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02-22-2010, 07:35 PM
voogru

Quote:

Originally Posted by Big Ben

The reason you buy and sell it to realize profits, paper gains mean nothing, it can all go away tomorrow, not cash though. I am heading to the casino right now and I am going to plunk down 10k shares of siri and see if they will spot me some chips, what do you think? As for you saying I have not gained anything on siri your all, nuts...here are my trades from FEb1 09-Feb 1-10

02/05/2009 09:37:29 Bought 5230 SIRI @ 0.1999 -1,055.47 ---
02/11/2009 09:36:17 Bought 7000 SIRI @ 0.0658 -470.59 ---
02/13/2009 10:53:54 Bought 10000 SIRI @ 0.097 -979.99 ---
02/13/2009 11:17:56 Sold 4129 SIRI @ 0.11 444.19 ---
02/13/2009 11:17:56 Sold 1200 SIRI @ 0.1101 132.11 ---
02/13/2009 11:17:56 Sold 1671 SIRI @ 0.1073 179.29 ---
02/13/2009 12:07:04 Bought 7988 SIRI @ 0.093 -752.87 ---
02/13/2009 12:07:04 Bought 12 SIRI @ 0.0925 -1.11 ---
02/17/2009 09:46:35 Sold 11000 SIRI @ 0.19 2,079.99 ---
02/17/2009 10:09:08 Bought 10000 SIRI @ 0.18 -1,809.99 ---
02/18/2009 11:26:42 Bought 1600 SIRI @ 0.16 -265.99 ---
03/04/2009 12:47:21 Sold 11600 SIRI @ 0.138 1,590.80 ---
03/05/2009 10:06:45 Bought 25000 SIRI @ 0.1325 -3,322.49 ---
03/06/2009 10:37:54 Bought 5000 SIRI @ 0.128 -649.99 ---
03/17/2009 10:24:51 Sold 10000 SIRI @ 0.25 2,489.49 ---
03/25/2009 09:41:37 Sold 10000 SIRI @ 0.38 3,789.98 ---
04/02/2009 15:32:23 Sold 20000 SIRI @ 0.36 7,189.96 ---
04/09/2009 12:24:12 Sold 10000 SIRI @ 0.349 3,479.92 ---
04/14/2009 14:29:15 Bought 40000 SIRI @ 0.3402 -13,619.19 ---
04/15/2009 15:39:06 Sold 30000 SIRI @ 0.3751 11,242.72 ---
04/16/2009 11:19:30 Sold 10000 SIRI @ 0.3995 3,984.90 ---
04/17/2009 09:03:56 Bought 5900 SIRI @ 0.4399 -2,605.40 ---
04/17/2009 09:03:56 Bought 4100 SIRI @ 0.4392 -1,800.72 ---
04/17/2009 09:45:59 Bought 20000 SIRI @ 0.4346 -8,701.99 ---
04/20/2009 09:53:27 Sold 10000 SIRI @ 0.59 5,889.85 ---
04/20/2009 13:19:55 Bought 10000 SIRI @ 0.5402 -5,411.99 ---
04/27/2009 14:52:35 Bought 7000 SIRI @ 0.4103 -2,882.09 ---
04/29/2009 10:23:08 Bought 8000 SIRI @ 0.3822 -3,067.59 ---
05/06/2009 12:37:47 Sold 10000 SIRI @ 0.5197 5,186.67 ---
05/19/2009 09:51:23 Bought 10000 SIRI @ 0.342 -3,429.99 ---
06/15/2009 10:28:52 Bought 5500 SIRI @ 0.3352 -1,853.59 ---
06/18/2009 09:39:09 Sold 15500 SIRI @ 0.4122 6,378.94 ---
06/25/2009 10:30:53 Sold 10000 SIRI @ 0.4195 4,184.90 ---
06/29/2009 10:03:49 Sold 15000 SIRI @ 0.42 6,289.84 ---
07/09/2009 10:01:00 Bought 10000 SIRI @ 0.3973 -3,982.99 ---
07/10/2009 09:59:22 Bought 9986 SIRI @ 0.3905 -3,909.52 ---
07/10/2009 09:59:22 Bought 14 SIRI @ 0.3902 -5.46 ---
07/27/2009 15:38:30 Sold 10000 SIRI @ 0.419 4,179.90 ---
08/03/2009 09:42:55 Sold 10000 SIRI @ 0.479 4,779.88 ---
08/04/2009 10:29:44 Sold 9000 SIRI @ 0.4959 4,452.99 ---
08/04/2009 10:56:43 Bought 10000 SIRI @ 0.51 -5,109.99 ---
08/05/2009 08:16:22 Bought 9000 SIRI @ 0.57 -5,139.99 ---
08/05/2009 09:44:35 Bought 10000 SIRI @ 0.5999 -6,008.99 ---
08/05/2009 09:55:21 Sold 10000 SIRI @ 0.59 5,889.85 ---
08/19/2009 12:41:07 Sold 10000 SIRI @ 0.6041 6,030.75 ---
08/20/2009 09:32:15 Sold 10000 SIRI @ 0.6207 6,196.85 ---
08/20/2009 09:53:07 Bought 15000 SIRI @ 0.654 -9,819.99 ---
08/21/2009 09:34:15 Sold 10000 SIRI @ 0.7696 7,685.71 ---
08/28/2009 10:19:02 Sold 5000 SIRI @ 0.7 3,489.92 ---
09/28/2009 13:56:19 Bought 5000 SIRI @ 0.5881 -2,950.49 ---
10/07/2009 14:51:40 Bought 2475 SIRI @ 0.5406 -1,347.98 ---
11/06/2009 12:31:37 Sold 5000 SIRI @ 0.6242 3,110.82 ---
01/12/2010 11:36:24 Sold 2475 SIRI @ 0.6725 1,654.52 ---
01/29/2010 09:56:40 Bought 2500 SIRI @ 0.87 -2,184.99 ---

