I think the shorts temporarily doubled up on their positions yesterday at 2.81 - 80 and then covered at 2.75 -6 to make up for the 5 cents they needed to pay out today. Isn't it great to have such control.
Printable View
Guess this is my new home. No forums, chat, anything at SWP anymore. Hey Guys.
DK
I am thinking, hoping, people were selling (harvesting losses at least) before ex-dividend date and now buying post, to avoid the dividend and its tax consequences. Up a few cents already in first 5 minutes but we know that can be short lived. Interesting times.
This is what it looks like so far. If we hit 2.72 and hold there it will be a bouble bottom.....
Attachment 637
Thanks! I figured it out. I appreciate the re-welcome!
Awesome CD!!..hope others find us as well
@Head Honcho/CLR-
Is there any way we can put this at the bottom of our thread instead of out on the main forum page or both places.......
Attachment 638
Damn, BBs are tighter today, within 13....we are moving soon.....I hope its up:scared:
Attachment 639
@SXMI
They love that 2.73-2.72 don't they??? At least there is good support there (for now). I hope it keeps holding!!!
longer term bearish is yet there - but - there is also the short term bull
kind of scratching my head as to wtf the company is doing -- not knowing, it's really difficult to say...
if we had more of an indication of what's going on, I might would be leaning towards a repeat of last year...but, since we don't really know...
I mean, really, the company's big push for new business appears to be the Edge and Snap on sale.
In all fairness, though, I do recall seeing and internal e-blast to current customers offering the Lynx at a substantial discount for a NEW subscription.
-- not for nothin' but I'm super hard pressed to not think that a better marketing ploy would be to send the Lynx out to current subscribers on their current plan at a discount. That's the folks that are showing the service to their friends.
Note: one of my buddies hasn't taken the jump to Sxm because he's seen me reset my Stiletto & TTR1 multiple times!
Attachment 640Attachment 641
And the games with the bid/ask continue.......they pulled the ask to move the share price up by .01 to then sell into the new bid price, and they have done it already twice today.......
The other thing I have noticed is that the MM's seem to let the share price move up .01 on less buying volume as compared to the heavy selling volume when it drops .01
I have started to update some of my charts as I am feeling a little better today and hope to post a few later today.
:offtopic: Went to the BJM site and just noticed the new tag line
"Timing is Everything! ..and No One Does it Better "....something about that tag line stinks.... :poop:
http://finance.yahoo.com/echarts?s=A...rce=undefined;
If the real reason they are selling AAPL (lock in gains at lower tax rate), then we could have an issue here.
I am also still worried about SAC Capital and Sirius being the largest holding when that crook may get redemptions by year end.
This is very concerning. I saw the same thing and I find it amazing that they create what looks like buying pressure and sell into it and then sell further. Yesterday at 2.80- 1 and this morning at 2.75 PM. There appeared to be multiple very large buys at 2.74 before this last drop to 2.71 bid.
:behead:
I'm not very familiar with the pending Royalties case.
Are we expecting a ruling today?
What % increase would be considered a favorable outcome for SIRI?
Could it be any more confusing? :out:
I just can't compete with "sxminvestor" on the emoticons...