Just did another take down attempt, pressuring .15 cents. They must have seen something they liked, or took advantage of the main market drop. KITE is heavy today blocking advances. They are the enemy today. .15 cents being tested.
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Just did another take down attempt, pressuring .15 cents. They must have seen something they liked, or took advantage of the main market drop. KITE is heavy today blocking advances. They are the enemy today. .15 cents being tested.
Well there you go. They did it. 4th times the charm today. Wasnt looking good when it couldnt break .1525 today. Not enough convicted above .15 cent large block buys to keep them back. O well. Id still expect a close over .15 today. If this stock goes down today, then .13 becomes possible again. Momentum of Malone deal would be gone. No retail interest, kind of surprised.
I'm not surprised by lack of retail interest. your either all in already or the market has broken you.
I'm looking for an S & P upgrade on Sirius credit ratings. I think you need to be in this stock for that and 4th Q CC in 5 business days.
You know guys - I have alot of respect for those who have hung on long with this stock - but the more I watch it - and continue watching it get held low - I really don't get what it will actually take to move it up substantially. This is getting ridiculous...
There is absolutely no GOOD reason we shouldn't have moved up at least two to three cents today. I'm on the verge of saying the hell with it and moving to a stock that actually behaves like a stock should........
its just the fall back before the last minute rally. i think we will finish close to .16 hopefully higher.
Hi, Most other stocks have lost money last 6 months. I'm actually ahead with SIRI using the little peaks and valleys. Problem is those are not occuring anymore
15:08:17 $ .146 100
15:08:14 $ .146 100
15:08:12 $ .146 100
15:08:07 $ .146 100
15:08:02 $ .146 100
Your on to something here, sir. The more people feel like you do, the better chance this stock has at moving up. Stocks seem to make moves "against" overall sentiments. This stock however, your right, doesnt behave like a normal stock. For the volume this stock has at these prices ranges, it should be going up. Most long term sellers have long since sold out. Consolidated short effort however is looming over this stock till at least 2014, or until all bonds are paid back, or an effective R/S minimuizes shares to control float, and make the stock trade "more understandably" I suppose would be the word. Most investors are waiting for Q4, this is correct. This is "dead time" where the MM's will try to convince you to sell shares, IF, they are planning on moving the stock higher in the near future(based on as mentioned above and s&p upgrade, or a good quarter report, elimination of debt, increased synergies realized, higher than expected COH, etc...). But Homer was right , simply advancing on the day you got hit with a 40% stock dilution isnt too bad. This stock was obviously priced for BK before that, and is now priced for a terrible quarter. If you believe this wont be the case, add more shares between now and then. If you feel the quarter will be terrible, then stand aside for now, and buy at a much lower price(but we wont see sub .125 again unless the quarter is bad, missed their estimate, and give a terrible guidance for 09.)Quote:
Originally Posted by Paratrooper_Rick
well the only sellers I can think of who would still have any reason to sell are the 100,000,000 shares at .074 (shares for debt)
If they need cash to cover positions in other stocks they might say "sell a million SIRI" Perhaps that is why this type action occurs in afternoons on days rest of market is down.
Even at .14 they are getting double their money and still keeping a ton of shares long
just put some limit orders in at .1422
they're taking
hopefully it won't go lower and hopefully
.15 is the new .13
Well ,just missed the .15 cent close. At least it closed positive, thats better than the other way. Any volume this thing wont stay down. Patience is once again in order, as usual.
What a crazy ass manipulated stock. If they keep holding it back, why do they make it jump so much on the last trade of the day.
This is much better than what has been happening in the past. The used to kill it on the last trade.
This is unrelated to SIRI, sorry in advance. Does anyone follow CPST (Capstone Microturbines)? They seem poised to benefit from Obama's clean energy mentality, and the stock is ridiculously low right now. I know they have issues with profitability, but I'm quite used to that with SIRI by now...!
I know we are all waiting for that big pop but how far did that get us the last few times it went above .20? Could be this is a positive sign-closed up even a little on a generally down market day?
The shorts must be getting a little more nervous as the days go by so we weed more of them out. It's normal to be eager. After the storms we just weathered it will take a bit for the waters to calm enough for others to want to swim in our ocean.
Relmor has the right idea-patience. Think in terms of how we finish a week, not just a day.
Yup! I own it!Quote:
Originally Posted by Sirius_Long_Hauler
Bought it too high, looks like.
I'm with ya, this company is a prime buyout candidate. It's primary problem is that it can't get out of it's own way.
I think the management is OK, but they are having severe growing pains.
They have this huge backlog of orders but by the time they get them out the shipping door, the materials costs have eaten into their margins. They need to get that under control, and have done some things to do that but it did not show up in the numbers yet. I can only hope they succeed or someone like Honeywell or GE snaps them up.
I think they would have been snapped up if it was not for the credit crunch.
I'm not sure where that .1495 trade to close came from. All the bids were much lower, unless it was a big buy and it pushed it up for that last trade. It didn't seem like there was any buying demand above .1425, but I'll take a positive close and a bad day in the market.Quote:
Originally Posted by relmor2003
Quote:
Originally Posted by BuSeeAir
Relmor is absolutely right. I would Tattoo the word on both hands and my forehead if I thought it would help!
P-A-T-I-E-N-C-E
Really - ok - someone explain to me in something besides a wild guess
How am I - your typical consumer investor - supposed to believe the shorts are out of the picture? As far as I can tell - we're still being manipulated - G.S. is still in the picture - we got the same 100 blocks today from nite trading group...
Someone explain please what has actually CHANGED SIGNIFICANTLY.....
I'm starting to understand why insane people lick walls and beat their head against things...
You are absolutely right, we have to be patient. Bought another 10k at .145 .
Then I saw another Motley Fool article and wanted to open a vein.
Why are these people doing this ? What is there goal ?
One lousy sentence about the done deal, then hammering about 15 % interest the company will never able to earn, 25mil. principal each month, most of the loan must be paid back 09 and 10 and not forget about the FACT that the consumer very soon will cancel any sub, because there is the free internet radio.
I am sorry guys, I know we went through this before, but it still drags you down, again and again.
I would appreciate if anybody has something positive to say regarding that MF-article.
Quote:
Originally Posted by relmor2003
As to those 100 blks......Quote:
Originally Posted by Paratrooper_Rick
I can't say exactly what they are, but most probably they are options that are clearing. options are bought in 100 share blocks and when a put or a call clears or is exercised, the trade looks like a thousand killer bees cruising through the last sale chart.