Who are "they"? Afterhours trading is completely electronic based on who's asking a price for thier shares and who's willing to pay for it. Correct me if I'm wrong.
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this is how my head feels this morning:hammer:
i may have gone a little too far on my rant on mel. he has had a tuff job since joining sirius. the merger battle. he has saved us from bk. and im sure there is a very good reason why stern is not on the app. the only thing i ask is for better communication with the shareholders, and come to our defense against the bashers. can i have that much as an investor?
johnny, you're post makes alot of sense. i wish homer was around to very/contradict any of your numbers. we both have a rosy outlook here on out. i am very confident about our investment here. but we all believe there are darker forces against us , and i just want the company even if its not mel, but someobdy , to address those concerns.
in no way am i trying to start a fire mel campaign at all. he just makes me feel bipolar sometimes.
this is something i would like them to do, how hard is it?
sirius xm issues press release :
sirius xm is pleased to announce that after 1 day , its newly released iphone app is the the number 1 downloaded free music app and the number 2 downloaded free app. blah blah blah...
whats it cost 20 bucks to issue a pr . and we all seen yesterday what an announcement like that does to shareholder value . its plus EV..
the above is not a real PR. but it should have been
Your wrong. The they is ISEG who allows and sets all AH and PM pricing. PM and AH action is usually useless. But it a valuable weopon in phasing out buyers and sellers at certain levels. An example....
Lets say a stock closes at .39 cents. There are huge buys waiting to be triggered on a run past .40 cents. If the next day the stock opens at .41 cents, the MM's have cleared a ton of retailer buyers who would have bought at .40 and sold at lets say .45 as an example. Now if it opens at .41, lets say that freezes them. They wait. It takes off and they decide to buy at .44. It goes to .46 and they sell. Instead of 6 cents profit , the MM's only have you 2 cents profit. Its all game. Esepcially in penny stock ranges.
i may have gone a little too far on my rant on mel. he has had a tuff job since joining sirius. the merger battle. he has saved us from bk. and im sure there is a very good reason why stern is not on the app. the only thing i ask is for better communication with the shareholders, and come to our defense against the bashers. can i have that much as an investor?
I agree , it would be nice to see them fire off a few shots back at the bashers from time to time instead of what appears to be sitting back and taking it but who knows what goes on behind the lines.Maybe there are reasons they sit back quietly. That and the lack of tv advertising like they use to do ( like the one with Pamela Anderson ). Surely that would get the attention of some of the younger crowd.
You all seem to forget.....Mel has more personal money in this stock then all of us here combined....and given that and his $3.75 cost adv. that he has I believe he is very concerened on getting the most back for his investment and in fact if he just gets the share price back to that.. which he would never be satisfied with we would be doing just fine as long as your adv. is below his cost adv... So how about having some respect for your Ceo and dont be so quick to think you or anyone else could of or would of done better after the sitiuation the FCC and free radio lobbyist put the company in for Mel to keep a float and eventually make it cash positive which we know the numbers show we are on our way...
Mel sent a personal message to all you shorts ENJOY AZZHOLES!!!!
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Ive rarely if ever see MM's fighting in PM and AH trading on this stock, especially on low volume, no news days. They always allow ISEG to be the lowerst ask, and usualy the highest bidder. This boxes in trades, making it hard to fill anything outside this range. It seems weird to me the respect other MM's give this range, almost like they feel confident on that day, the stock is going where ISEG will allow it to go. Maybe they feel since that is the case, ISEG, on low volume days, with no news, has more shares to make sure their agenda is the one for the day. Now, if you noticed the last time it was touching .32, I was laughing to other posters how funny it was to see the MM's jumping to a higher bid, finally. You knew that was the bottom. Now there is no order, and they get greedy. But if a MM thinks ISEG can get it to .34, .32, .33, why not wait till there to buy, why interfere with that? Remember, their goal is buy as low as possible. Sometimes they maybe even jump on and help this process. Nothing illgeal in theory on there end, thats for sure. IF you have the money and the pull, and you start your own MM service(broker) you can do some damage to these guys. But its a private party, and your not invited. Your only invited in as the ARCA and NASDAQ trade, and your second fiddle. Notice how NASDAQ and ARCA gets treated. They are very active, but ISEG jumps up and will steal NASDAQ sellers all the time. Then let it fill down.
Whats happening is a transfer of shares for dumb money to smart money. If you see heavy ISEG and CINN and BATS buying, then you know its going up eventually. If you see them dumping in mass amounts, then you know they are either shorting to keep a range, or dumping shares to book profits. Sometimes Im sure, even a little of both.
http://img221.yfrog.com/i/28375655.gif/
This is way too funny:)
that link goes to show there are smart people invested in siri, nice splice of the pics, that tells it all.
Where are we on the downloads now?
I swear to God it's going to take a fracking SIRI implant to get this thing over .50 ...
NEWSFLASH!
This should send the sp skyhigh!
http://www.examiner.com/x-448-SF-Rad...ir-on-XMSirius
Gay music? What is gay music, ABBA? Maybe I'll listen and find out.