SIRI Intraday Thread: Wednesday March 25th

Critical moment in the market right now. Possible sell off to end day coming. Tomorrow looks terrible.
Bearish divergance on the S&P MA's. 800 looks like its not going to hold.

well the way they milk this sucker we can repeat days. Go up (or down) just a little each day but make moves in after hours pre-market where those who follow the pattern make their money. They let it go up in general a bit in order to get those who sell along with them to buy back in a dip to try to make more but then they drop the price further so they can climb back on.

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Originally Posted by Demian

These ****ers are still calling for BK.......unbelievable.

http://www.rwonline.com/article/76928

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I find it interesting how articles like this come out the closer we get to the .40 wall... or is it just me? I think some of the senior guys were talking about that either yesterday or today earlier.... the strange way weird or outdated negative articles will show up mysteriously at critical times.....

I think the next leg up brings SIRI to it's 200 DMA........

http://stockcharts.com/h-sc/ui?s=SIR...d=p89775725136

not too often we see SIRI move this in tune with the overall market.....

I'm back in 100%!!

big ben you buying back in now? your penny move (now 3 pennies from where you sold) seems good? I got in more at .3551 and am clenching my teeth as we approach .35. Not feeling as helpless as I felt down at .14 or .25 but it's creeping up on me again... the pain... the fatalism... the anxiety. I'm going to get a drink.

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Originally Posted by Demian

I really hate these ****ers at The Motley Fool, but this is a positive piece...

http://www.fool.com/investing/genera...nd-sirius.aspx

The World Revolves Around Sirius
By Rick Aristotle Munarriz
March 25, 2009

Things are going so well for Sirius XM Radio (Nasdaq: SIRI) these days that it doesn't even have to say a word for positive things to happen. All it has to do is sit tight as those around it generate headlines that are favorable for the satellite radio operator.

This week alone, we've seen a few nuggets that don't mention Sirius XM directly, but have an indirect impact on the company and its fundamentals.

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Going private doesn't mean that a company goes away, of course. Clear Channel is still a juggernaut. However, being private dries up the potential for raising funds through equity offerings or acquiring rival broadcasters in stock deals.

Satellite radio gets stronger, by default, as terrestrial radio gets weaker.

Along the way, Sirius XM shares have grown sevenfold since bottoming out at last month. Sure, we're just talking about nickels here, but as the wide array of headlines show, being nickel-and-dimed by small pieces of welcome news is not a bad way to get rich.

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and

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Originally Posted by Demian

These ****ers are still calling for BK.......unbelievable.

http://www.rwonline.com/article/76928

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I think any news at this point is better than none! Both articles are indicating a frustration with Sirius, bringing Sirius recognition! With recognition comes investors!

crap. .35 broken. I should never buy more. buy and hold buy and hold. i can't trade for crap. somebody tell me it's going to be all right. I bet there are so many SIRI investors who are keeping the psychiatry profession (or liquor industry) a float during these tough economic times!

way way way way way oversold atm i think we get a bounce going into close, maybe we get back to .38 like dem called