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

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Originally Posted by tucknroll

just to throw this in, dndn seeking fda approval i think 4/17...if and it's a big if approved look for a launch. owned a few shares awhile back when it went from 4 to 17....looking to buy more siri if it stays below .40 tomorrow...good luck to all:cool:

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DNDN worth the watch...thanks for the info....

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Originally Posted by sl62

DNDN worth the watch...thanks for the info....

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dndn was below 3, had all my extra money locked up in siri, but it's all good:)

your listeners want to know why u have stopped the show. we are on the back and it would be could to help exercise our demons.

fellow posters, pls ask Brandon and Tyler to have a show, perhaps twice montly. lest petition them.

brandon and tyler thanks for all of the articles.

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Originally Posted by The Church lady

My first stock trade was LVLT when it went to 1.65, made very nice profit. I don't think LVLT will jump until Q meeting. I just sold all 800,000 shares of SIRI that I bought 3/6/09 for .125 for .425 today after I read here that it would go to .42 before it dropped back from someone here. Thank you who ever you were. Sold all my C shares that I bought 3/9/09 for $1.00 for 3.30 today when it spiked today. 49 millin shares of C sold in 15 minutes when it spiked. Great profit on both stocks today. I am gald to see others made profit on SIRI after it's been down so long.

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WHAT A DREAMER..take your hands off your lap lady.

for the xm shares. i would like to track the preferred.

i am fearful on friday we will see major profit taking. this stock is up huge since Liberty announced when the stock was at .04

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Originally Posted by bababoooie

My Four long term stocks WERE SIRI (1.79) AIG(1.55) ,and GM (8.36), And WFC(8.41).
Yea....that's were.... as in kick me....HARD!
I set my trailing loss too low for WFC and took a 15% profit. I guess as mistakes go, that wasn't bad.

I went with advise given to me upon entering the stocks:
1) Set your PROFIT goals
Be realistic with your numbers compare against competitors, take
the economy into consideration. New Innovations on horizon. Mergers
& Aquisitions and are Debts going away?
2) Set Your Loss limits (What can you AFFORD to loose?)
Be realistic again with this number. If you want to ride it to the
bottom like the Titanic, remember it took 100 year for parts of it to
surface again. If you can afford this risk, the rewards are outstanding.
(Plus you never know, you may be bit players in a movie...LOL)
3) Set your time limits.
The time limits you invest have the biggest impact on the return,
Patience pays off!! Remember that Pops come in ups and downs.
After answering the first two questions. Short, Long, or
undetermined Time periods should be set. Set an HARD time frame
for your re-evaluation of the Stock. Has your requirements been met
for Debt, Product, or Service.
4) Look back but Never regret
Every Stock market transactions is an education. Making a decision
is NEVER wrong the first time! Repeatedly Buying High and Selling Low
is making someone rich, but not you. Learning from your mistakes is
fantastic, learning from other peoples mistakes is preferred.


With the market the way it is today rule number 1 is almost impossible to determine! But, I broke the number 2 rule with WFC a couple of weeks ago. Seeing WFC at 16.97 in after hours today....AAAAGH.....well that will tech me to loosen my trailing loss to maintain profit. My gut reaction was to sit and ride out the storm for about ten months to a year before setting the limits. I was influenced by a friend at work, to set a limit to capture the profit.

My next purchase target is to see if the Government will LOAN more money to GM. I made a partial buy, way too early. I will bring my average down to half of where it is right now, and then sit on the stock for about a year. Looking at dealership lots now versus three months ago shows that recovery is starting. This recovery will also translate into a new batch of SIRUS Subscribers for the new Vehicles. I found That the domestic sales numbers were encouraging and support the street view of vehicles in the Dealrship lots!!

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Baba...
Good rules to live by. GM will be the next C and head back up to like $4 as autos recover IMHO...it's all gov all the time these days, but it has to be otherwise we go down hard...sooner or later that will unwind back to private...

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Originally Posted by The Church lady

My first stock trade was LVLT when it went to 1.65, made very nice profit. I don't think LVLT will jump until Q meeting. I just sold all 800,000 shares of SIRI that I bought 3/6/09 for .125 for .425 today after I read here that it would go to .42 before it dropped back from someone here. Thank you who ever you were. Sold all my C shares that I bought 3/9/09 for $1.00 for 3.30 today when it spiked today. 49 millin shares of C sold in 15 minutes when it spiked. Great profit on both stocks today. I am gald to see others made profit on SIRI after it's been down so long.

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oopsy..just realized your numbers don't match. You said you sold 800K @ .425. That's impossible since the Pre high was .42. We didn't hit .43 until after the bell...sorry...no soap. :explode:

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Originally Posted by asm610

Booie,

I foolishly bailed at a loss on GM. I bought F at rock bottom and am up on that but not by much. They have been lumped in with everyone else even though they were better prepared to weather the storm and saw it coming somewhat! I may pick up some GM soon if I can scrape together some scratch, but they still need to do a lot of fixing!

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I had F way back in 06. My buy-in floor back then was $7. The cycle was consistent enough for me to make it worth my while. The way I look at it F may go to $7-$10...but GM being on par with F will be $20-$30. Ford has already taken a number of cost cutting measures and has set the bar for GM and Chrysler. They may be competitors, but news about the cuts are provided by the UAW back to ensure parity for their workers. I believe that Chrysler has the best chance of the Three, due to the % of plants shut down and worker reductions. But Chrysler is LC. I can only hope of an IPO.

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Originally Posted by killerkaul

sl62..................... what's just one more spec. stock we can fall on our swords for. They'll be dragging our bodies off the battlefield on our sheilds if we don't learn some sense. LOL LO LOL . ..killer.

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killer, asm, baba...

Mama always told me not to look into the eyes of the sun...but mama, that's where the fun is......!!! -- Bruce Springsteen

:sunny:

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Originally Posted by Sirius_Long_Hauler

I'm thinking of buying a large block of FNM tomorrow morning... anyone think this is a bad idea?

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I got into FNM a while back @ .62...Rode it way down and now I am feeling pretty good with 7500 shares... I don't think you can go wrong with a govt owned company! They aren't going to let it go BK.