I hate that $4 rule for scottrade! I tried to put money in to buy it at .29 about month and a half ago and i could have avg. down and sold that next day at .40 and be up but I had to wait those few days...which mad me miss the pop:annoyed:
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I hate that $4 rule for scottrade! I tried to put money in to buy it at .29 about month and a half ago and i could have avg. down and sold that next day at .40 and be up but I had to wait those few days...which mad me miss the pop:annoyed:
WELL SHIOT!! is this dog shite stock ever gonna do something:thumbup:
I took it off my stock screen just so I didnt have to look at it..
bush is going to speak wed about bailout we may get a huge spike to .16!!:out:
Newman and Stang302,Quote:
Originally Posted by Newman
Listen, you can buy SIRI the next day after a deposit into Scottrade....
Do not deposit money through their online "Money Direct" service, as there are extra hold times with that. Drop off a check, money order, or cashiers check at the office and they will overnight it to their main office for free. You can then buy SIRI the next day. You must have a margin account to do this, I believe. I think you only need $2000 or so in your account to have a margin account. If you have a margin account, you also don't have to wait for clearing when buying and selling.
Scottrade is not my favorite broker. They have their pluses and minuses. Think or Swim has a lot going for them, but may not be the best for everyone. NEVER EVER even consider Sharebuilder, unless you are a kid who wants to buy a portion of a share of GOOG or AAPL with paper route money. IF you are an active trader, IBD is the cheapest. Think or Swim will match any other brokers rates, except for IBD. Be aware that IBD charges you for the data feeds, but it still comes out cheaper if you are an active trader. Customer Service is not so hot at IBD. Etrade and TD seem overpriced.....
Some of the discount brokers like Zecco suck, because of the restrictions and lack of features. You need to be able to trade in the pre-market and AH! Even Scottrade limits their extended hours trading. Scottrade is missing some other features too, like some order types - "Buy at Open" and "Sell at Close" etc. With Scottrade it's impossible to get those cheap SIRI prices when it tanks right at the close.....
Yeah, I could drop off a check, but Im really not interested in buying before the meeting. I want to be able to digest the information and buy if I see fit. Friday is good for me.
I cancled my margin account so that Scottrade could not loan my shares to be shorted. Not like naked shorts actually borrow before hand, but still, why add fuel to the fire when it can hurt the company that I am invested in?
non margin account as well, the shorts can go to hell,they have made enough off this stock already
It looks like .14 is holding.......whenever it touches .14 the buyers show up.
I have thought that .14 is the line in the sand, but I could always be wrong.....
No real news to report....
Pray that no one hears any more secret messages from XM and goes on any more murderous rampages....
http://holidays.canoe.ca/Features/20...756801-ca.html
Satellite on the go
By Jesse Michaels, Senior Money Editor
Rejoice satellite radio fans, now that XM & Sirius are under the same roof. Of course, now that you have access to the best of both worlds, it would only be natural to take it with you and listen on the go.
Enter the Pioneer XMp3 portable satellite radio, the company’s successor to its first attempt at portability – The Inno, introduced in 2006. The Inno paved the way for portable satellite radios and the XMp3 improves on it in all aspects.
The XMp3 weighs in at a paltry 91 grams and sits comfortably in your hand. Outside of a stubby antenna on the top, it looks and feels very much like the current crop of MP3 players. On the same note, if you can navigate your way around an iPod or similar, you should have little to no trouble getting and using the XMp3.
It took me a couple of attempts to get the player registered so I could start listening but after a quick call to the customer support line, the XMp3 was in business. I was able to get decent reception in my condo (otherwise known as the reception hall of shame) and reception elsewhere in and around downtown Toronto where I tested it was flawless. If you do find yourself with bad reception, Pioneer includes an external antenna dock in the box that will hopefully improve your signal.
In addition to regular playback, the XMp3 is also capable of recording whatever you are listening to, thanks to an included microSD card slot that can take up to 8GB of additional memory. To record, you simply press down on the scroll wheel to bring up the recording options. You can also schedule recordings in advance.
Of course one of the most important issues with portable music devices is battery life and the XMp3 is no slouch in that department. Pioneer claims that the device can get 4 hours of listening to live music before needing a charge. My tests produced a similar result.
Bottom line: The Pioneer XMp3 would make a great gift for folks who live by satellite radio or those who want more functionality and choice than a regular MP3 player/radio. Best of all, it won’t break Santa’s bank!
http://finance.yahoo.com/news/Fed-cu...-13846723.html
Fed cuts target for key rate to record low
Fed cuts target for key interest rate to record low, pledges to use all available tools
Tuesday December 16, 2008, 2:26 pm EST
WASHINGTON (AP) -- The Federal Reserve has cut its target for a key interest rate to the lowest level on record and pledged to use "all available tools" to combat a severe financial crisis and prolonged recession.
The central bank says it reduced the federal funds rate, the interest that banks charge each other, to a range of zero to 0.25 percent. That is down from the 1 percent target rate in effect since the last meeting in October.
Federal Reserve Chairman Ben Bernanke and his colleagues also pledged to use "all available tools" as they struggle to contain a financial crisis that is the worst since the 1930s and a recession that is already the longest in a quarter-century.
is this sucker gonna do anything today or is it another down day on an overall upday.
SIRI did nothing on the rate cut announcement.....
Be happy that .14 is holding thus far....
