SIRI Intraday Updates for the Week of 3/09/09

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03-12-2009, 12:42 PM
sl62

Quote:

Originally Posted by dmo2424

so now it goes down as fast as it went up and the free riders sell as quickly as they bought. fun

You have to look at this SP differently today than two days ago. I for one am looking at this being the new low end of the range if some kind of disaster new hits. If all things are equal, we could settle in the .25's. But as far as returning to BK levels...fahgetabotit...LOL

Also don't forget GM kicked ass today by saying they didn't need the $2B for March cause their cost cuts were starting to take hold. If autos start improving soon, look for .40 in the near future. :D
03-12-2009, 12:42 PM
Sundevil

Quote:

Originally Posted by RickF

Anyone have an idea??

If past performance is indicative of future, then absofkinlutely....I'm averaged in at .59 for about 19,000 shares and kicking myself for not liquidating a few shares both times it got in the 20's this year (and then of course buying back in at .14 or less.

No crystal balls here though...such a crap shoot.
03-12-2009, 12:43 PM
mogami

.19 might be the new .15
I spanked mommy for not waiting like I told her.
03-12-2009, 12:44 PM
sl62

Also don't forget moves up come with periodic dips. You just gotta let this puppy run around for a bit. It's just been let out into a one acre, big yard... :thumbup:
03-12-2009, 12:46 PM
SiriuslyGay

I'm a dumbass for selling @ 0.165. A huge dumbass.
03-12-2009, 12:46 PM
relmor2003

Quote:

Originally Posted by sl62

Also don't forget moves up come with periodic dips. You just gotta let this puppy run around for a bit. It's just been let out into a one acre, big yard... :thumbup:

Sound advice. .19 is gathering support now. Good sign.
03-12-2009, 12:47 PM
relmor2003

Quote:

Originally Posted by SiriuslyGay

I'm a dumbass for selling @ 0.165. A huge dumbass.

No your not. Be alert. Wait for a pullback.
The game is changing. New rules now to trading this. Still must clear and hold .20 cents.

Ok looks safe to buy above .19 now. IMVHO. If you HAVE to add here, you might want to take a chance. Still do not recommend selling.
03-12-2009, 12:48 PM
RickF

Quote:

Originally Posted by Sundevil

If past performance is indicative of future, then absofkinlutely....I'm averaged in at .59 for about 19,000 shares and kicking myself for not liquidating a few shares both times it got in the 20's this year (and then of course buying back in at .14 or less.

No crystal balls here though...such a crap shoot.

Thanks Sundevil!! I will put in an order if it does - perhaps even at 18!

Siriusly rolling along!!!!!!:)
03-12-2009, 12:48 PM
mogami

I know it sucks that .02 is $1000 on 50k shares. Us poor people hate to lose money when it goes down but it really hurts when we lose it when it goes up.
03-12-2009, 12:48 PM
Sundevil

Quote:

Originally Posted by mogami

5 million sell at .20 is bad. We want 5 million buy at .20

Makes sense...5 million is a big nut to crack..Mel, plop down another $mil and lets get this show on the road...

I am seeing less and less buyers at .18 though.
03-12-2009, 12:51 PM
Sundevil

Quote:

Originally Posted by SiriuslyGay

I'm a dumbass for selling @ 0.165. A huge dumbass.

No heterosexual in his right mind would have sold....Just kidding..Don't beat yourself up too bad.. You may have another opportunity. It is a long time until Q1 Results.
03-12-2009, 12:51 PM
SiriuslyGay

Quote:

Originally Posted by relmor2003

No your not. Be alert. Wait for a pullback.
The game is changing. New rules now to trading this. Still must clear and hold .20 cents.

Ok looks safe to buy above .19 now. IMVHO. If you HAVE to add here, you might want to take a chance. Still do not recommend selling.

I can't add. I'm on that T+3.
03-12-2009, 12:53 PM
sl62

Quote:

Originally Posted by relmor2003

Sound advice. .19 is gathering support now. Good sign.

Love it guys...
03-12-2009, 12:53 PM
SiriuslyGay

I would have broken even at .205. O well. I'll buy in @ .25 if that's the case. I will buy some today though. I am wiring 10k to my account.
03-12-2009, 12:54 PM
sl62

Quote:

Originally Posted by SiriuslyGay

I can't add. I'm on that T+3.

Everyone is T+3. You can do 3 round trips a week if you need to and still be legal...
03-12-2009, 12:55 PM
MLSiri

Quote:

Originally Posted by mogami

OK .20 is "Hamburger Hill" .21 is "San Juan Hill" .22 is "Mt Suribachi" etc
Men we must take these hills.

Mogami, each hill will be taken at the tactically appropropriate time! I've got a few RPGs to use when needed because we are encountering some light resistance - now at .1900. Take the point and recon Hamburger Hill.
03-12-2009, 12:56 PM
SiriuslyGay

Quote:

Originally Posted by sl62

Everyone is T+3. You can do 3 round trips a week if you need to and still be legal...

Not with Zecco apparently. They let you buy and sell, then you have to wait 3 days to settle to buy again. Some brokers allow you to buy after the sale, but you can't sell for 3 days.
03-12-2009, 12:57 PM
bananaz

I was in a meeting all morning. What a nice surprise! :)

I can understand the temptation to take profits (or minimize losses) on this stock when you can get them, especially since you never know when this rally will end.
03-12-2009, 12:58 PM
SiriuslyGay

Also, I thought with margin + 25k you are allowed any amount of "round trips" since you are considered a day trader?
03-12-2009, 12:58 PM
relmor2003

Quote:

Originally Posted by bananaz

I was in a meeting all morning. What a nice surprise! :)

I can understand the temptation to take profits (or minimize losses) on this stock when you can get them, especially since you never know when this rally will end.

News is in. This is legitamite buying. The street liked the CC, news about the Iphone, and accepted no guidance. Well see though. Never trust the MM's. They could be playing the CC still. Im neutral right now at .19.

Volume is no coincidence though.

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