I have scottrade and I saw after hours a 497,000 trade @.157
I don't see it on Nasdaq, what gives?
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I have scottrade and I saw after hours a 497,000 trade @.157
I don't see it on Nasdaq, what gives?
ya know what i find encouraging...the yahoo mssg board is not filled with all sorts of people predicting a huge run up tomorrow. Normally, a little good news and this crew goes ballistic with all sorts of crazy predictions like "1.50 at the opening"...or "here we go"...or "up from here" etc. every time you get that stuff on the board, the stock does nothing the next day. so maybe the contrarian position here is that tomorrow the stock may actually move up a bit...
sure would be nice...
RMAN:i got it from NASDAQ site..
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Some of the biggest news today-the SEC may reinstitute the uptick rule. This will cut back on some of the shorting.
SiriusXM - Jason, that was cost from the merger that was something homer and I disagreed with him on. I did not think it was going to be that much but he did. That is why I had a 200 million estimate on FCF. I figured most happened in the 3rd quarter. I guess not though.
Yes, we have been hearing that all day, but thanks....
I have some news too, in case you have not heard, the U.S. Senate passed the putrid 410 Billion dollar pork laden spending bill.
62-to 36
Obama will sign it as soon as the dumptruck get's to his desk.
The market will just love this news....just love it.
Nice run up today, but it ends tomorrow if I am right about this.:(
John, he was supposed to be in control of those costs. He even layed a few people off, but apparently not enough. The street usually discounts one time extraneous expenses, like the impairment stuff, but still we missed.
They can try to spin the top, but investors will retaliate as I did.
I expect a mess tomorrow. The Senate passed that crap in the dark and Obama will sign it. The gold bugs will be back out in the AM.
Not a happy camper.......but I did make some dough on a financial today, sold it tonight.
Why are people saying this was a bad quarter the only bad in it was the net adds. Yes they were bad but considering the economy, I dont think they were all that bad. At the very least they still did something many other subscriber based companies were not able to do and that is grow and not lose a shit load of subscribers. If these metrics get carried into next year you are looking at a pretty good year for them.
Wirestripper, I dont think you understand, it was all the lay-offs that caused that number to balloon. It was the severence for all the paid talent and the rest.
As an example, if someone has a contract for the next 3 years they were possible given 25%+ of that pay as a release in a lumb sum payment all in the 4th quarter
I saw this in the filing:
"Other expenses increased by $159,815 or 72% as compared to 2007 as a result of higher interest expense and loss from redemption of debt during 2008."
Not sure what exactly the interest or how much was redemption of debt (I read redemption of debt to be bad debt write offs?). Not sure if it was really merger related costs, but it seems your 200 FCF estimate would have been accurate but for this unexpected cost.
Well, when I took severance charges, I put them in the following quarterly and discussed it with the board. I knew about it, in other words.
I think what happened is that he did not expect the lowered sub numbers and was basing expense on a higher figure.
As for the future, it was after the fourth quarter that Detroit's numbers fell another couple percent. I think we are down to a 10 SAR. The major beancounters are now saying that there will be no recovery to speak of in late 2009, so they are pushing it all to 2010.
I could not take another year of red ink on my portfolio page. I had to yank the trigger. I broke even/steven. Maybe spent 10 bucks, I don't know, cuz I made a lot of buys to bring the basis down.
I thought about buying another financial for in the morning and then I saw the Senate on C-spam passing that bill and I cancelled the buy.
I guess I'll just watch and see what happens in the AM.
I feel real bad for the folks that could not average down as I managed to do. I don't know how much longer they can wait, but if they can wait a year, It might pay off. if I can buy back in at 11 or so, I may well put some aside for 2010.
.1496 close at 4:00 pm
.1475 close in post market which closes at 6:30 pm
.157 close in pit trading which runs from 6:30 to 8:00 pm. These guys are the ultimate insiders.whi h 4.9% higher than the 4 pm close.
Cant wait till the morning
Gotta love the optimism! Sure do......
That was a single trade of half a million shares. It was the market makers setting the stage but it has not been working for several weeks. They run it up and allow some big trades in premarket for their buds. It's just business....
The 15.7 will then go below the line and from there I can't say exactly. But I suspect there will be a new entry point made in the low teens or tweens.
Guys...
Here's my problem with the AH action. We closed the session @ .149 and closed AH @ .157 (which was a sell cause the ask was .158). That's les than a penny! This type of pop (or not) is not the stuff of optimism. This reminds me very much like Q3. Same MM trick, cause then SIRI BEAT but the other stuff loomed. All I will say IMHO is that if the Street liked this, AH would have closed @ .19 ish. What bothered me the most is the surprise release. I swear as long as I've been in this game, the only time this happens is when there is something to hide. These things just look too suspicious to the Street. And to do it on the heels of the Maffei int. just looks worse. If SIRI would have stuck to their 17th statement, I was planning on holding through. This threw me for a loop. Now I'm not saying the SP is going to be taken out back but AH result does not bode well. I will be shocked tomorrow if this SP pops on this in a significant way. I hope I'm wrong. I'm not trying to be negative, and I don't want it to go lower. I will just as easily be buying back in this tranche @ .16 or .18 if I see good support. But just my opinion from experience. Maybe all that is out he window here since not much else is making sense either lately right??
OK Brandon..
So let's get your cards on the table here. So what are you predicting exactly? BK? When you say unsustainable, describe exactly the picture you expect to see resulting from Q1 from this company...I'm not trying to beat you up here and as you know, you're entitled to your opinion. I just want to be clear where you stand...I don't mean specific metrics. Just give me a few sentences of summation..big picture,if you don't mind. thanks.
even at these prices a few pennies one way or the other does not mean much cause u can buy a lot of shares at such a low price if u are bullish on the company.
i read entire Q report. the only bad news was the low subs for the 4Q and the loss of .08 vs the streets expected .07. i will watch the premarket trading. if up, it will open higher in the morning at 9:30 and then the number of buyers will trail off and then price falls around 11:00 a.m. and i will buy after that. if the above does not happen, i will not buy. i will also closely monitor the volume per trade to make sure the big guys are buying and not us joe6packers.
Wednesday afternoon we may see wall street pundits to publish their findings and recommendations. most certaintly they will publish their guidance Thursday late morning and afternoon after the conference. u can listen to the conference at the below address.
http://investor.sirius.com/
i sold at .10 125K shares and bot back 110K shares at .08 for a profit. i want to get back to 125K shares in hopes of one day selling the 2.50 call options. that is the only way to make back money.
it is possible we may have seen the bottom. the Liberty CEO says he will make sure the company can pay all debt when it comes due. that is our lifeline. if the company can make it past this year the positive cash flow will be huge. this remains a once in a lifetime opportunity to make enough money to change your entire life style. for me it means paying off on a waterfront condo in miami. that has been my strategy.