SIRI IntraWEEK Thread 08-03-09

5 minutes to the next run

hey romo . . . you'da man!!

LMAO, LMAO

Never even knew there was a 30 sec rule . . lol

where do we get the little laughing simley faces??

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Originally Posted by imromo24

thanks (.65)

we hit .60 within 15 minutes this morning, no reason we can't do it in an hour to end the day

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I am with you on that.

I think there is a chance that Mel and co. found a way to save that (.01) per share and overall eps comes in flat 0. Given he and the content manager just got a boatload of options right before earnings report, there has got to be a surprise in here somewhere. Otherwise Mel wouldn't have settled on .43 as the option price. We have been lagging sub .43 for months. He isn't going to sit around at that level.

Just IMHO

uh, oh, headed down

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Originally Posted by TSavery

This is just my opinion.

People need to enjoy this run-up, but be grounded in a few things:

1. There is no real news driving this run-up.

2. There is typically a run like this prior to the call.

3. The call will be a mixed bag, and there is typically a retracement.

4. Solid moves on volume cofirmed by solid moves on volume show strength.

5. Watch to see if the equity can hold the move in the afternnon, and through the conf. call.

Good luck everyone, but watch things closely

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ok. I'll play devil's advocate on # 1.

Yes, there is no real microeconomic news from the company in specific, true.

However, if you are a forward-looking investor, which for me is 2Q's out, there is a veritable slew of positive macroeconomic news that "could" be helping to lift the share price or at least support momentum.

Unless there is surprise bad news in the CC tomorrow, most of what they will report is already well known or reasonably well-anticipated . . I am no longer trading on that news . . I am trading on CFC, CPO, improved economics of new GM deal, housing mkt bottom, improved FICO scores and the Sarah Palin signing as reported here first by Tyler M. Savery!!

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Originally Posted by imromo24

5 minutes to the next run

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You didn't specify that the run was going to be down

I think I'll take down my sell limit of .70 :( I was shooting for the stars on that one.

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Originally Posted by toxdoc

You didn't specify that the run was going to be down

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Yeah Romo, make sure you mention direction the next time!:rolleyes:

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Originally Posted by toxdoc

You didn't specify that the run was going to be down

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hmmm, is this Dr. Wecht? (jk doc)

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Originally Posted by toxdoc

You didn't specify that the run was going to be down

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fck me in the goater! :mad: