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

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Originally Posted by Paratrooper_Rick

You think they're bad - try wells trade (wells fargo) 19.95 for standard trade, 35.00 for penny stocks - and getting them to fix or assist with anything is like trying to squeeze water from a very big condescending rock. I am SO glad I'm shutting my account with them.

in retrospect - I liked ING compared to wells. but compared to each - TDA is abso-friggin-lutely incredible.

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Been hanging around awhile and wanted to ask what you didn't like about wells trade. I get 100 free trades a year for keeping more than $25000 with wells fargo. Now my experience hasn't been great but can't beat 100 free trades a year.



My sirius postion started at over $4.00 a share but i was able to bring my avg down to .27 and have yet to sell a single share of my over 30000 shares.

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Originally Posted by Brandon Matthews

OK...Finally got my login corrected! I missed the whole day. Doing my part to make it better, I have reserved the 8 oclock spot to do SiriusBuzz radio.

I'm still not sure anyone else can make it, but I'll be there.

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Sounds Good...... will check in later.....

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Originally Posted by relmor2003

Good analysis. I agree. Exactly what happened. Just pissed I didnt log on in time to warn anyone, but I doubt it would have mattered. Happened too fast. I would have warned people to not sell into it, but BUY into it. I didnt even have time to execute my own trades right, I was trying to buy 3 times under .30 and missed everyone, just jumped over my bid once too(limit orders dont guarantee execution, just price), without typing a thing!!!:eek:
Thats how fast it was over. The pyschology of a trader is known to MM's for sure. They understand where people bought, and what it takes to get them to sell. Good luck tomorrow, knock em dead!!!
Do us proud. And keep your negativity out of it. Say nothing but glowing things about the company on camera.(Free plug for the stock!!!!)

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MM's are punks and I take pleasure in beating them at their own game. They are very predictable when you know their schtick b.s. kiddee games. That's one of the reasons I love the market, cause of that challenge. I get such a charge when I can outsmart them. Time is one weapon. Patience is another. And then comes timing, the third. Get those skills sharp and you can succeed in the stock market. Have none of those skills and you are putty in their hands and will be beaten like a red-headed stepchild beyond recognition (no offense to red-heads, it's just an expression LOL!). Have some of of those and you might do OK but most likely will be even to down...of course the wild card in the mix is instinct, which would be the fourth horseman. You add that and you can tell MM's where the frick to go...:hammer:

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Originally Posted by mogami

Hi, Depends on if they also tack on something per share. Most of my commisions are over $100 and they are 9.95 to start with. (I computed at one point that I could have bought 15k more shares with that "extra" money. ING calls any trade over 2000 shares a "large order" and adds more to the total. So they get their 9.95 the price per share over 2k and a large order surcharge.

The largest burn ING did to me by being picky about what stocks I could buy was LVWR. I tried to buy 50,000 shares at .06 Stock went to .14 in about a week. It's pretty dead now at about .09 but I would have begun looking to sell it at .10 I watch the ticker all day long. LVWR went up fast I think I would have gotten .12 for it. (or more if ING had crashed while I was trying to sell since it traded at .14 for a long time)

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I remember you talking about LVWR. They made that .05 -.15 move right. I watched 'em for a bit but too thinly traded for my taste...

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Originally Posted by relmor2003

Good analysis. I agree. Exactly what happened. Just pissed I didnt log on in time to warn anyone, but I doubt it would have mattered. Happened too fast. I would have warned people to not sell into it, but BUY into it. I didnt even have time to execute my own trades right, I was trying to buy 3 times under .30 and missed everyone, just jumped over my bid once too(limit orders dont guarantee execution, just price), without typing a thing!!!:eek:
Thats how fast it was over. The pyschology of a trader is known to MM's for sure. They understand where people bought, and what it takes to get them to sell. Good luck tomorrow, knock em dead!!!
Do us proud. And keep your negativity out of it. Say nothing but glowing things about the company on camera.(Free plug for the stock!!!!)

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you hit on one point that irritated the hell out of me today - and it's yet another lesson learned... with SIRI - if you aren't at 100% or you want to up your block - it is good to have some cash ready. I would have bought in if I'd been positioned... it caught me completely off guard... and I hate getting caught off guard - unless I have my M-4 and can fire a round or two at the culprit...

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Originally Posted by LT LT LT

Been hanging around awhile and wanted to ask what you didn't like about wells trade. I get 100 free trades a year for keeping more than $25000 with wells fargo. Now my experience hasn't been great but can't beat 100 free trades a year.



My sirius postion started at over $4.00 a share but i was able to bring my avg down to .27 and have yet to sell a single share of my over 30000 shares.

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that's great if you have 25K sitting around... I'm in the army - they don't pay me NEARLY enough to touch that. Might not be a bad thing down the road...

For us small fish - wells doesn't work - and that is my biggest complaint about the entire bank. Wells Fargo looks automatically at your overall balance and they cater to the already wealthy.... I could tell you horror stories from when I stood up my small business this past year. They were extremely condescending and I take offense to it - considering I'm spending half my life in foreign countries giving them the right to be rude.

Wells Fargo and I don't mix... kindof like gasoline and flame

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Originally Posted by mogami

Hi, Depends on if they also tack on something per share. Most of my commisions are over $100 and they are 9.95 to start with. (I computed at one point that I could have bought 15k more shares with that "extra" money. ING calls any trade over 2000 shares a "large order" and adds more to the total. So they get their 9.95 the price per share over 2k and a large order surcharge.

The largest burn ING did to me by being picky about what stocks I could buy was LVWR. I tried to buy 50,000 shares at .06 Stock went to .14 in about a week. It's pretty dead now at about .09 but I would have begun looking to sell it at .10 I watch the ticker all day long. LVWR went up fast I think I would have gotten .12 for it. (or more if ING had crashed while I was trying to sell since it traded at .14 for a long time)

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yep - you touched on yet another reason I am shifting to TDA and not so much into sharebuilder... I don't like them telling me what I can and can't trade.... and beyond the stock list ... the funds are terrible and only a short list you can play with.

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Originally Posted by Paratrooper_Rick

you hit on one point that irritated the hell out of me today - and it's yet another lesson learned... with SIRI - if you aren't at 100% or you want to up your block - it is good to have some cash ready. I would have bought in if I'd been positioned... it caught me completely off guard... and I hate getting caught off guard - unless I have my M-4 and can fire a round or two at the culprit...

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Everyone did. Complete market takedown attempt at the same time. It was one of the weirdest moves I have ever seen. All of a sudden, more than half the stocks on my watchlist dropped at the same time(a large amount). Now Sirius takedown today might have happened anyway, Im not sure, and it might have been a coincidence , but it happened at the same time.

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Originally Posted by sl62

MM's are punks and I take pleasure in beating them at their own game. They are very predictable when you know their schtick b.s. kiddee games. That's one of the reasons I love the market, cause of that challenge. I get such a charge when I can outsmart them. Time is one weapon. Patience is another. And then comes timing, the third. Get those skills sharp and you can succeed in the stock market. Have none of those skills and you are putty in their hands and will be beaten like a red-headed stepchild beyond recognition (no offense to red-heads, it's just an expression LOL!). Have some of of those and you might do OK but most likely will be even to down...of course the wild card in the mix is instinct, which would be the fourth horseman. You add that and you can tell MM's where the frick to go...:hammer:

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LOL...you crack me up and I am luvin every minute of it! You should write for a living....do you? If not, get started, you could make a fortune. You and a few other silver tongued devils on this thread. Ya'll provide me with lots of humor and learning (you all know who you are). Thanks!

:)

I can only dream of the day I have 25k in my account. I do pretty good at picking cheap stocks (only ones that trade on big exchanges) and getting them for .04 or .05 climbs. I stay up late into night searching for stocks that have been flat or went down recently. I never buy a stock that was up the day before I buy it.
I got started on these "easter egg hunts" when SIRI was going down and I needed to raise money to buy more SIRI. Since SIRI was going down I would sell the SIRI buy another cheap stock and then sell the cheap stock after a pop and by then SIRI would be much cheaper so I increased my holding when I rebought. Then it became a fun game. Picking a stock thats going to go up the next day. But it does not count as a correct pick if you don't buy it.
Because I am such a small player after commisions most of my gains were only 200-400 dollars but when SIRI was .20 it meant something. I had one where after all the money grubbers got their piece I made 51 Thats when I learned if you can't buy at least 10k shares don't bother. (I had 450 shares)
The sad thing about that stock is it is now over 1.00