Agreed. I'm staying in this and waiting to see what move to do next during the CC. That's my nail biting time. I'm lousy on seeing my exits.
Here's to another day of slow, steady climbing!
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I'm still "all in" that we break out above .70 for the week by the end of tomorrow. Pre-market so far for today is lookin' meh...
Looks like we are in the horse latitudes once again so far as volume goes too.
I have a little better call and that is I think he figures that he will wait till the notice of compliance comes out from the SEC to see if he can get in at a slight dip in PPS. Ether way if he isn't that is what I am waiting for. I sold some at .69 and will try for a .61 to .63 range to get those back. If not then ho well, and I figure that will be the last time to get in cheap (I should not say the LAST time with this company). I do believe it will go up from there though.
P.S. that was just a guess.
Agreed John. If this so-called notice hits this month (I cant find any info saying that it will hit aside from hear-say on this forum), I think the PPS will drop; and it will be (IMO) the last really cheap entry point to get into this stock. How much it will drop, I'm not sure yet, but I'm setting my buy price around .60. There's a good chance it could go lower, but I suck at predicting bottoms. .60 is good enough for me.
What is this Sirius Satellite Radio at Deutsche Bank Securities Leveraged Finance Conference on the 30th about? Will it affect the stock at all?
Jason what do you mean hear-say? The notice was put out by the Nasdaq about when the date of the end of wavers for being under a doller would be. Now there might be some confusion as to when the exact date is because does it start right at that time or do they get a month again to get above a dollar for 5 straight days. ether way I believe the notice comes.
Grazie don Socal!
. . as you can see Pluc, I have people . . in fact, I am told that you were also logged in yesterday, 9/9/2009 at 3:10 PM EST . . now I hope you are not logging in on "the man's" time and that you are doing this on your own time . .
Now, while socal is no doubt "a friend of mine" in this "thing of ours," his accounting leaves a bit to be desired . . as he generously wrote down the value of your debt obligation by 50%
and I don't wanna see you running to john to try and cut a deal . . he is second in line, junior subordinated debt . . . and if you try to pay him off to go away . . boom, loan covenants kick in . . you will have to then hope that John Malone comes along and is willing to take 40% of your bag of dimes as a "tribute" in exchange for a 15% loan
how do ya like these guys john/163888 . . comes along and predicts a $0.38, $0.39 and $0.41 retracement and then disappears . . but still lurks over his shoulder to see if we forgot!
we never forget pluc . . once in, you never get out
. . so that no one can later accuse me of being a big-ben, or worse yet a jon pluc, here is where I stand . .
first 6 trading days of Sept I am out of the money on my untrimmed range of $0.68-$0.78 (which Relmor will verify)
last 2 days I am in the money on my untrimmed range
I count 14 trading days left in Sept . . if I am able to stay in the money for the remaining 14 trading days . . I will close-out my thesis at 73% versus my earlier prediction of 75% (off by nominal 2 bp)
Learn that Poem . . don't doubt SRK
ho, if anybody wants to double-check anything john said this week . . . I have just noticed that homer985 is in the house (6:28 PM EST) . . he-he
[QUOTE=socalrunningfool;50906]----------------------------------------------------------------------
Julie.
LOL. Nice rant for such a fence sitter. You I'm sure should be dubbed the "peace keeper" of the board.
Hurricanes Julie I'm afraid reside in other areas. the rest of your rant is 100% completely accurate. Now let's just add the following since your scoreboard is so high.
Socal.
P.S. Back in the day. I used to frequently run on my lunch break with a friend named Dave. We would start on the boardwalk and head South, doing a loop along the beach and back. When arriving at the Boardwalk, we would state our over under for the day. Depending on the weather and time of year. Generally we would be well past ten "Thong Bikinis" in the first mile.
After that where else would I go to live. Dave recently moved to Alabama to be closer to his grandkids. However, the thoughts of thongs apparently got the best of him and he has since returned.
