wow, so were going to close red going into the CC?
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wow, so were going to close red going into the CC?
obv the pros aint gonna let the retailers get the best of them. this is the dip i said wouldnt suprise me. check a/h might rise. might even rise through cc tomorrow and start a retrace later in the day. who knows. then we have 3 whole months of consolidation until the next CC!!! the cycle continues.Quote:
Originally Posted by imromo24
i am not loving todays candle. its a very bearish sign. but will still need confirmation tomorrow.
hey johnny , hope you're enjoying the shore.
I admire your situation on the beach, candleman! Nice.Quote:
Originally Posted by candleman
worst case scenario, the run up is over and they started the takedown a day early. must be nerve wracking for the siri traders. i feel for you relmor. GL
Hmmm.....insider (Greenstein) just sold restricted stock on 8/3 and 8/4. That's not good. He knows something and dumped when he could right before the CC. Remember, one doesn't have to sell restricted shares or exercise options when they vest. If you're an insider at a company like SIRI, selling the eve of the CC does not send a good signal.....unless......he really needs the $ to prevent foreclosure or repo of his new previously owned Sirius equipped Audi! LOL.
Quote:
Originally Posted by underway
stop the panicking. it was a planned sell. i think the reason was to pay taxes on his other shares he received.
How would you know that? That's good if it's true.Quote:
Originally Posted by bassmaster
100% out of siri at .527 after hours, fck it, why not
took me 6 years to get back to even and now i am
looking for sub .45 now
I was once a SIRI holder. years and years back. Made some good money. I was then again a SIRI holder just a few months back. Once again made money. This stock for some reason cannot get out of its own way. Someone doesn't want it to move.
If you're looking for a good stock to buy, look at ASFX. There has been a two week bottom that has been reached. .0021 is almost impossible to buy at since there is such a strong hand.
Patience no this one will pay off tremendously. The company offers a product that is useful during the flu season and pretty much every healthcare across the world.
The product sells in Walgreens and other stores.
Sorry to be coming into a SIRI board and promoting another stock, but my past experiences with SIRI has lead me to believe that no matter how high we get, someone always takes it down.
If a good earnings statement comes out tomorrow then you will most likely see .70 at best. My suggestion is to sell at that point. No matter how strong of a "LONG" you are, this one is going to get taken down again back in the 50's. From there it will move into the 40's and find a strong level there. It moves up each time and sits there until news or earnings. I'm not the smartest trader, but its common sense when you watch this stock every second of the day like I do.
Insiders have to pre-plan their sales (xxx shares on such-n-such date). Otherwise you have the situation that you are concerned about. And they can get into trouble for insider trading. ;)Quote:
Originally Posted by underway
right, but when is the plan formulated? I find it interesting to have it coincide with the eve of the CC. So, if it were planned two years ago, ok, that is good. But, if it were planned 6 months ago, that's not cool, as it shows lack of confidence. but, who knows.Quote:
Originally Posted by RunCatalina
I'm still optimistic for SIRI....have a lot of shares, long. I think it will go up after CC tomorrow actually, as I've been saying all along.
In looking at the various filings (Greenstein, Altman, Meyer, Frear) . . I believe these are the "incentive" shares that were issued in lieu of hard-cash bonuses . . they are not recorded as offsetting a tax liability . . those are normally done earlier in the year . . but, in any case, the "disposal" date would have been preplanned . . not a signal telegraphing the cc
Thanks for the info....but I'd love to know how far out they were pre-planned. Ya gotta admit....a pretty weird coincidence to have happened one and two days prior to the CC. just sayin' :)Quote:
Originally Posted by Sirius Roadkill
1. The restricted stock units vest in twenty tranches on: 5/20/09; 6/4/09; 6/18/09; 7/8/09; 7/22/09; 8/5/09; 8/19/09; 9/3/09; 9/18/09; 10/2/09; 10/21/09; 11/4/09; 11/18/09; 12/3/09; 12/23/09; 1/6/10; 1/21/10; 2/5/10; 2/18/10; and 3/4/10. The Company has reserved the right to accelerate the vesting of these restricted stock units. (Employee) has adopted a 10b5-1 sales plan pursuant to which he/she intends to sell the common stock received by her on each of the vesting dates.
I believe the options were issued in May 2009
As always I am the voice of reason here... This time is not about SIRI but about the thread.... You obviously picked the wrong week to start the weekly threads again.... 12500 hits with 414 posts and counting ...Quote:
Originally Posted by imromo24
intersting vesting schedule....like every two weeks. I've never seen that. Usually they vest annually, or after even 2 or 3 years.Quote:
Originally Posted by Sirius Roadkill
thanks for looking it up.
Who's going to catch the falling knife ?
my guess is that it was done that way because these were issued "in lieu" of hard-cash bonuses instead of "in addition" to bonusesQuote:
Originally Posted by underway
you're right about normal vesting timing . .
if they had allowed that in this case, however, it could have had an adverse effect on SP so they probably spread it out intentionally so as to minimize the impact . . imo only . . dyodd just to be safe . .
but I am taking it as a SP neutral event . .
OMG... we really got creative with the user name didn't we ? RunCatalina ?Quote:
Originally Posted by RunCatalina