Short holiday week is traditionally bad for stocks.
Can Sirius really take a big hit this week? I sure hope not...:scared:
Printable View
Short holiday week is traditionally bad for stocks.
Can Sirius really take a big hit this week? I sure hope not...:scared:
It still needs to reach 10 cents during regular trading hours (it hit .09 after hours few days ago).
Once it reaches 10 cents, is time to think about either load up or buy call options. Again this is a speculative stock, risks are high so consult your financial advisor and always play with money you can afford to loose.
Gents,
As I have mentioned before, I am not a savvy trader in regards to buy/call scenarios. Can one of you enlighten me on what this means, how it is transacted and any other bits of knowledge you may have.
I manage my own individual stocks through Etrade and have the rest of my funds and 401k through Fidelity.....so I'm not well versed on this buy/call idea which interest me greatly.
Many thanks in advance,
Whynot
HOLLY SHIET WE ARE PARTICIPATING IN THE RALLY!! WE OPENED UP AND ARE GOING UP!!! .165 WITH A PEAK OF .17!! :thumbup:
AND YES IM YELLEING:out:
Check this web site:
http://www.optionseducation.org/
... And not it does not have to reach 10 cents, it may stop at 10.5 and start going up and never come back... as well as it may never go up above 49.5 cents ever again. It may trade in that range for years, who knows ? NO ONE.
But hey, the chances of it reaching 10 cents in the near future are much more higher than reaching 50 cents...
Pivot Table for Today
R2 - R1 - Pivot - S1 - S2
0.17 0.16 0.15 0.14 0.13
WELL OBAMA JUST SUCKS!! he is keeping tax rate the same still wanting to be a futckin socilist.. :out:
are they all to dumb to do
1 eliminate capital gains tax :thumbup:
2 freeze all tax increases
3. cut small buisbess tax rate to 10% and our economy recovers in 6 months.. but the foickin morons that elected all these dems are gonna screw the economy more than bush and barney frank ever :annoyed:did
Well, we found one thing that we agree on - Just because you "need" it to go to 10 cents doesn't mean that it will. I can agree with that....
Before you stated that "it" (SIRI stock) "needs" to go to 10 cents and stated that it went to .09 in AH as your reasoning, but now you say that it is YOU that "needs" it to go to 10 cents.
Let me remind people that just because a single trade in the wild west of AH crossed at .09, it means absolutely NOTHING.
Let me also remind people that just because Siriusowner "needs" it to got to 10 cents, doesn't mean that it will. Siriusowner's "needs" have absolutely NOTHING to do with the share price.....
gwbush and team have pushed 7.4 trillion into all areas of the economy, trying to salvage the american system, way of life and dream..
I also think its more likely to reach 0.10 prior to reaching even .20 boy I never expected to see these prices.
half of all banks may be heading for failure currently. based on a report i read today..
Let me also remind people that just because Siriusowner "needs" it to got to 10 cents, doesn't mean that it will. Siriusowner's "needs" have absolutely NOTHING to do with the share price.....[/QUOTE]
My needs or your wishes are irrelevant... People need to be doing their own research and not base their stock pickings based on your, my or even an analyst recommendation.
However, so far I have been right in regards the price direction. If Sirius Hope had bought around .30 like he wanted to, he would have lost 50% of his investment so far. If all the other guys that wanted to load up @ .25 had done so, they would be loosing money... Even the ones that wanted to buy @.20 would be loosing money.
The beauty of this is that I do not have to convince you or anybody of my point of view. And as I have been saying, everyone is an adult and responsible for his own decisions no matter how dumb they may get.
Plus the fact remains that this stock is a loser and the numbers speak for themselves.
For the 1st time since I can remember, the last trade at the close was UP BIG.
Right at the close two trades went by, both at $.16 for 1,818,500 shares.
It had been trading at around $.148
WTF AFTER HR TRADE AT .21? WHAT WAS THAT!! :confused:
http://www.fool.com/investing/genera...-xm-radio.aspx
Can Apple Save Sirius XM Radio?
By Rick Aristotle Munarriz November 24
High on the wish list of Sirius XM Radio (Nasdaq: SIRI) subscribers -- and no doubt battered shareholders -- is an iPhone app. With its fast-growing wireless subscriber base, Apple's (Nasdaq: AAPL) revolutionary smartphone is a natural platform.