Call me stupid but i don't understand this.Quote:
Originally Posted by trippingthespeculatingpos
What triggers this stock to go up or down?On a perfect day, what would have to happen to make SIRI pop??????
SIRI closed up at the high of the day @ .15 on a move in the final moments of trading. SIRI closed up 6.232%....
Someone wanted SIRI to close up today......
The stock is heavily manipulated and gamed. It trades in a world of it's own, unrelated to the market it seems.....Quote:
Originally Posted by Jworld
when the sellers do not raise there ask price above last sale that keeps price from going up, when sellers simply give in to the bidders by meeting there bid price or lowering there ask price this lowers the pps. any1 know if siri is traded by hedge funds? i heard there are some services that tell you which stocks are traded by hedge funds. it seems to me the sellers dont care about getting the best pps they can from there sell which points to hedge funds or tons of shorts.Quote:
Originally Posted by Jworld
Another hit piece from The Motley Fool with my comment below. I was the first to comment on this worthless article...
http://www.fool.com/investing/genera...litsville.aspx
Is Sirius XM Headed for Reverse Splitsville?
By Rick Aristotle Munarriz
December 16, 2008
It's the season of giving, but Sirius XM Radio (Nasdaq: SIRI) will have to decide how much is worth giving after so much has been taken away.
At a critical shareholder meeting in two days, investors will be asked to approve measures that include increasing the number of authorized shares (from 4.5 billion presently to a whopping 8 billion) and OK'ing an eventual reverse stock split.
Bumping up the authorized share count would give the company financing flexibility to repay roughly $1 billion in debt that is due next year. The reverse split approval would come into play if the stock is still trading below a buck in four months (and would be delisted without the reverse).
Neither measure is ideal, of course. Even if Sirius gets the green light for more shares, it remains to be seen who would buy them. Fearing dilution, the already pummeled stock may head even lower, unless the market has already baked that into today's pedestrian prices.
The best-case scenario would be if Sirius could place the freshly minted shares quickly with strategic partners. Unfortunately, automakers are panhandling themselves, and even some of satellite radio's well-heeled content partners, like the NFL, have been laying off employees. It may feel heretical, but the company's best shot at finding a big buyer willing to pour in hundreds of millions to see it through its hurdles may be terrestrial radio giants like CBS (NYSE: CBS) or privately held Clear Channel.
The reverse split is also a controversial move. It's a zero-sum game on paper. A 1-for-50 reverse split, for instance, at this morning's price of $0.14 a share would result in every 50 shares being replaced by a single share at $7.
It's typically a sign of desperation, even though some companies, like priceline.com (Nasdaq: PCLN), have emerged as success stories. In this sinking market, most investors are probably worried about recent reversers such as Sun Microsystems (Nasdaq: JAVA), JDS Uniphase (Nasdaq: JDSU), and Bluefly (Nasdaq: BFLY), which have given back most -- if not all -- of their post-reverse price gains.
It's too much, too soon for Sirius XM. Shareowners are stuck between a rock station and a hard place. The company is in an even tighter spot. If investors restrict the company's flexibility, its choices will be few as it tackles next year's debt monsters. Let's just hope that Thursday's shareholder meeting is not the company's last.
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On December 16, 2008, at 4:28 PM, DemianBohemian wrote:
For crying out loud! Is The Motley Fool heading for Pump and Dumpsville or are you already there? You were recommending XM as a stand alone company to your paid subscribers at over $30 a share! You continue to bash the combined company down in the pennies on an almost daily basis. Your "article" is worthless and contains no new analysis of any kind. Your time frame for Nasdaq delisting isn't even accurate. Did you factor in the extensions and the fact that it is business days and not calendar days? The Nasdaq may extend it's delisting proceedings freeze also. The Motley Fool is a joke.....
Big trade in AH.....
Sirius XM Radio Inc.
Dec. 16, 2008 Market Close: $ 0.15
After Hours Trade Reporting
After Hours
Last: $ .143
After Hours
High: $ .148
After Hours
Volume: 2,119,975
After Hours
Low: $ .1411
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:34 $ .143 1,700
16:32 $ .1475 416
16:29 $ .142 700
16:27 $ .1474 100
16:27 $ .142 100
16:26 $ .1475 100
16:26 $ .142 100
16:26 $ .1475 1,500
16:26 $ .146 500
16:23 $ .1475 1,596,971
16:18 $ .145 12,746
16:15 $ .1415 166,835
16:13 $ .1475 300
16:10 $ .148 445
16:08 $ .148 5,000
16:06 $ .1411 212,750
16:02 $ .148 40,000
16:02 $ .148 62,134
16:01 $ .145 500
16:01 $ .1465 500
16:01 $ .1475 5,912
16:01 $ .1475 8,866
16:01 $ .147 1,000
16:00 $ .1432 300
16:00 $ .1439 500
I am not positive but i didnt think hedge funds traded SIRI becuase its pps is too lowQuote:
Originally Posted by trippingthespeculatingpos
You better believe that hedge funds trade SIRI.......Quote:
Originally Posted by stang3O2
sirius is stuck in mudd till we hear "we have refinanced" or we will not dillute shares.. we get some answers the 18th.. this stock will trade flat in a range untill then.. and hedge funds only trade is there shorts there holding on too there is no meat on the bone they all have moved on.. we couls get a short squeeze if we get some + news over the next 2-3 days.. but at this point who cares .14 or .25??? WTF
heh apex 0.25 would mean alot to me that would put me up 4 cents, so yes 25 cents plz!!!!