http://seekingalpha.com/article/1207...comment-399160
looks like the uptick rule has a chance, read and then email every1 in that article heh
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http://seekingalpha.com/article/1207...comment-399160
looks like the uptick rule has a chance, read and then email every1 in that article heh
Will this improve their 4th qtr numbers? (4.6 billion)
How much can they get back in a year?
They have the 26th as report date.
Anyone now if this accurate?
No earnings listed yet just analyst expected EPS -0.07
I think we should be better then that, I say 0.01 _ -0.03
Between cost cuts and Christmas sales, they will surprise!
Q4 2008 EarningsTomorrow
Rating DowngradeLast week
Rating Downgrade2 months ago
Sirius XM Radio Inc
NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- Sirius XM Radio (Nasdaq: SIRI) announced today that NASDAQ had granted the Company's request to issue new preferred stock in connection with its previously announced agreements with Liberty Media Corporation without shareholder approval.
just emailed my local congressman and the white house about the uptick rule, any long investor's should do the same.
here is a rough draft to use to send correspondence
to your representative, which quick input form you can find at:
https://writerep.house.gov/writerep/welcome.shtml
it shouldn't take all but five minutes...
Dear Rep. (name of your local House Representative):
On January 8, 2009, Rep. Gary Ackerman [D-NY] introduced Bill HR 302 IH in the House Of Representatives to "require the Securities and Exchange Commission to re-instate the uptick rule on short sales of securities."
The uptick rule's rescission in June 2007 contributed directly to short-sellers (including funds) being able to relentlessly "pin the bids" of stocks, such as financials, forcing stock prices lower and lower, and causing massive damage to long investors. To date, shorts have conducted endless bear raids with impunity (and will continue to do so unless and until the uptick rule is restored).
The fact that the uptick rule had not already been re-instated, in the first place, throughout the entire market crash, is downright absurd.
The reinstatement of the uptick rule is important to regular investors who hold their retirement savings in mutual funds & 401Ks. These are middle-class working people who do not trade on the short-term. These people are the majority & they need some type of protection from market short selling that destroy the value of their nest egg. Knocking down stock prices does nothing good for anybody other than a small minority of short-term traders & hedge funds that do the short selling bear raids at the expense of the majority.
In light of these difficult economic times, your support of Bill HR 302 IH would be most sincerely appreciated.
Yours truly,
Joe Siriuslonginvestorski
Thanks for the draft and the information. I will be emailing and mailing like crazy on this issue. It's time to wrestle control back from all the shorts.:rolleyes:
I will also go nuts with the emails.......Quote:
Originally Posted by Paratrooper_Rick
Who can I email as a Canadian???
Thanks for the info,i just e-mailed my Congressman about HR 302 IH..
It needs to be put back in for the rapist crack head murdering MMER's
Hey Tripps -Quote:
Originally Posted by trippingthespeculatingpos
I don't come up from "The thread down below" and post much, but I suggest that you all follow Tripps advice.
I want to add: While you are emailing about the uptick rule, ADD the comment to do away with Mark to Market. ;)
Have a groovy one,
Bill
I sent that letter to my House of Rep Dina Titus...Las vegas
Isn't it about time for Newman to start the new weekly thread? Just curious ...
Newman is on top of it....believe me.....Quote:
Originally Posted by Paratrooper_Rick
He is an RN and a paramedic. He works different hours and puts his life and soul into this forum.
How about Mark to Market? Any comments? I would LOVE to hear them, investors.
Good Man! I hope that you included the suspension of Mark to Market. In any case, that anybody doesn't know what that is...look it up on Wikipedia.com. It is where a share is not valued at its current price. They re-adjust it.Quote:
Originally Posted by SiriusHope
For instance, if you are a margin trader, you buy and sell...at the end of the day your trades have been adjusted to a politically correct price. You may owe more money than you earned....check it out.......It is hazardous to your financial health.
The changing of this can help the market big time. This is the bitch of the banks (BAC) and such..they hate Mark to Market..look into it. It is worth your time.
Bill
Wow... I'm touched Bill... By the way, the new Intraday thread will be available in about 45 seconds. =)