I have taken you point of view with shorting much to my financial demise.

I would however, have no problem cashing in on a nice short of GS.

Thanks but no thanks…i dont short stocks..that is just against my grain to try and damage a company just to make $$$.

This will be the first SIRI Conference Call I can remember to be held after hours rather than in the morning. I think there are two possible explanations….. Common wisdom has always been that you reveal good news in the morning, to affect trading, and delay bad news until after hours. That doesn’t seem to fit this time since earnings will be revealed in the morning, revenue and EBITDA guidance is holding up, and slowing sub growth has already been disclosed….. The other, and perhaps more likely explanation is that something significant is scheduled for Monday and SIRI wants to command attention when they make the announcement. Could that be refinancing, particular after the strange timing of the announcement of projections?

I’m clinging to the hope that Mel is setting a trap for shortie. New financing should do the trick.

Great Strategy by the CEO?
The shorties will start thinking tonite!

M.Hartleib thought he was on to a company that a lot of manipulation was going through.

However, we are still be manipulated.

I honestly believe, based on the report that shows highest shorted companies list. Us being number 2. That many expert short traders take advantage of companies that have large negative or no positive earnings.

But in addition. MSFT, has been shorted for years. Why? I have no idea. It has lots of cash etc. Yet it still appears on the list.

Hedge funds and short traders have had a great time of it this year. And without a big upswing in the economy they will continue to rule.

I tried shorting lvlt two days ago when it hit 1.40. Unfortunately I have a 401k. So I need a margin account.

Why not join them for a while. They appear to be making a lot of money.

I really dont have an opinion why we get manipulated. It happens everyday at last few trades.

After Hours Trade Reporting

After Hours
Last: $ .28
After Hours
High: $ .288
After Hours
Volume: 1,816,963
After Hours
Low: $ .26

Buyins.net does a nice job with the naked shorting lists.

Why do we get manipulated?

I actually once thought that someone hated H.Stern, so much, that they made it their lifes ambition to take the company down………..

Think he’s pissed anyone off enough for that to happen?????????

Earlier you recall you told me….

That tells me that their trying to move the SP to over .28 where they will relocate their 250-300K block of shares too.