Been here since the begining and scooped up a good bit of that 400% in cash. Tyvm. The only difference between me and most of you is I understand a balance sheet with 3.2 billion and Liberty getting 40% of the company on the cheap was not good for us. Many people still believe this is a lottery ticket, it may be a winning ticket thus far but the game is far from over, thats why we lock in profits over here.

Big Ben the proverbial BEAR, and the economy has not started to regain strength, silly rabbit, its government stim thats proping everything up, 2/3 of of the gdp was stim package, cars are not selling, homes are not selling, no one is hiring, were screwed plain and simple, like Ron Paul said we're in a financial mess right now.

Quote:

Originally Posted by Big Ben

blah blah blah yap yap.

:rolleyes:

People, this game is very simple.

1. Day trader bashes the stock.
2. Gullible person sells their shares in fear.
3. Stock price goes down.
4. Day trader buys on dip.
5. Day trader stops bashing the stock or says it's a good investment and spams boards.
6. Stock price goes up.
7. Day trader sells shares.
8. Go back to step #1.

Hint: Ignore them, don't feed the troll.

Think it's a good investment, buy/hold.
Think it's a bad investment, sell.

Don't let someone elses opinion be a factor in your own decision making process. Someone should take the timestamps provided by Big Ben and cross reference them to when he was bashing sirius. I quoted the post so he can't retroactivly edit his post. It would be amusing to see "DEAD MONEY GUYS DEAD MONEY" and he just bought a bunch of shares.

But let me look at just one of your trades, your last one.

Quote:

09/28/2009 13:56:19 Bought 5000 SIRI @ 0.5881 -2,950.49 ---
10/07/2009 14:51:40 Bought 2475 SIRI @ 0.5406 -1,347.98 ---
11/06/2009 12:31:37 Sold 5000 SIRI @ 0.6242 3,110.82 ---
01/12/2010 11:36:24 Sold 2475 SIRI @ 0.6725 1,654.52 ---

$466 from September to January.

You're late on your car payment, or did they already repo it?
02-23-2010, 10:29 AM
Big Ben

voodoo go back to practicing magic, lol....novice

Voodoo,

here are the rest of my trades so you can try and prove your outlandish theory about pump and dump bullshit...who do you think I am GS.

01/12/2010 11:36:24 Sold 2475 SIRI @ 0.6725 1,654.52 ---
01/29/2010 09:56:40 Bought 2500 SIRI @ 0.87 -2,184.99 ---
02/02/2010 10:01:50 Sold 2500 SIRI @ 0.914 2,274.98 ---
02/09/2010 09:31:37 Bought 5000 SIRI @ 0.85 -4,259.99 ---
02/17/2010 08:03:37 Bought 5000 SIRI @ 1 -5,009.99 ---
02/17/2010 15:05:55 Sold 5000 SIRI @ 1.0601 5,290.44 ---
02/18/2010 10:06:07 Sold 5000 SIRI @ 1.1402 5,691.18 ---

I would have posted these yesterday but my account only lets me reference years worth of trades at a time. So go check your math now on the 466$ comment, and by the way my work truck MSRPs over 60k, the payment is 737smacks a month, probably more than your 1 bed room apartment that you rent..lol.

As for your list of 1-6 on day trading, I hope you don't think I pump and dump, if you do, wow are you 1 clown shy of circus. Do you understand the share count on siri? I don't even think the big boys with substantial shares can pump and dump without raising eyebrows. As for the GS, Cramer, CNBC connection, there might be some merit there, but extremely difficult to prove.

