I'd like an UPSIDE day! LOL
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Man, not looking too hot... we took out yesterday's low, and are below 0.57. Perhaps xmas sales aren't too hot or something... the $RUT climbed past where I last posted chart.
If it does continue to tank - eventually, it'll hit the 200 sma - a lot of folks use that too.
I may be sticking to my guns here, and pull one of my trades... I have SIRI in 2 accounts. Keeping the calls though, lol!
I'll wait until EOD though to make a decision.
Geez, 0.535 here we come, lol.
Let's hope the powerhour brings us back up over 0.57
My Christmas wish is that this stock sinks below $0.42 and stays there until the last of Mel Karmazin's options expire worthless . . . oh, I know don-Socal, the Board of Director's will simply issue Mel some new shares at say, $0.17 . . . as a reward for the great job he is doing enhancing shareholder value . .
and don't even start up with me today "muscle from Brooklyn" . . . I am in no mood ... Mel sucks and you know it you apologist!
Please Mel, take the NBC-Comcast job already . . . or take this company private and put shareholders out of their misery . . . it's what you have wanted all along anyway!
Well Dave . . . here we go again . . . $0.5725 . . . we got our wish . . . now what in the hell do we do with it - lol - this is torturous (and Mel is "TORTUOUS")! I guess we wait for another close?
p.s. note to julietoo . . last year for the wheatback was 1958 . . . 1959 started the Lincoln Memorial reverse . . now look up "TORTUOUS" and report back . . .
GEEZUS - lol - I pulled the trigger a couple of minutes early!!!! hahaha - but that was still awesome! I usually try to trade within the last 5 minutes... but was about 8 mins out from EOD! Hilarious! Anyway - SIRI's out of the IRA cause I didn't think it would rally to 0.57. Were you watching those last second trades! I think the KOAT's arranged that to punish me, lol.
Anyway - that was a nice rally.
But yes, another day....
http://www.scripps.edu/~davess/siri20/siri7.png
It was pretty funny - I did a mini elliot wave count - not sure if you're into that, and saw we went 12345 down - so a bounce should occur at some point.
Overall though, the trade was a winner, and I was actually overweighted with SIRI, and wanted to trim some (of course, not this way, lol). I'm trying to impose stricter rules on my trading for next year, and already starting, thus I consider getting out according to plan a good thing.
I did have to look at the 1 minute chart, cause I thought it happened literally in the last few minutes - it actually happened during the last minute.
Anyway - still don't know what's in store for tomorrow. Could have been a good thing (let's hope not though - I truly hope it will spring from here and not hit that 0.54 mark).
http://www.scripps.edu/~davess/siri20/siri8.png
NO-NO!
You are thinking of "TORTUROUS" (with an "R") . . . and I believe it was Bassmaster who suggested he was into that . . . or was it you who suggested it to Bassmaster . . . anywho
I am referring to the word "TORTUOUS" (without an "R") when I refer to Mel Karmazin . . .
TORTUOUS (adj.) 1. not straightforward; tricky or dishonest
Somehow I have ridden this pile of elephant crap until Dave sold!!!!!!!!!!!!
Now I get to friggen ride it until Dave buys back. What a useless dumb ass retarded idiot I am.
Someone please just pull the cord for me I'm out...........
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First for SRK a BIG
AMEN
My Christmas wish for him. Is for him to wake up in bed one morning.............with Howards hair completely wrapped around his..................eerrrrrrrrrrrrrrrrrrrr uuuuuummmmmmmmmmmmmmmm............hmmmmmmmmmmmmmmm mm.
LOL - The daily candle is pretty good, we got the 12345 down, I'm still in in one of my cash accounts... let's see what happens. I actually considered rebuying if we get the right candle set up - basically, up tomorrow and then buy EOD on the second day if it closes over prev day high, but truthfully, I wanted to free up cash in that other account, and don't want to overweight anymore... of course, watch the announcement that it's going private and I lost the $2 deal...
Ahh SIRI - it is truly a one of a kind stock - the only one I know of that trades under a buck and basically has 3 websites with dedicated message boards to it. Most only get a thread over at the hub. Are there even 3 websites/boards for trading AAPL?
SIRI investors are... I can't even think of a word...
MEL-K's like a tragedy in my head
That I can't keep out
Got me singin' like
Na na na na everyday
It's like my E-TRADE'S stuck on replay, replay-ay-ay-ay (2x)
http://www.youtube.com/watch?v=_ILy_...eature=related
P.S. Please . . . Julie, Socal, anyone else . . . feel free to write the next verse . . .
Rest easy Dave . . . with Mel et al at the helm it would NEVER be a $2 deal!
In fact, it is set-up quite well now for Siri to be taken private on the cheap . . Mel goes out and makes a lot of appearances, picks a public fight with NASDAQ over the Delisting Rule, spins the ole 10 $1 bills is the same as 1 $10 bill, uses fallacious argument about Buffet's share price being too high, sends Frear over to UBS with a slide show about "enhancing shareholder value"
Then BOOM . . . Liberty starts a short-hedge against their preferred shares on January 4, 2010 as they are permitted to do purusant to the Investment Agreement and Shareholder Rights Plan (which you MUST read together as collective documents because one effectively/de facto amends the other, though Patrick Donnelly would of course deny this) and locks down the share price in the mid $0.50's until the reverse split is required . . . which then shaves another 20-25% off the share price . . . then Liberty sits on it til February 2011 and buys out the other 60% they don't already own (as they are permitted to do under the Iinvestment Agreement) at say a 20-25% permium to the then current share price . .
Mel can then say how "hard he tried" and that the NASDAQ Delisting Rule really "tied his hands" and the market just never properly valued the equity because of the large number of "unsophisticated" retail shareholders and taking the company private just made sense . .
BTW, in case no one else has noticed . . the Company is already effectively 40% privately controlled by John Malone!
lol - note to self - give a little extra leeway in low targets, like you do for high targets!
Great bounce today so far.
Russell 2000 has also broke resistance!!!!!
Merry Christmas to everyone!
:xmaspresent: