SIRI Intraday Updates for the Week of 3/16/09

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Originally Posted by Gallep

If I had the money, that's exactly what I'd be doing right now.

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Gallep - "if I had the money" ... I hear you, have been squirreling off what I can. Got lucky earlier and added in another 1200 @.38 - With the Etrade issue with only 2 decimal points, it finally triggered when it got to .3801 - Now @ 7200 with about a .16 avg. and am holding long.

I cannot say how much appreciation I have for everyone here - The insight and experience for the newbies like myself ...

Have been watching the http://www.level2stockquotes.com/level-ii-quotes.html that has been mentioned here, if I could ask a rookie question - What is the difference between the aggregate and non -aggregate?

And one more ... what are the color distinctions?

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Originally Posted by SiriusXM - Jason

Let me preface this by saying that I am not a technical guy.
Is anyone else concerned that we have run up too far too quick? Looking at a 2/3 month chart it just seems like we could very easily go back into the mid .20's. Also, the intraday chart looks pretty weak as well, we popped at the opening and have fizzed out throughout the day.

I'm bullish long term, so please don't bash me...just looking for a sensible reason why this is different than the many "hiccups" I've seen in the past.

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I can only give you an opinion. So here mine goes.

The Stock is trading so low to begin with on debt resolution fears.Which led to BK fears. The Debt in question now has now been resolved(moved till later where it is manageable) and the SP was very very undervalued. Right now it is still very undervalued in my opinion and will not have many large retraces until it gets closer to a fair value. Sentiment is slowly changing to BELIEVE that it is undervalued with less fear that it will stay longer term at these levels or lower.This is the key. So it will be harder to suppress that upward movement.

Certainly we are going to have days like this.(it is actually a good day just with a stall) And as we go higher we may have some days with larger retraces.
A note of today. The longer it trades sideways the more support that forms below it. In my opinion that reduces the risk of it falling back. Doesn't mean it won't though.

My .02 that probably only worth .005

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Originally Posted by Sirius_Long_Hauler

That was the longest meeting ever, just got back. I see nothing much has changed, still hovering around the .39 mark... question is, should I load up more at the .38 level?

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I did...Just got back from a luncheon..Placed an order for 6622 @ .3805 and it filled at 2:13pm... I know, an odd number, because that was ALL I have left in my account!!

Jump in Long Hauler, the water's great!:D

doesnt look red to me demian :o

That was bullshit.

closed at .3748 not shabby

I didn't pull the trigger, mainly because I would have to sell my LVS shares first to free up some funds and I didn't think I had enough time for both a sell and a buy. I really wish I had AH trading abilities!!!

But my goodness, those shares sitting at .3730 sure look tempting. Hope it stays around this level until tomorrow, maybe I'll jump in then.

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Originally Posted by SiriusHope

closed at .3748 not shabby

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Too many weak hands. Not enough late day buys, why I questioned the DOW's breakout effect on Sirius. People may have turned their attention elsewhere today. MM's were pulling some major bs today. We earned a clear of .40 cents if not for one MM for hours. After that, impatience sets in, and people take gains.

Well.....The last 3 minutes let me grab the .37 shares I have been waiting for all day. Anyone notice the 1 plus million block at .36 that disappeared in about 2 seconds once they had the .37 shares pretty much taken out?

Latest update in the "learning from my mistakes" Saga :o

Last Friday I was in for 19000 shares at $.59/share.
Sold it all for .1995.

Currently in for 11,660 shares @ $.32/share... Ugghhh.... Back to the grind.