As for your investment strategy of buy and hold if you like it and sell if you don't, thats a little nuts too. How long have you been investing...if thats what you call it? Where have you been the last ten years, most professionals go buy the S&P 500 look at a ten year chart. They are calling it the lost decade, why? Two major corrections..2003 and 2009. Believe it or not many funds invest in the indicies. So where would they be if they invested in 2000-2010, no where, they lost principle and inflation every year. So please understand buy and hold is dead, I hate to quote Cramer's book but even he says buy and homework, not hold. Can you at least understand when markets correct or fall out of the sky you can't be holding the bag the hole way down. Pre 2000 buy and hold is fine, post 2000 its a losing strategy.

As for "investing" in siri....at what point do knowledgeable "investors" buy penny stocks? Here is a tip, they don't! People invest in companies that have strong balance sheets, not just growing revenue. Why do major mutual funds not buy companies that are under 5$? Because professionals understand the risk and downside. Siri is a spec play only, 20% of your portfolio, no more.

All the "genius" investing in the past 10 months is hilarious. What % of stocks have gone up since the March 9th re inflation of the bubble? So many that my neighbors 3 year old could have thrown darts at a wall of stocks and probably done pretty well, does that make her knowledgeable? Hell know.

Case/Shiller out a few minutes ago, pretty bad, housing sinking in most markets and the shadow market, the one I work in, is bigger than you might believe. When these homes make it to the C/S, look out below.

As for the video released last night about siri, it makes sense, baked in, take profits, at least some, if we want our stock to trade normally like other stocks, then buy the rumor sell the report is pretty common on wall street.

Good luck today
Big Ben
02-23-2010, 10:39 AM
voogru

Quote:

Originally Posted by Big Ben

01/29/2010 09:56:40 Bought 2500 SIRI @ 0.87 -2,184.99 ---
02/02/2010 10:01:50 Sold 2500 SIRI @ 0.914 2,274.98 ---

I can't fathom why you would make this trade. This is $90 profit, probably less when you take into account brokerage fees. (But let's say is $5 a trade, so $10 total), this gives you a profit of...

$80! Partay!

I don't even login to my brokerage account for $80 with all of those security questions.
02-23-2010, 10:55 AM
Big Ben

What happens when you stack 80$ on top of itself 10 times? 800$ Do it again in the short run, more cash, and yes I said cash not paper profits. Have you ever looked at chart of siri since inception, tons of people lost their asses on this pig. This stock might not trade back to .68 on a real basis, but after the reverse split it might on a % basis be beaten back to some absurd level. What will you do then when you chuck of shares is squished by 50-1. The shorts will grab this thing and sink it 20%, thats when the lump in your throat will get real big.

Is anyone surprised that there is a criminal probe being put to Toyota, with Obama motors on the hill? GM should have died with Chrysler, what a shame the markets were not allowed to work properly.

Big Ben
80$ richer, tyvm

PS....I believe Mel is going to do the reverse either way, he hates the common.
02-23-2010, 11:03 AM
Big Ben

I also want to say I told you so on the close yesterday, higher volume and lost 2%, not quite red, so I lost a dollar to all takers but I was close. We grabbed back the 2% this morning and have lost most of it already. I am glad I was patient not buying at 1.12, I have over 11k of dry powder to work with.

Some info for the research impaired, CPI, dropped over 10 points, last night Germany reported a drop also, and Shelia Bair just release some staggering info on the banks, over 702 in trouble...here comes the red! 60 point swing fast.
02-23-2010, 11:09 AM
Big Ben

I am a little surprised markets are sinking with all the pool pumps and candles that are selling! LOL!

Thats funny, I don't care who you are. Come on Vapo even you can laugh at that one.

Speaking of Vapo's, I have a digital vaporizer that I am missing right now in Puerto Rico, not real comfortable with purchasing anything from the locals.

Big Ben
02-23-2010, 11:19 AM
Big Ben

Siri is dropping like a bad habit, might not hold 1 today. I think Mel wants it to go under so he has to reverse and give away the rest of the company to Liberty.

Happy Holding folks! Losing paper profits does not really mean anything anyway, you did not really have anything to begin with.

Big Ben
02-23-2010, 11:52 AM
Havakasha

Ben,
I quess Siri going down a little today gave you a real burst of energy. LOL.
You're on holiday remember?

Ben have you ever lost money on trading? You are not trying to tell us you bat 100% are you? :)

P.S. Isnt Vanguard a major company?
02-23-2010, 12:05 PM
Havakasha

Quote:

Originally Posted by Big Ben

Siri is dropping like a bad habit, might not hold 1 today. I think Mel wants it to go under so he has to reverse and give away the rest of the company to Liberty.

