    Last edited by dm_4; 10-02-2014 at 11:54 AM.

  11. Ad Fairy Senior Member
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