SIRI Intraday Updates for the Week of 2/23/09

From my understanding, information reported by Maffias can be anywhere from one day old to one year old. Usually, it is information reported for that quarter. (Notice around Feb, you have a lot of activity, then again around may you will have a lot of activity... all of this coincides with quarterly report announcments).

As far as Sirius goes: If they don't announce their CC today (Thursday), then I would expect them to announce Friday morning that they will have their CC on Monday. That is definately pushing it...

the did last years on the 28th

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Originally Posted by Newman

From my understanding, information reported by Maffias can be anywhere from one day old to one year old. Usually, it is information reported for that quarter. (Notice around Feb, you have a lot of activity, then again around may you will have a lot of activity... all of this coincides with quarterly report announcments).

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Thanks, Newman, that was is my interpretation also. I appreciate it.

Why can't this damn stock get any momentum? The market is up today, and SIRI is retreating (as of 10 AM EST).

Does anyone know when 4th quarter 2008 results will be announced? It's almost March for crying out loud. I wouldn't bet on good news at this point. Are we going back to single digits?

It's too bad that maffias doesn't go into more detail about dates and prices purchased, but I guess that would help the little guy too much so "the man" crushes it. Ha.

I'm trying to decide if I should buy today before the CC is announced.... maybe I'll put an order in around .118 and see what happens.

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Originally Posted by SiriuslyLong

Why can't this damn stock get any momentum? The market is up today, and SIRI is retreating (as of 10 AM EST).

Does anyone know when 4th quarter 2008 results will be announced? It's almost March for crying out loud. I wouldn't bet on good news at this point. Are we going back to single digits?

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Are we moving into #8 yet ? or is it going to be after the earnings announcement ?

"There are several stages investors go thru when a stock is tanking.

1st - When the stock starts tanking, they are optimistic and think that it will not breach their avg. price.
2nd - Then when it breaches it, they think the stock is just becoming inexpensive and buy more.
3rd.- Then when it continues tanking, they think that it will rebound and buy more.
4th. -As it continues tanking, they still have faith in the company and buy more shares.
5th.- Then they reach a point where they just can't sell anymore, their losses are so big that they just can't take the losses anymore and start averaging down.
6th.- Then they reach a point of dispair, a point where it does not really matter to them anymore but they still can not take the losses. They continue averaging down.
7th.- The stock continues tanking or reach a point where is going no wehere (like SIRI). They sit on the stock waiting, waiting, waiting...and perhaps averaging down.
8th.- Then, reality sinks in and some of them start selling at a huge loss. Some, stupidily, like me, come back in. Some keep holding.
9th.- Finally there's capitulation where the stock sinks so fast (and the company finally declares BK) that by the time they sell (if they have time), they lost all their investment.
10th.- The end."

siriusowner dont u have some stupid swing trade to make? So now your saying you think siri will go bk? I think you will go bk before siri does.

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Originally Posted by Siriusowner

Are we moving into #8 yet ? or is it going to be after the earnings announcement ?

"There are several stages investors go thru when a stock is tanking.

1st - When the stock starts tanking, they are optimistic and think that it will not breach their avg. price.
2nd - Then when it breaches it, they think the stock is just becoming inexpensive and buy more.
3rd.- Then when it continues tanking, they think that it will rebound and buy more.
4th. -As it continues tanking, they still have faith in the company and buy more shares.
5th.- Then they reach a point where they just can't sell anymore, their losses are so big that they just can't take the losses anymore and start averaging down.
6th.- Then they reach a point of dispair, a point where it does not really matter to them anymore but they still can not take the losses. They continue averaging down.
7th.- The stock continues tanking or reach a point where is going no wehere (like SIRI). They sit on the stock waiting, waiting, waiting...and perhaps averaging down.
8th.- Then, reality sinks in and some of them start selling at a huge loss. Some, stupidily, like me, come back in. Some keep holding.
9th.- Finally there's capitulation where the stock sinks so fast (and the company finally declares BK) that by the time they sell (if they have time), they lost all their investment.
10th.- The end."

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I think I'm still stuck on #4.

Quote:

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Originally Posted by Siriusowner

Are we moving into #8 yet ? or is it going to be after the earnings announcement ?

"There are several stages investors go thru when a stock is tanking.

1st - When the stock starts tanking, they are optimistic and think that it will not breach their avg. price.
2nd - Then when it breaches it, they think the stock is just becoming inexpensive and buy more.
3rd.- Then when it continues tanking, they think that it will rebound and buy more.
4th. -As it continues tanking, they still have faith in the company and buy more shares.
5th.- Then they reach a point where they just can't sell anymore, their losses are so big that they just can't take the losses anymore and start averaging down.
6th.- Then they reach a point of dispair, a point where it does not really matter to them anymore but they still can not take the losses. They continue averaging down.
7th.- The stock continues tanking or reach a point where is going no wehere (like SIRI). They sit on the stock waiting, waiting, waiting...and perhaps averaging down.
8th.- Then, reality sinks in and some of them start selling at a huge loss. Some, stupidily, like me, come back in. Some keep holding.
9th.- Finally there's capitulation where the stock sinks so fast (and the company finally declares BK) that by the time they sell (if they have time), they lost all their investment.
10th.- The end."

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Siriusowner,

You put quotes around this, but you did not cite a source or post a link...

Siriousownwer is a loser and he does not own any siri shares. He needs to just go away and back to his yahoo post hole. IGNORE this moron..actually he is moreoff than moron. He loves to give advice..take mine fool/basher/pessimist/talking head AND GO AWAY.