I couldn't agree with you more.
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I couldn't agree with you more.
Greetings all. I'll just add this to the several siri sites that I visit every day. GLTA Thanks for the link to this site.
Does the stock continue higher by the end of tomorrow into the dividend even though .05 comes out Friday morning ?
I do think we go up tomorrow, at least I hope so too. We did print a higher low which should be followed by a higher high or at least the completion of the triangle on the P&F. 2.83 or 2.86 should be coming.........2.86 would be HUGE!!!!
Attachment 629
It looks that way. They chopped me up for a few days and then it went all green small lots the back half of the day when the markets came back and went negative on Fed talk...son of a bitch. Maybe I'll jump on it early and hope for a small dip on the open.
Checking in here as well from other site. I was feeling pretty savvy that I unloaded everything at 2.92 and kept resisting buying back in as it dropped into the high 50's with the thought that I would wait out this macro risk, only to let FOMO get to me and buy back the morning of the divy anouncement at 2.82. Been feeling stupid for buying but now I'm thinking that if it gets back to 2.82 I will take my 5 cents and lighten up a lot till the macro issue clears and buy back lower after that. With this stock who knows.
So this is where the party has moved to. It should prove to be a very interesting next couple of days.
2.92 was a real good move as it turns out but 2.82 wasn't bad either considering the announcement. Sure it dropped but that was a difficult moment to be out. We should hopefully see the 2.80s tomorrow so you should get a chance to undo the buy if you so choose. Good luck ST...should be fun!!
What does everyone think about the royalty rate change coming Friday?
Bid volume picked up today on the move up but I was tempted to get out on the low overall volume. Friday is ex-div also. So tomorrow could hit 2.69...or 2.81 just as likely.
For the most part the downtrend from 2.97 has been broken but we're muddled in the ichimoku cloud and tempted the 50 day sma way too much
Welcome back to some and hello to the rest.
Hoping the price will be supported tomorrow by the shorts getting out not wanting to pay the dividend.
romo24, Thanks for the heads up on the rate change. Didn't have that on the radar.
Article by CN at SA from September discussing the likely impact of rate increase to SXM.
http://seekingalpha.com/article/8609...-for-sirius-xm
Does anyone know how options are affected by the dividend?
Good Morning all!!!
Looking at my Closing P&F chart this morning and I don't know what to think. We have strong upper resistance at $2.79-$2.80 and strong lower support at $2.73 and my triangle is converging exactly at $2.78. Its like a big boot on our head hold us at $2.73 at times even though we closed at $2.78 they like $2.73. Plus for fun 2.73+.05=2.78 (both major points for me) whats the odds of that crap.