SIRI Weekly Thread for 8-17-09

Ben is this the start of the second financial meltdown you foretold?

Last trade AH .5499.

Not too bad considering what happenned to the overall markets last 2 days. I think we continue the trend through .57 and right up to .63 in the coming days.

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Originally Posted by sxminvestor

Last trade AH .5499.

Not too bad considering what happenned to the overall markets last 2 days. I think we continue the trend through .57 and right up to .63 in the coming days.

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Market perform ? Can SIRI keep it up ? The higher it gets the thougher will get to keep pace...

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Originally Posted by imromo24

Ben is this the start of the second financial meltdown you foretold?

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Nah... No second meltdown, just a correction...

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Originally Posted by sxminvestor

Last trade AH .5499.

Not too bad considering what happenned to the overall markets last 2 days. I think we continue the trend through .57 and right up to .63 in the coming days.

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Interesting how it was at .54 selling in 5k lots for the last few minutes, then with the last trade in AH, 400 shares sell for .5499. I wonder why this really happened. Why would these 400 fetch .5499 rather than .54 . . .:confused:

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Originally Posted by JohnnyIrishXM

if i had to guess,i would say yes...closer to .65 than .40's IMHO...

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Don't guess (gamble)...look at the charts...weight the market in...perform an analysis... Is it going to 0.40 or to 0.65 this week ??? or will it simply...zzzzzz ?

Well ???

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Originally Posted by candleman

Back up to .545 on good volume after just 40 minutes.

I think we are just following the broader market today and the decline is not specific to any fundementals of Sirius.

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It followed the market with some resilence... tomorrow is the real test if the market rebounds...

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Originally Posted by candleman

SoCal, Totally agree on ETFC. I've been watching it for a couple of months and it doesn't look good!

Siri is behaving like a big boy today. Yes, we've dropped 5 or 6%, but so have Alcoa, Catepilar, Home Depot, and the likes. To me, this is positive news for SIRI. In the old days, it would have dropped 10% or more after the recent runup.

I think today is a buying opportunity for SIRI and the broader market.

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And this is good news ?

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Originally Posted by imromo24

Interesting week this should be, what direction is siri headed, news at 11:00 (ok 4:00 and 8:00)

I saw a headline that futures are down and today is going to be bloody. Usually siri doesn't follow the overall market.

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I agree, it doesn't...its a penny stock...any gains or losses are usually magnified.

I just could not stay away! :D

I'm back in!

And, I'm lovin' Chicago. ;)

:)
Julie