SIRI Intraday Thread: Friday April 24th / Weekend Edition

Quote:

---

Originally Posted by airman

I think you are missing the point. If it does retrace that far it will rebound even harder .... I am a big buyer at <.32 as well.

We are close to it breaking through the 200. I would not be a seller at the 200 becasue when it breaks through it will breakthrough with vigor most likely. That is probably coming sooner than later. So if it dips as relmor says it is a gift from the gods.

---

Ya, what he said. No then you dont read my posts. I am not a finacial advisor, do your own due diligence, and this is all my opinion. But since you DONT HAVE any sell stops on your core, then you wont be a victim. Remember, I dont use stop losses, only manual stop losses on day trades only. That wouldnt be a daytrade. I would be buying on dips, not selling, because I have no clue where the reboud would start. You would make out like a bandit. Other stop losses might be triggered, but not mine. Also no one should be buying on margin, as thats just crazy.

Relmor, do you still suggest to average down at .40?
My current average is $1.50

Quote:

---

Originally Posted by Far Away

Relmor, do you still suggest to average down at .40?
My current average is $1.50

---

Unfortunately I dont know your risk tolerances. Only you do. I would take everything you have learned from posters, SEC filings, and competent writers, and use that to form a buying and selling strategy to your likeing. I would never directly recommend anyone make a buy or sell. I just try to post when I do, or when I feel might be a good time to add, or shave. I think your average is unreachable however. IMVHO. At least before the R/S. Then it might dip after the R/S(tons of people will buy calls, causing the options houses to short the stock to cover), it will go down, then Im expecting the stock to take off from there. No if it hits .80 cent area, I would start shaving. I am.

Pardon my ignorance, but why would tons of people buy calls in the case of an R/S? I assumed the strike multiplies at the same ratio as the stock?

Quote:

---

Originally Posted by thetree

Pardon my ignorance, but why would tons of people buy calls in the case of an R/S? I assumed the strike multiplies at the same ratio as the stock?

---

Because they can. Now they cant. So you instantly have 100k stockholders who may want to purchase calls. If even a small percentage do it, the shorting required would be significant.

buying has been looking good since round 11 est, hopeully we can close over .4444433323221

forget what i just said pfffff

Quote:

---

Originally Posted by trippingthespeculatingpos

forget what i just said pfffff

---

Can't, just like that one time I saw that poor handicapped cousin soiling and laughing hysterically to himself. I'll never forget that moment...and now this moment will live in infamy...

Good chance we can get a .40 cent buy to fill today. I have a buy there. Come on ISEG , give daddy what he wants.

Hi everybody, I received a free report from vectorvest. Does anyone know them ? They have a price target for Sirius of .03 , can you believe that ?