SIRI Intraday Thread: Friday March 20th / Weekend Edition

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Originally Posted by mannyyunk

I totally agree. Quite frankly I don't see how anyone can form an objective opinion which differs about this stock/company. After the events of this past week, I feel like I am starting to switch to the dark side myself. This stock is such a f-ing joke, and the punchline sucks.

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Dope?? you come into the board brand spanking new with the comment "this stock is such a f-ing joke" and expect not to have someone call you out? are you serious.... As for dope - I have been openly / honestly portraying my opinion about this stock for long enough now most posters here at least understand I have no agenda aside from my concern as a retail siri investor...

Again - if you think SIRI is such a joke - I don't see any logical reason why you'd invest in it - much less spend time on a board called "sirius buzz" which you should already know will have investors serious about the company and seeking objective information from those with the experience to know.

Yet you attack my credibility because I call you out...

Gambler... I'm going to need that tape back....

Some big over 140k blocks selling right now ah

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Originally Posted by Paratrooper_Rick

Dope?? you come into the board brand spanking new with the comment "this stock is such a f-ing joke" and expect not to have someone call you out? are you serious.... As for dope - I have been openly / honestly portraying my opinion about this stock for long enough now most posters here at least understand I have no agenda aside from my concern as a retail siri investor...

Again - if you think SIRI is such a joke - I don't see any logical reason why you'd invest in it - much less spend time on a board called "sirius buzz" which you should already know will have investors serious about the company and seeking objective information from those with the experience to know.

Yet you attack my credibility because I call you out...

Gambler... I'm going to need that tape back....

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Sorry I used it all but I will pray for you

That's it - I'm through wasting time arguing...

Apologies Newman - I am going back to the sidelines

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Originally Posted by Demian

My prediction earlier was for a run to at least .31 intraday and for a close at least over .30.......

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Not a bad prediction!

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Originally Posted by Beach Gambler

Sorry I used it all but I will pray for you

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Don't do it...you will spend all of your profits on fixing your walls!!!!!

John....
After changinginto my Chief Inspector Clouseau costume I called Scottrade. It appears that the "shares received" "shares delivered" entries in my account were after the merger and the name change to "XM". In addition.. i was told " we can use your shares to short, in your original documents when you set up your margin account you give us that authority"... he also said that it would have no effect on my ability to to sell any shares in my account. I had to end the call and didn't get to ask if I can stop my shares from being lent for shorting, but I think it may be a term of margin accounts that can't be changed or i may have to go to a cash account which I don't really want to do. So anyway..thanks for your input, now i can put my straight jacket back on.
koop

Can anyone explain all the 140k plus buys ah, i am new to level 2

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Originally Posted by Demian

I was dead on with my earlier prediction......do I get any credit?

I said SIRI would hit .31 and close over .30 - it did both.

SIRI closed @ .31 on volume of about 77 million shares traded.

I'm glad I bought all my SIRI back and more @ .2733 today.....:)

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good call on the close today. I didn't quite get in early enough to drop my order when we were at the low - or I'd have picked up a few more shares. It's nice to see it climb up past .30 in AH....

Hopefully next week will be a nice consolidation then rise again.

I dont see any ah trades that big.

Sirius XM Radio Inc.
Mar. 20, 2009 Market Close: $ 0.31 Did you know you can trade some stocks after the closing bell rings on Wall Street? Every trading day between 4:00 and 6:30 p.m. ET, traders take advantage of the After-Hours trading session. Learn more about the After-Hours trading session and how you can benefit from it.

After Hours Trade Reporting
Pre-Market Charts | After Hours Charts After Hours
Last: $ .32 After Hours
High: $ .34
After Hours
Volume: 112,046 After Hours
Low: $ .2904

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Originally Posted by stang3O2

I dont see any ah trades that big.

Sirius XM Radio Inc.
Mar. 20, 2009 Market Close: $ 0.31 Did you know you can trade some stocks after the closing bell rings on Wall Street? Every trading day between 4:00 and 6:30 p.m. ET, traders take advantage of the After-Hours trading session. Learn more about the After-Hours trading session and how you can benefit from it.

After Hours Trade Reporting
Pre-Market Charts | After Hours Charts After Hours
Last: $ .32 After Hours
High: $ .34
After Hours
Volume: 112,046 After Hours
Low: $ .2904

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It is on my etrade time of sales screen, shows when and how much for past 20 trades, maybe i am reading it wrong, i tried to copy and paste to no avail

Brandon, thanks for the info. The location and the picture of the guy speaks for itself. I am just p...ed because of getting afraid by that article in the first place. I need to calm down.

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Originally Posted by Brandon Matthews

if you haven't checked out the link above, do so now. THIS IS NOT A JOKE!

This is the address provided by the newsletters website!

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As of 4:09 ET, SIRI was trading @29.99 on AH trading (via AOL's extended hrs quotes).

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Originally Posted by Beach Gambler

It is on my etrade time of sales screen, shows when and how much for past 20 trades, maybe i am reading it wrong, i tried to copy and paste to no avail

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Its probably some trades from normal hours that didnt get closed until after 4:00:00

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Originally Posted by Brandon Matthews

About that article....

Here is the "company's" address.

http://maps.google.com/maps?q=16+Wes...num=1&ct=title

make sure you click on STREET VIEW

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I bet you he lives in that little shack in between the buildings.

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Originally Posted by dmo2424

wow hysterical on that address pic Brandon. How often does googlemaps update those pictures? Otherwise it's a dump and a joke of a company for sure- thanks

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I think there is a car or truck that moves around and takes pics for Google. Not really sure, but my street is on there too (not the one in the above link - lol).

AH market closes at 8PM

Demian......................you post that picture in a chat room and ..............you may get a whole different animal/woman ? than you may have bargained for. You even set the Dog off howling. Frightful. LOL. killer.

Haven't been at my desk all day. Nice to see we closed above .30, although I see it slipping now a bit in AH trading. I think we need to see the general market turn around before we get any serious buying pressure back to SIRI... I'm hoping next week we see another rally like the start of this week!

http://gigaom.com/2009/03/20/sun-set...adio-plays-on/

Sun Sets on Satellite, But Premium Radio Plays On
Raghav 'Rags' Gupta | Friday, March 20, 2009

Martine Rothblatt, founder of the company that became Sirius XM Radio, earlier this week expressed doubts about Sirius in its current incarnation, saying that the “better time for satellite radio was 10 years ago.” While I’ve long argued that Internet radio would surpass satellite radio with the adoption of broadband wireless, and while that is indeed becoming the case, it’s besides the point. Sirius need not be confined to delivering content via satellite.

Albert Cheng, EVP of digital media for Disney-ABC Television Group, noted on a panel discussion on Tuesday that “ABC thinks of itself as a multiplatform entertainment company, with numerous distribution avenues, not simply a traditional broadcaster any longer.” Sirius needs to embrace a similar approach. I view Sirius not so much as a satellite radio service but rather a provider of “premium radio.” The HBO of radio, if you will. That is, its investment into aggregating premium content and programming ostensibly warrants the premium that end users are asked to pay. How that content is packaged and delivered will vary according to the various distribution platforms available to end users.

Sirius is thus no different than HBO, Showtime, ABC or even The New York Times. Granted, the satellites that it’s spent hundreds of millions of dollars to deploy and operate may become obsolete or redundant in the coming years, but an obsolete distribution platform shouldn’t impact whether Sirius can make a business out of aggregating and providing “premium radio.” Of course, whether they can do so, how long it will take and how big of a business it can be all remain to be seen.