Don't take a loss. It will come back even if it goes to $0.05 per share, it will come back..........Quote:
Originally Posted by Tabor
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Don't take a loss. It will come back even if it goes to $0.05 per share, it will come back..........Quote:
Originally Posted by Tabor
NEVER MENTION HOW YOU SOLD SHARES AND ARE HAPPY BECAUSE YOU ARE GOING TO A DANE COOK SHOW. DIE DANE COOK DIE. Just like MMs sucker you into panic selling, Dane Cook suckers you into forking over way too much money for completely unoriginal unfunny "comedy" I repeat: DIE DANE COOK DIE. You should ashamed you are going to HIS show...
LOL
Quote:
Originally Posted by relmor2003
When i opened my Scottrade account this morning at about 9:35 a.m., it showed i had lost over $12,000 from the previous day......:mad:
0.39 is the next support level - if your looking for a buy price, unless you target the previous high, which was 0.40 (which is also a cent higher than the short term channel so that's also where you would likely be safer to enter for the 0.39 target), but that hit once today - but also look at the general markets too - JPM and GS are posting new lows - financials are leading the markets, futures trading were down for the day - and charts for SIRI (at least on the 15 min, 60 min, and daily are downtrending)... I'm looking to get back in, but at a more solid buy point. Patience and planning. If you are long, then stay a long and don't let the daily action get to you. I've tried various trading and investing styles and can tell you that its better to take it on the light side until you figure out your style and then learn how to trade it. Then bump up the numbers - trust me, I've been there. ;)
When is the earnings report due and what are your projections?
I rather enjoyed this post lol, such strong hatred towards someone you don't even know lol!
Cheers,
Long SIRI
Quote:
Originally Posted by dmo2424
Financials booming - you may get a bounce here...
Here it comes - resistance is 0.44
Something tells me this selloff of siri related to the proxy statement released late yesterday about seeking shareholder approval to issue more shares and renew the R/S authorization. It's BS, because it's nothing new nor unexpected. But, the rabbits are selling off, fearing R/S. Hopefully, positive news from SIRI management in a week or so will propel this stock way past .60s. I'm long and holding on for the big move up. Who's with me? Like Will Ferrel in Old School, streaking down main street..... LOL!
Indices are green - you may get some support here...
(I'll quit bugging you guys)
Thought I was gone... so earnings are next week? What does R/S mean?Quote:
Originally Posted by underway
just bought 2500 more at .44, oh well im a sucker:(
1Q earnings report date hasn't been announced yet,but it must be by May 15Quote:
Originally Posted by Dr. Dave
R/S is Reverse Stock split..
If you want to read about strategy for R/S go to Freedom thread and on last page Homer talks about what he and also I think will happen with added dilution in Proxy statement and R/s timing..
not to sound sarcastic..you are giving advice on buy/sells and did not even know what R/S meant????Quote:
Originally Posted by Dr. Dave
Thanks for the referral to Freedom post. Interesting, but don't really agree. The comment about using increased shares for debt swap is correct...that was actually stated in the proxy as mgmt's strategy. But, I do believe yesterday's drop and today's as well, are based on unfounded fear of R/S. The run up to .60s was based on something...not sure what. Perhaps as stated earlier by others, was predicted by the charts, hitting 200 DMA. So, something brought it down like a rock...I'm guessing the proxy. That news was out there before it hit the wires, which is what Homer said he has seen before, and I agree with that. JIMHO.Quote:
Originally Posted by JohnnyIrishXM
I know there are pullbacks, and I know the market tanked yesterday. However, this R/S talk and dilution talk is ridiculous and completely unfounded. This just tells me that most of the people that got in between .40 and .63 cents a share aren't really in it for belief in the company at all. So, all you guys hoping for a solid stock performance in the long run like I am need to wait for some more credit upgrades or announcements from SIRI, becuase right now its just all the day traders and their 23 cent highway festivity playing on our emotions.
The take down was simply a sell point of .63,Example:not sure when but i think alot of people bought siriousXM around last oct at .63 and then held toQuote:
Originally Posted by underway
.05 with BK scare,so naturally when it gets back to even for them they all panic sold at any price,(rough est for talking purposes)also known as resistence points,plus you have other people taking profits...
Positive news from management? Outside of a forced communication? Never seen it. Not in over 1.5 years now. Thinking...... From management......Quote:
Originally Posted by underway
Nope nothing. Your hoping for an event thats never happened. Good luck with that. SiriusXM has showed their hand again. They dont want this stock to take off. Why? Read 1.2 years of my posts and others, and you can get some clues to this.
Exactly,that is the game of MM's,they want shares cheap for the slow run up so they trap profit takers,doesn't affect me as a long because it is normal up 2 steps down 1,up 1 step down 2....Quote:
Originally Posted by Txstate 10