Good Morning all,looks like we are heading back up,maybe .59ish,with a range from .55 to .59 and med vol around 40mil...feels great as candle said to trade like a better SXM with alot of institutions buying in..
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Good Morning all,looks like we are heading back up,maybe .59ish,with a range from .55 to .59 and med vol around 40mil...feels great as candle said to trade like a better SXM with alot of institutions buying in..
I agree with you 100% candleman. I've done a lot of short-term trading of SIRI since the beginning of the year, but I am now holding long. I expect SIRI to achieve $2-3 over the next 24 months.Quote:
Originally Posted by candleman
Yea, it's tough to make any money on the swing trades anymore. The darn stock just keeps going up....:cool:Quote:
Originally Posted by proactiv
Ya, Im backing off on trading now, to share retention now. And accumulating when given the chance till Aug 26th at least.
Is there something special happening on the 26th?Quote:
Originally Posted by relmor2003
Yes,SXM sent out private invitations to media or whoever ,they are having some kind of expo on Wed. August 26th, about the new products being introduced that Mel said would be comong in 2Q CC..Relmor thinks it will be a run up to then and then after the storie swill probably start floating about the delisting notification letter due on the 3rd of sept..and maybe a pull back..Quote:
Originally Posted by candleman
Thanks Irish. I still don't see the delisting notice being anything more than a small headache.Quote:
Originally Posted by JohnnyIrishXM
It would be really nice if there was a product or service being announced that would actually create some more cash flow. If that happens, we won't be floating, we'll continue to rise.
If rumors of the docking station being presented that turns every smart phone into a sat receiver,then yes it will be a huge GAME CHanger for rev.Quote:
Originally Posted by candleman
Don't kid yourself,the delisting letter will hurt,as it might scare some people off from buying for fear of a R/S..But think we'll be over $1 before x-mas,so it won't matter,but we already know trhat,others don't..
Media has now passed up one chance to pound this company, the aug 3rd date, when the clock began for the 30 days. Nothing. Makes we wonder if they are just saving it for sept 3rd, to combine with a coordinated MM takedown, that fills that .45 cent gap. Then we trade and drift back up again into Q3. Maybe were in the .60s or .70s by that conference call, and Q3 report allows us to finally challenge $1. Wow, I went way further there than I meant too. LOL I got a little excited. But that .45 gap might just be a dangling carrot, and im not trading 100 percent on that occuring, in fact, I hope it doesnt occur. Thanks Irish, that was exactly my thinking. You said it perfectly.:DQuote:
Originally Posted by candleman
Nice post. I agree with you.Quote:
Originally Posted by JohnnyIrishXM
Well the last of the major players in the investment world is now on board with SXM stock,Morgan Stanley just added 16 mil shares in /June..check out mffais report ending on June 30th...i'm sure more have been aquired since then by these and others in July and August,this web site is always 6-8 weeks behind in reports,but only one to trust IMHO..Inst. and mutual funds have 45 days to 60 after q ends to file holdings..
http://www.mffais.com/siri
VERY VERY BULLISH
Im very much looking forward to this, i hope they open the door to some new technologies with the new satellite...how is that sat doing anyway?Quote:
Originally Posted by JohnnyIrishXM
Man i would totally love to see lyrics and cover art for the song playing PLEASE!
fifty seven and half cent by lunchtime.
By golly, I think this is the highest we've been in nearly 11 months.
It does feel good!
I will say this for the first time it looks like SIRIXM is following the market differently then before. For instance when the market gos down in general SIRIXM does not go down as much and when it gos up it has been going up by more, and it does not take dramatic moves in the market for it to move like it did before.
Quote:
Originally Posted by candleman
You mean for any real period of time remember it was at .63 for a litlle bit.
You're right John. I had forgotten about that momentary spurt.Quote:
Originally Posted by john
And you're also right about it behaving like a real stock again. This is the way that it used to behave, back before we got so deep in debt with the merger.
It almost feels like a euphoric pipe dream. If it is, I don't want to wake up!
Quote:
Originally Posted by candleman
Iseg is buying here 120k at .577, so .58 likely going to fall soon.
Last time before Friday August 14th 2009 close of .5664,we closed above that mark was Oct. 8th 2008 at .58,been a long time coming....
I posted the last year of SP in another thread earlier,just for these Questions and when we will hit a new 52 week high?
A year ago today, we were near $1.49. We took a quick trip downhill starting right about then.
Your correct, because we were waiting for Mel's infamous post Labor day meeting that kicked off the next wave of short-selling.Quote:
Originally Posted by candleman