With shares closing at an all-time low of $0.14 last week and Sirius XM slashing subscriber targets in recent weeks, an iPhone tie-in would be just the ticket in generating buzz for Sirius XM's scarred investors as well as a great customer retention tool.
I'm not building the hype to tease you. At least one company is working on an iTunes App that will let iPhone owners -- and Wi-Fi-tethered iPod touch jockeys -- stream their active satellite radio subscriptions through their portable devices. Surprisingly, that company isn't Sirius XM.
Don't be a Playr hater
StarPlayr is no stranger to riding Sirius XM's coattails. The company already offers a more advanced streaming alternative for PC and Mac users over the in-house Sirius XM solution.
There is no firm release date for StarPlayr's iPhone application, but the developer's product list has appetizing screenshots with cool features including album artwork, song lyrics, and the monetization gems of ad serving and the ability to purchase the current track through iTunes.
Why is a third party developer beating Sirius XM to the punch? It's a fair question. Maybe the radio giant doesn't want to devote too many of its resources toward developing platforms beyond its receivers. XM and Sirius have been providing Web streaming of its networks for a few years now. Access is included at no additional cost to existing subscribers, though the company also sells stand-alone streaming plans. Sirius XM has never bragged about its Web-only subscriber counts during its conference calls, so it's safe to assume that it's a limited audience. There is too much competition in cyberspace, with the pervasiveness of free Internet radio making it difficult to justify aggressively marketing a premium Web product.
It's a near-sighted approach. Sirius XM should take a page out of the Netflix (Nasdaq: NFLX) playbook. Seriously.
Nothing but Netflix
Netflix launched a PC-based streaming service in January of 2007. It isn't a profit center. Netflix doesn't charge members for access. There is no advertising on the streams. If anything, it's actually a loss leader, since Netflix still has to foot the bandwidth tab and pay participating studios their royalties.
So what's in it for Netflix? Member loyalty, as measured by the company's low churn rate, is solid. The on-demand streams at no additional cost also help Netflix stand apart from its media-serving rivals.
Like Netflix, Sirius XM also leans on a Web streaming service to keep customers close and happy. However, Netflix has been raising the stakes this year by reaching out to Blu-ray player makers, set-top box manufacturers, and even Xbox 360 and TiVo (Nasdaq: TIVO) owners. Making it more convenient for subscribers to consume celluloid on their own terms is the biggest secret to Netflix's success.
In short, SiriusXM should be all over this, even if StarPlayr has to do the grunt work.
So much to gain and even more to lose
The iPhone is huge. Market research firm Nielsen pegs the active iPhone user base at 3.6 million as of October, and growing. That may seem like a small audience for a platform like satrad with 18.9 million current subscribers, but let's dig a little deeper into the iPhone audience.
Nielsen estimates that 98% of iPhone users take advantage of the smartphone's Web connectivity and that 70% consume music through their phones. Millions of influential iPhone users are streaming music on their devices. Some of the top apps include:
Pandora's music discovery streams.
CBS' (NYSE: CBS) Last.fm Web radio.
Time Warner's (NYSE: TWX) AOL Music.
Sirius XM can't afford to ignore this audience. Even with a superior product, it's hard to compete against free apps pitching free music.
There is Internet buzz building over StarPlayr's iPhone client hitting Apple's store later this week. Whether or not a Thanksgiving release is accurate, Sirius XM needs to make sure that it's actively finding a way to reach this growing audience.
Oh, and let it do it the right way. Sirius XM has offered streamlined programming plans through conventional handsets and even Research In Motion's (Nasdaq: RIMM) BlackBerry earlier this year. The flaw in all of these seldom-discussed deals is that wireless phone users may have no problem buying costly ringtones but music subscriptions have historically been a harder sell.
Sirius XM needs to approach the iPhone as a way to retain its existing subscribers, just like Netflix with its home-theater digital delivery invasion. The market also wouldn't mind if Sirius XM was paddling new revenue streams like online advertising and digital media sales.
With the stock at $0.14 a share and the company only looking to add 200,000 net new subs this quarter, it's worth a shot. What does it have to lose that it hasn't lost already?
Are you still saying that "this stock is a loser"? That would be incorrect. Well, you are correct in that "the numbers speak for themselves." SIRI is up over 14% today. SIRI is not a loser today.
Just because a stock has been a loser in the past, doesn't mean it will be a loser now or in the future.
Past performance is not indicative of future performance and you "needing" it to go to 10 cents didn't make it go there today....
I just need it to get to $.30 cents so i can get the hell out.