It's probably the illegal manipulated shares being traded - :annoyed:
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I WONT LIE.. I SOLD EVERYTHING THIS A.M. AT .1443:rolleyes:
after mel starts his dillution of shares and pays back debt with it i will but it back at .06 - .10 makes more sence then hanging on and watching it drop after he does..
peace..
WAR STEELERS OVER TITANS, THE QLD OVER 30 AND OSU OVER TEXAS
Now share volume jumped to 195 Million - could it be Sirius selling shares for $ afterhours. Have not seen anything on the the sec filings yet. Not sure if they already had access to the larger float - just a guess.
scottrade is showing volume at 6:06pm 99.53 million
Ameritrade shows 99.5m too.
I'm looking at e-trade level 2
and look at Nasdaq after hours chart & volume
http://www.nasdaq.com/aspxcontent/Ex...&selected=SIRI
My Ameritrade L2 still shows less than 100mil...
This is one of the more bizarre extended trading sessions I've ever seen.
It really does seem like some of the newly authorized shares are being issued. I didn't expect it to happen this soon.
Damn...Apex sold? I don't know what you lost but for me it would be what I consider a lot of money. I have a 1000 sitting in the Scottrade account with a buy at .02 just because I'm Soooo pissed that everytime I buy it goes down. I'm 11,515 @.93 I don't see a lot of point buying at .12 to get to .60 The dillution possibility (ie probability) and RS potential are really depressing me though.
They would issue by end of day normally, but then again the 3rd time they sold shares or swapped shares for debt againstthe 300M Feb ebt, nothing ever was filed & we only saw it on their 10Q for 3rd Q.
I think maybe it was the Nasdaq 100 rebalancing then.
This is worst than the great depression, i wasn't even living then. Im living through this now, a plague............
I have absolutely lost my ass on this. I should have rolled down the window and tossed out $30,000................
Is there any light at the end of this tunnell????????????
all you can do i s wait and see jworld, your down so much already no reason to get out, if u got a 10-20 year horizon u will see your money back, assuming they dont split it to death, to me 10-20 years is worst case doomsday geat depression scenario. so be homeless for now,in about 10-20 years you can be rich again haha :o
I read somewhere that today was going to be a big tax sale day since it is the last full week of the year. I am considering selling some for tax purposes. The price is so low I wouldn't have to sell many of my older shares. I have been in accumulate mode up until last month. If the price gets much lower I may pass on the tax benefit and buy instead of sell. I don't think I could pass up $.05-.08. Then I would take the tax loss next year when I might actually have some capital gains to offset.
Toughts ? No... let me think... no, not really... Oh yes, I remember, my target price was 10 cents.
well if u wana be exact it didnt get to 10 cents it got to .116 which means your still not at your target, and im willing to bet my right arm it doesnt drop any lower than 12 cents again. (GOD I HOPE IM RIGHT )
Were you not just saying the other day that SIRI was trading in a range and you thought it was safe to buy SIRI at .14 or a little bit above?
http://siriusbuzz.com/forum/showthre...?t=1137&page=2