Good deal... :D
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Lithium24,
You know, I've been a full time active trader for about 8 years now and I should have known that. Guess it just never came up so I never thought about it. I mostly place market orders, just works for me.
Please be very careful with market orders on SIRI, they can slide down alot (we have seen as much as 15 cent slides in March in seconds)
No worries Dave, I'm one of the few folks left that holds shares of sirius from 6.53 down. Many, many shares, and I've never traded with a market order that I wasn't comfortable with having enough available shares to stay in the current range.
By the time they enforce the up-tick rule I may be two years in the grave~!
Yes - I'll jump in here - market orders with SIRI are a good way to slit your own wrists.....
Do limits if at all possible - unless you are comfortable letting the MM's determine your entry. I only made the mistake of doing a market order on SIRI once -... never again....
Also - Stops and trailing stops are extremely dangerous - for the obvious reason the MM's see where the stops are and will wipe you out in a heartbeat. Keep that in mind.
Paratrooper Rick....................... did you see Drug and OTHM today ???
That's odd. Seriously, I've never had any trouble buying siri with a market order. Now I wouldn't do that with a smaller cap stock, that's how you can really get screwed.
But without sounding like I'm bragging, and please just take it as information, my last buy was 300,000 at .07. It was a huge gamble as it was Feb. 12 and it wasn't certain that they would avoid bankruptcy. But I had so much money in this stock from the past four years and my cost basis was 3.09 and I didn't see sirius coming back to there anytime soon if ever. Anyway, point is it was a market order, came in several chunks but none out of range. Not to say you couldn't get screwed, that's always a chance you take. But you also take the chance of getting your order filled, especially if it's large if you do a limit. Frankly, I probably would have missed out that day had a given it that much thought. As it is, that .07 buy lowered my cost basis to .60
Just checked the website - I can referr friends/associates online directly in my TDA account - so anyone you know - including myself - that has a TDA account can get a bonus for the referral....
Let me dig on the details a bit more and I'll post them....
Not yet - but I have some powder now and they are both on my list to check out... I'm having so much of an easier time with my new account I should be able to really do some trading
I made 400 dollars today on one of my simpler trades.... and its just the tip of the iceburg....
Rick, sorry, I also meant to say I never use stops.
and of course my disclaimer.....
I am not a professional stock adviser, but I did stay at a Holiday Inn last night!:p
The new Mazda3 has no rhinestones or sparklecats, but the top-of-the line S Grand Touring comes loaded with automatic headlights, rain sensing wipers, bi-xenon headlamps, Adaptive Front Lighting (AFS), Dual zone climate control, heated seats, heated mirrors with integrated turn signals, Bluetooth everything, Ford-like interior lighting, leather, full-color navigation, Sirius satellite radio, 8-way power drivers seat and a blasting Bose Centerpoint sound system. These are typically features reserved for high-end Cadillacs and Lexi, right? Never on a sub-compact and surely not on a Mazda. These are the folks that have brought us the near-naked MX-5 through all these years — and it has stayed simple and beautiful. Has Mazda gone soft?
Rick,
What do you think for the close? It looks like we'll have a weak one, and if we get another buyer towards the end we may close green, hopefully. I think some of us were hoping for a bit more today, but it looks like we'll stay rangebound without news.:(
sent an email to TDA account services. I'm trying to get them to send me a referral code - so you can just take the code and use it to apply for your initial account. The TDA promotion page is not loading - so I went straight to them.
I'll fill you all in - probably just start another thread outside the intraday to cut down on clutter (so Newman doesn't kill me)
we're swinging around too much to have a definitive call on close. I'd say a range between .355 and .365... but EOD - shorts don't like to sit over the weekend - anything can happen.... I'd look back over the last month and average out the rise over each fridays close...
Hey Sheree, how you doing? I was at a similar position, cost basis at 1.52 and almost ready to give up, but I took the risk and to be honest against my husbands advice and thanks to the support of the memners of this board.
Now I have a cost basis of .55 and feel very comfortable.
Hi Choirgirl! I actually waited to tell my husband until a about a week ago. In all honesty, I very much expected siri to be back to .60 or over by now and I had planned to surprise him with the news. I think the current price is ridicules now that bankruptcy is off the table. As it is though, he was very happy with the move.
Glad to know someone else is still holding shares over $1. Comfortable is a good place to be, good for you!
NITE just came out of nowhere. Bastards. Trying to keep the close under .37.