Excellent buy at that price Zealon,if you have money you don't need for a year load up now,it is an excellent buying point...
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Nice, I wish i had the money...well any money really to keep buying.
All I can today is this so far;
I sold 2,000 shares @ .3950
Then about 3 minutes later bought 2020 shares @ .3910
So I won 20 shares of SIRI today for free :) (Thanks to my 500 free trades of course, well; 478 left now)
Some days I’m able to net more, like yesterday I “won” 124 shares
If you look at it long term,next March 2010 is when the annual and 4Q report will come out with positive numbers and should be excellent guidance for rest of 2010 and 2011..then next May the 1Q will come out with first full year synergies and cost cuts factored in with exploding auto numbers for positive subs adds.And you can get in at .39 right now,SP will definitely be approaching $1.50 With a chance for $2.50 by May 2010,that is a 400%to 600% return on today.
Tripp, say it ain't so. We need you in there man, suffrin like the rest of us longs.
Yeah that whole tax thing... I'm already screwed on that cause I was one of those guys that got in @ $0.14 so with what little day trading profit I'm taking now and turning it around into more SIRI shares, its just throwing a hand full of sand on the beach. :D
Relmor,i have AOL and on its finance stock quote page it has institutional %'s and they change almost every day with Break down of Mutual and inst...
Am wondering where they are getting the info and if it is 3 month daily lag with reports..but i saw it drop 5% in one day on March 17th,you remember that day...
looks like some of the guys at the waves have gotten bearish all of a sudden. even brandon recommended a sell @38 just minutes after he deleted his own post to john saying that it wasnt going below .40:confused:
Yes i saw that,it plays right in to what john said about brandon's both side predictions,but for us longs BM is a perfect indicator of this stock,when he is weak so is all retail investors and they will sell and then the move up happens when they are most fearfull..look at his .63 prediction,it got alot of Swing and day traders to sell for profit and had them buy back lower but not the lows as we see now..alot didn't sell tho and sold lower as it dropped..meant to say
heading out be back later,hope we close over .40..
actually i forgot i still got a 1000 shares of siri in my scottrade account at .13, hehe forgot about those i guess ill keep them truly long :0, only selling those if i think r/s is around the corner. lol you thought you got rid of me :O
GOOD LUCK to those who took .38 advice...those guys over at Waves use charts and candles and averages and can't predict S$%T. Most of them are just SHEEP and having visions of grandeur. Their egos are bigger than their actual size. I won't mention names but most are dilussional.
Bottom Line...This stock will meet expectations on it's own once some profit is shown. In the meanwhile the MM's will play the game and jerk the weak holders around along with the poor opinions over at the WAVE.
yes there is no reason for this stock to be trading this low, but reason has been thrown out the window.
I am going to ask the more knowlegeable on this site, which is most likely everyone compared to me:
On the sell and bid level 2 quotes, are the 100 incremental offers that keep popping in just under/over the larger trade orders the MM's holding down the pps? I am watching the orders come in and it consistently seems that small incremental trades "push out" the larger ones, especially in the last 10 minutes of the trade day.
Sorry if this is a beginners question, but I haven't been watching the level 2's for long. Thanks.
The BK threat tanked it, and now it's stuck here because of dependency on auto industry and resultant loss of subs, and no clear marketing plan to reverse this trend. The good news about FCF is encouraging, but it's not enough to pull this thing up without a strong indication that subs will stabilize and grow. The iPhone is a ray of hope...but, again, hard to say whether it will create enough sub gain to matter. I sure hope so, but it's a very big unknown. Until all of this uncertainty melts away, we're frozen in this range. Sucks, but I think that's the way it is for now. I'm long with a lot of shares, so I'm hopeful.