well i had two days to enjoy the moment, time to call Frazier, hope he's listening.....:p
Printable View
i've owned this pig for alittle over a year, sold it all in 08 for the tax loss, bought it all back plus more last month, if i owned since 04 i'd be in the padded room looking for the next tasty roach, not intended to insult any long term holders out there:mad::cheers:
I've been watchin Bloomberg and reading feeds all weekend. Usually, you can get a feel for the market open. I ain't getting anything!
The futures have been trading in a +25/-25 range and each time I have seen that, the market is sideways. It will wait and react at the drop of a news story ............One way or the other.
There has been some decent reporting over the weekend on SIRI. Nothing negative is what I mean by decent. There should be a gradual increase in interest as a result of the SP move up. This should bring in buyers at the current level and they will chase it a bit but not too much until we get some calls from some rater saying it's a market outperform or something nice.
Buyers are scared. Don't blame them. Volumes are low and that breeds volitility.
I can't say Monday will be good, but as the week goes by we should see a volume increase and more buyers coming in to speculate.
Nothing is as it was. Most of the trading money is on the sidelines. It will take a good three day rally to bring some of it back. I anticipate a rally soon. I positioned what I had left on friday. (Financials, Industrials)
Friday the 13th is usually a damn lucky day for me. Hope I did not call the bottom of this range cycle too soon. (but I always say that and often do)
I think once the call shows that we can still post some growth without the auto market we will get a nice bump but until then I don't see us getting above .20..
Do you guys think the churn stays the same or what?
Alright Rick. In this scene, you will be playing the stock price after the merger as you freefall towards earth... And because we have to make it believable, we cannot allow you to wear a parachute...Quote:
Originally Posted by Paratrooper Rick
Ready....
And ACTION!
To make it really believable - first there'd be a news release saying I actually had TWO parachutes.....
Followed by negative news release - my chute rigger forgot to pack the chutes.....
For dramatic effect - when I pull the cord - a dozen bricks could float out of each one........
LOL, ok, so are you Darth Vader, a true paratrooper, or Wile E. Coyote now with your brick filled backpack?
LOL
In point of fact I am actually army airborne - possibly at least a little converted to the dark side - and tomorrow I will likely be immitating Wile E. Coyote as I jump off a cliff hanging onto the SIRI SP all the way to whereever it goes...
I'd prefer to be doing the bit where the coyote straps a rocket to his back and flys into space (ie. following the SP) but I'm all out of rockets...
Here's my humble opinion on tomorrow -
I think if Mel mentions how bad the economy sucks - we drop a few cents.
If he doesn't - we stay even - unless the CC goes well (not historically what happens with Mel)
If there is an anouncement about a marketing plan, especially a good one - coupled with a solid financial path ahead - we go up a few cents then settle in at .17 or .18
If the throw in an anouncement about an app for iphones/handheld devices - some other mechanism to pull in more subs in a smart way - we could hit another pop to .25+ with a drop of at least 5 cents around closing... the shorts will all attempt to manipulate/cover...
Then again - I'm just making wild guesses... I'm no broker... Anyone with real market experience feel free to provide your take....
I like your take actually. Very well thought out, laying down variables. I like your economy sucks line, I used a similar one myself. I agree, Mel will control the price tomorrow by how much information hes willing to give. Not a quarter I would want passing with no good news. Wasnt enough there to sustain a steady price increase based on the Q4 alone, if anything it might give concern. But my hope has always been once the shake outs were done, the long term holders that were weak were gone, this stock would do well. So lets hope my consipracy theories play out the end game now. A stock price recovery the likes rarely seen. Its up to Mel. The technology is there. The product is there. They have the time. Now act and give me my money back!!!! Lets go Mel. Get your head out of your butt, and dazzle me!!!
I usually try to temper my predictions/asessments with what I think the shorts and manipulators will do if the SIRI SP moves up quickly -
What I think has REALLY been happening - in these past couple months... for example when we spiked to .26.... is the big boys catch us before we go too high and the manipulation starts.... factoring in the counter media from anyone supporting the NAB.....
The only advantage I seem to have (as well as some of the posters here versus other BB's) is that I DON'T have any preconceptions - based on experience as a market analyst or broker (which I will never be) -
I enjoy the board here - because a greater percentage of the buzz contributors actually use their heads for something besides a hat rack.....
I will be standing by with a cigar and shot glass when the CC starts in the morning...
this used to be a hot stock, I used to follow it almost daily too, those were the days..