Happy Holding folks! Losing paper profits does not really mean anything anyway, you did not really have anything to begin with.

Big Ben

There is a problem with making comments like these Ben.
You seem to be saying every day of the week (like yesterday and today for example) that SXM "might" not hold $1. Sooner or later you might be right and then again you might never be right.

"Siri is dropping like a bad habit". Is it really?

You MIGHT just be your own worse enemy. :D
02-23-2010, 12:24 PM
Big Ben

Havasha

Do understand anything you read? Yesterday I was going to buy around 1.12 but the stock leveled off and sank on high volume at the close. If you remember I was the one who said the volume was high and momentum might have pushed the stock higher(1.25), dumb ass. I waited and it was the right thing to do. Today we were down 2-4% early and I felt it could continue to fall which it has not. It has leveled off again. Do you watch any charts or level 2? You can't possibly with your comments.

Big Ben

Your cherry picking again! When you read reports on the economy do you rearrange sentences and paragraphs?
02-23-2010, 01:18 PM
Havakasha

When you decide to imitate John ("dumbass") i know we have a real problem.lol

Dont take this all so seriously.
02-23-2010, 01:20 PM
doclogic

breaking news on Sirius

Ben...... breaking news.......this just in......we're making money by holding Sirius.

Your trader style is a good one I know.......but unnecessary to make money with Sirius.....Most of the rest of us see Sirius as an excellent long term profit as the company has demonstrated a positive outlook in it's financials. AND THE STOCK IS PROVING US RIGHT. We have no reason to play that daily buy / sell game with Sirius. We're playing buy / sell / lock in profits just with a bigger picture. I would doubt that if Sirius were to peak at $5.00, that we would hold til it drops back to .05.

Don't worry......we'll lock in those profits.....when it's time. It's not time.
02-23-2010, 02:26 PM
candleman

Quote:

Originally Posted by Havakasha

When you decide to imitate John ("dumbass") i know we have a real problem.lol

Dont take this all so seriously.

What if he is John???? LOL

No, that could never be. John is much smarter than that.
02-23-2010, 02:44 PM
Havakasha

I have to admit it crossed my mind for a millisecond. You're right John is much smarter than that. :D. At least when it comes to discussing the stock market that is. When he talks about politics he is nothing but a "dumbass" and that aint no exaggeration. LOL.
02-23-2010, 04:34 PM
SiriuslyLong

Quote:

Originally Posted by Big Ben

I am a little surprised markets are sinking with all the pool pumps and candles that are selling! LOL!

Thats funny, I don't care who you are. Come on Vapo even you can laugh at that one.

Speaking of Vapo's, I have a digital vaporizer that I am missing right now in Puerto Rico, not real comfortable with purchasing anything from the locals.

Big Ben

Wise ass! You get my point. Stimulus money ain't funding ****ing pool pumps or candles. There is some "organic" growth in our economy. We are running several line 24/7.

Question to everyone, what is stimulus money funding?????
02-23-2010, 04:40 PM
Havakasha

Just in case some people want to read facts about the stimulus put out by the non partisan CBO here they are.

http://www.cnbc.com/id/35542619
02-23-2010, 04:42 PM
SiriuslyLong

http://money.cnn.com/2010/02/23/tech...ion=2010022312

It's going to take a while for Verizon and AT&T to get to 4G. This whole thing has to play favorably to SIRI in terms of in car audio options; wouldn't you think?
02-23-2010, 04:47 PM
SiriuslyLong

Quote:

Originally Posted by Havakasha

Just in case some people want to read facts about the stimulus put out by the non partisan CBO here they are.

http://www.cnbc.com/id/35542619

Thanks Havakasha - where can I find what kind of jobs have been created?

Obviously, MI has been brutalized. There is this one industrial park in Plymouth, MI that has about 80% of the buildings for sale. Pathetic.
02-23-2010, 04:49 PM
Havakasha

I am not sure but maybe the CBO has more specifics about the stimulus jobs.
You could also Google it. Dont have time right now.
02-23-2010, 04:50 PM
candleman

Quote:

Originally Posted by SiriuslyLong

http://money.cnn.com/2010/02/23/tech...ion=2010022312

It's going to take a while for Verizon and AT&T to get to 4G. This whole thing has to play favorably to SIRI in terms of in car audio options; wouldn't you think?

Yes, streaming audio into a car or home for 15 to 20 bucks a month via satalite will always be a game winner for Sirius. A lot of us only use our cell phones for verbal communication. We want to leave work at the office and not in our pants. So, let them roll out 4G, it's going to be expensive and only people that really need it will get it. I think we'll always have our 15 to 20 million subscribers for audio purposes only.

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