keep in mind even on days where SP is up from previous close it is below the opening price. Lets see if that trend continues.
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keep in mind even on days where SP is up from previous close it is below the opening price. Lets see if that trend continues.
Rel..
Good advice! And remember...new buying is what defeats the hedge. All we need is a little more sustained buying and they will give up the .43 stronghold. After which we head up to their next fort at about .56. I said last week you could see a delayed reaction to the Miller Tabak new price target of .50. I see them giving up the .43 position this week...I mean sooner than later they will have to give it up if not this week. They know they can't hold it forever. It's a new day for SIRI SP. The sells related to the hedge that are interjected (naked or not) can only work in the absence of real buying. Given that thesis, I have no problem believing many of the strategic strongholds set up on the way down (when it was like taking candy form a baby) will fall in time. I am confident of this. So far, the SP is behaving exactly as it did going back up as it did coming down. I'm not worried cause I don't see anything out of the ordinary...Hang in there all...:D
I'm sure some smart money was waiting for last weeks pull back to see where the pig was headed to help them with their decision to buy. Very important. Though we traded in the .20's, WE NEVER CLOSED BELOW .30... IMHO, this is VERY bullish. This is what smart money wanted to see.
.34......................
Sirius XM Radio Inc.
Mar. 20, 2009 Market Close: $ 0.31
Pre-Market Trade Reporting
Pre-Market
Last: $ .34
Pre-Market
High: $ .36
Pre-Market
Volume: 1,307,626
Pre-Market
Low: $ .31
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
09:18 $ .34 24,000
09:15 $ .34 3,100
09:14 $ .34 3,000
09:14 $ .34 100
09:14 $ .34 2,200
09:14 $ .34 786
09:14 $ .34 9,214
09:14 $ .34 3,000
Morning all..................... got a hot cup of coffee, and are waiting for a "norther" to blow in by tonite. I'll take it in rain please. Might get lucky, it's 34 D. here now and sposed to get warmer. Prices up nicely. That FNM I bought friday is up .30 . .......................... and I can't sell it for three days.......... my luck. Oh well. ....killer.
so far geitner has been good for my FNM shares.... I hope he keeps it up.... I don't care what anyone else says... I'm double what I got in at... down in the .50 cent range.......Quote:
Originally posted by killer
Morning all..................... got a hot cup of coffee, and are waiting for a "norther" to blow in by tonite. I'll take it in rain please. Might get lucky, it's 34 D. here now and sposed to get warmer. Prices up nicely. That FNM I bought friday is up .30 . .......................... and I can't sell it for three days.......... my luck. Oh well. ....killer.
Maybe I should play some .50 cent rap this morning as my theme song.... not that I have it amongst my CCR/Skynard............
No offense but I believe Mr. Bill Hart and others discuss their day trades on the "Daily" Intraday threads. This is for siri, no? Honest no offense but I've noticed a lot of chat about other stocks. But hey I'm not the moderator... thanks and congrats on your FNM trades
I don't mind talks of other stocks as long as it's not excessive. Great job on FNM killer, I knew it was going to go back up! I think it'll be a big week for FNM/AIG/C/BAC, going to see if I can get a piece of the pie later today.
Hopefully SIRI can make a nice run today as well...