It is also said, "Even a broken clock is right twice a day";)
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Can anyone say "overbought"?............... Without some sort of new stimuli, this could be warning of a correction. Consequently, I just moved down my next buy order in hopes of making an extra buck or two.
A little slow today... let me guess... you guys are a little wishy washy about yesterday's after hours move and today's action? You don't know if you want to buy or sell. Heck, some of you are waiting for the "gaps" to fill????
I wish I knew too. Stephen Faulkner posted something in his latest article that really stood out to me.
"Liberty Media started moving for outright control of Sirius XM (Nasdaq: SIRI) in the past year, after growing dissatisfied with the company’s pace of buying back its own shares, and in developing new services and technology."
He nailed it in my opinion. Also, did anyone of you read the Denver Business Journal article about the latest FCC approval. Something in there stood out to me as well.
"Liberty Media started moving for outright control of Sirius XM (Nasdaq: SIRI) in the past year, after growing dissatisfied with the company’s pace of buying back its own shares, and in developing new services and technology."
Keep everything into perspective... we have an approved share buyback program in place and Liberty wants to maximize as much value out of Sirius XM as they can. On top of everything else, we have a Goldman Sachs price target of $3.50
If you guys follow LimitBass charts, analysis, etc... he has a short term $3.35 price target on Sirius XM. I am a big fan of LimitBass and will trade accordingly.
What's up Denco, I let some loose some at $3.17 this morning pre-market too... was a partial fill tho. Got up at 7:00am, saw the $3.22, you lucky Dog:clap: It dropped after that, so put in my sell at 3.17 and went back to sleep :googley: woke up to a partial fill:money:
What up lurkers.....(15 members and 67 guests online)
:peeping:
Sorry Bass, you know I ain't lurkin:) I did have to hit the shower tho, long night last night;) then had to get up early. Took a vacation day, so I had to get me sleepin late in. I'm rolling now tho!!! But got one of my rides I've been putting off working on that I got see about today. I'll check back later...
Thanks for the info Denco. I have been thinking about getting a second account anyways. Do they charge you more for trading at those times?
Scottrade does not charge extra or very little differnce, within a $1 or so. Etrade does charge more than their set rate per trade. You pay .005 per share on SIRI trades AH or PM. So, if you sell 10k shares in AH or PM you pay 1/2 a cent per share or in this case $50. At first that was a big negative to me but on a nice gap of 5-10 cents its not a big deal.
I have etrade and scottrade as well. i prefer etrade. I find etrade easier to pick what lots of shares i want to sell. it is not as easy in scottrade. in fact i still haven't figured it out.
I've been quite pleased with TD Ameritrade for about 10 years now. I think their trade commission ($10.99) might be a little higher than some of the other online brokers, but there is absolutely no premium charge for AH or PM, and no limit on block size for that same fee. I use a lot of GTC plus extended hours trades and have traded right up to 8pm eastern. I frankly can't recall a trade executing prior to market opening, so cannot attest to just how early one can trade there. I will say also that they have excellent customer service, and their offerings of tracking and trading tools is second to none. Here is just one example, and apparently it is one of the few services offering free Level II:
so what re-entry points are people looking to get back in after selling?