Here's to all the gang who fully appreciate the founder of the "bikini".
Dear Socal,
Somehow my banter just didn't seem right without my partner throwing in a
few Michigan zingers. Very few. :p
Feeling sheepish this morning :o I want to convey my apologies for such a thoughtless post concerning such a beautiful state.
You know if I were invited, I would be there in a California minute. (or is that a New York minute?) ;)
Either way, you my friend, I so enjoy our banter. But only when you are on the other end, throwing it right back.
It's just no fun playing by myself. ;)
Enjoy your day and beyond,
Julie
Sirius Roadkill, I dont have a problem with anyone making a call and getting it wrong I have done it also. What I have a problem with is someone who makes that call, gets it wrong and then comes back after weeks of silence and says I did not follow my own advise and did just the opposite, and only after the fact it was evident he was going to be wrong. It is one thing to say, hey I was wrong and will be changing my trading habbits accordingly and totally another to do what Big Ben did. What you get when you do that is noone believes what you say again even if it maybe true and that is a big maybe.
The reason for that is what Big Ben says he did had absolutely no sense or logic to it, and to believe Big Ben a lier about this issue makes absolute sense. I will just say, I have found for the most part if something does not make sense then it is not true.
Been away all week. First I have to thank JohnnyIrishXM for a hilarious recap of last week on page 1. Well done!!
The "dialog" between Satwaves, MF and SB has been amusing to say the least. The way I see it is that there has been a decline in journalism with the advent of the internet news (i.e. MF) and the decline of traditional news. I suppose it has the same fundementals as cyber bulling - say whatever you want, try to piss someone off........ Maybe I'm off base??
BTW, I refuse to go to AnnArbor.com which replaced the daily Ann Arbor News. I'll take my Thursday and Sunday "real" editions, but there is no way I'm visiting the site for local news.
Getting back on topic, it looks as if the market is "taking profit" from the previous run up as we are down about 2 cents on really, really light volume. My question to the experts is how can you take profit on a 6 cent gain? It seems like chump change to me.
I had my finger on the "buy" button when SIRI was at $0.05, but said enough is enough (I had diluted down at $0.15 and was considering further dilution). Damn, could have had one foot out the door on this thing.
First I have to ask I thought two brothers bought them out and then were going to compete with The News and Free Press with another parper next year and start to have home delivery again.
Not an expert opinion here but 9% in a week means if you can do that every week for a year the you are looking at 468% return. You have to remember it is still a sixty something stock and 5 cents is alot whne we are talking about a 60 cent stock.
cause 6 cent gain is over 10%. True, you have to sell a lot of shares for it to be real money, but, if you are day trading, you probably don't want to leave that 6 cents (10%) on the table. I just sold a little, but a drop in the bucket to my overall SIRI holdings. I'm in it for the long haul. I want a huge amount of shares for the big hit multiple when this thing breaks a buck and heads north to $3. It will happen!
Don't know that to be true, but another daily would earn this customer. Heck, I'd pay more.
I see what you're saying. I'm up 50% with SPNG, it's a nice number, but it translates to 600 bucks. I'm going to sell it to avoid the forthcoming RS, but otherwise I wouldn't. I suppose my time horizon is longer; that and I'm too lazy to be trading all the time.
This RS stuff is very interesting. Don't want it to happen to SIRI. But I hold a little of VRNM (now VRNMD post RS). The damn thing did a 12 to 1 RS yesterday and actually went up over the last two days! Surprised the heck out of me. Good news is that I didn't sell it because my risk is so low I wanted to see what would happen. weird stuff.
SPNG approved a 100:1 split. The news was met with a massive sell off, but the last two days have been green, and it appears to be working it's way back up to more "normal" sp. I appreciate you sharing a positive RS (so far); maybe I'll see it through. Like yourself, not much to lose.
Why doesn't Goldman Sachs just shut down all their computers for one week and let this flippin' stock accelerate up to where it should be?!