SIRI Intraday Thread: Thursday, March 26th

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03-26-2009, 10:17 AM
relmor2003

Quote:

Originally Posted by Brandon Matthews

I still cant decide. Huge volume this morning. Chart looks like a person having a heart attack. The battle of supply and demand is getting fierce. I'm thinking this is a shakeout pattern develping. It could catapult us up or down, depending on the victor. WOW!

We want low volume Brandon. Go look at my chart, I reposted another on yesterdays thread later in the day. Near the end of the day. Low volume will trigger a direction.
03-26-2009, 10:17 AM
mogami

Quote:

Originally Posted by bababoooie

Looking into my bowl of Cheerios I see a .36 -.39 range today.

WOW I looked into my bowl of Cheerios and all they told me was "OOOOOOOOOOOOOOOOOOOOOO"
03-26-2009, 10:18 AM
bananaz

Quote:

Originally Posted by Brandon Matthews

I'm glad to be here too. Welcome by the way. Getting laid off of my regular job has its perks. I'm back to working when I can rather than all the time.

The dilution is priced in. Convertibles are priced immediately and dilution is assumed when they are issued. (..on a fully diluted basis)

The market decides the market cap. There are still many variables. Q1 will probably be awful, but I think thats already priced in as the market looks towards Q2 and Q3 for an auto recovery.

Agreed on everything but I worry about the availability of auto loans. I hear horror stories every day about people with great credit scores being turned down for loans of all sorts. Once credit frees-up, the rest of the dominoes fall into line for Sirius, and everyone else. Congress needs to give the banks a little encouragement, not threats of execution.....
03-26-2009, 10:20 AM
Newman

Quote:

Originally Posted by mogami

WOW I looked into my bowl of Cheerios and all they told me was "OOOOOOOOOOOOOOOOOOOOOO"

So you are saying this stock is dead?

Or just your cheerios?

I don't understand!!

I am hoping the pattern holds today. I am looking at taking advantage of it.
03-26-2009, 10:20 AM
Keiser34

Anyone else thinking of buying today? Best case scenario we looking at .33 or do you feel a retrace to the high .20's is possible?
03-26-2009, 10:23 AM
Newman

Lots of blocks trading at weird prices multiple times... 6368 and 6369 blocks traded like 8 times each, 364 share blocks multiple times...

It has to mean SOMETHING. There are not a bunch of people out there buying these odd blocks all at the same time.
03-26-2009, 10:24 AM
mogami

Quote:

Originally Posted by Newman

So you are saying this stock is dead?

Or just your cheerios?

I don't understand!!

I am hoping the pattern holds today. I am looking at taking advantage of it.

Hi, Those are not zeroes.
Try again for sound "OHOHOHOHOHOHOHOH" but it loses the Cheerio effect if you don't write it "OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO"

(It was a joke, Cheerios's........"OOOOOOOOOOOOOOOOO" get it?)
03-26-2009, 10:26 AM
Newman

So your cheerios are the new kids on the block?

Oh - oh -oh oh oh, oh -oh oh oh. oh oh oh oh oh, the right stuff!

(and I was talking about ooooooooooo, as in ghost talk? O - moaning?. Never mind.)
03-26-2009, 10:27 AM
mogami

I've decided to send the bowl to washington to advise Tim. Next time he is before Congress you will hear him "OOOOOOOOOOOOOOOOOOOOOOOOOO"
03-26-2009, 10:29 AM
trippingthespeculatingpos

now i know who has been petitioning for that new kids channel on sirius
03-26-2009, 10:37 AM
bababoooie

Quote:

Originally Posted by mogami

WOW I looked into my bowl of Cheerios and all they told me was "OOOOOOOOOOOOOOOOOOOOOO"

com' on... You did not see any "C" "(" ")" or "U" in there at all?
03-26-2009, 10:40 AM
Newman

Quote:

Originally Posted by bababoooie

'com on... You did not see any "C" "(" ")" or "U" in there at all?

Must be really good packaging. No broken cheerios!
03-26-2009, 10:41 AM
underway

Quote:

Originally Posted by bananaz

Once credit frees-up, the rest of the dominoes fall into line for Sirius, and everyone else. Congress needs to give the banks a little encouragement, not threats of execution.....

Banks getting bail out $ and hording it. That's part of the problem. Relief from the toxic assets on their balance sheets (subprime junk) will help if it ever happens. Geithner announced his plan for this the other day. Problem is, Congress was talking about that with the first TARP money at end of Q4 and dumped billions into banks but didn't attach strings to force lending nor did they do anything about the toxic asset issue. Congress sucks.

SIRI will soar as economy thaws.....coming soon...I hope.
03-26-2009, 10:47 AM
Lithium24

Quote:

Originally Posted by Keiser34

Anyone else thinking of buying today? Best case scenario we looking at .33 or do you feel a retrace to the high .20's is possible?

Im hoping it goes up, not down. But thats just me.
03-26-2009, 10:47 AM
relmor2003

Quote:

Originally Posted by underway

Banks getting bail out $ and hording it. That's part of the problem. Relief from the toxic assets on their balance sheets (subprime junk) will help if it ever happens. Geithner announced his plan for this the other day. Problem is, Congress was talking about that with the first TARP money at end of Q4 and dumped billions into banks but didn't attach strings to force lending nor did they do anything about the toxic asset issue. Congress sucks.

SIRI will soar as economy thaws.....coming soon...I hope.

Maybe, but who can take on more debt? Available credit isnt the problem, is available parties that can take on more credit thats the problem. Banks problem is they need exisitngloans to be paid, while generating new loans all the time. You do the math. Not saying its hopeless, just going to be a hard hill to climb this time around.
03-26-2009, 10:48 AM
Jocunddus

Quote:

Originally Posted by bananaz

Agreed on everything but I worry about the availability of auto loans. I hear horror stories every day about people with great credit scores being turned down for loans of all sorts. Once credit frees-up, the rest of the dominoes fall into line for Sirius, and everyone else. Congress needs to give the banks a little encouragement, not threats of execution.....

I dunno, Bana, I just bought a car yesterday, and they could not wait to give me a loan. Though I must say that the credit numbers here are excellent. I don't know for borderline people.
03-26-2009, 10:50 AM
mogami

Hi, Banks are going to post profits in 1st Qtr 2009. Those reports should be out in less then 2 weeks
03-26-2009, 10:50 AM
SiriusHope

Quote:

Originally Posted by Jocunddus

I dunno, Bana, I just bought a car yesterday, and they could not wait to give me a loan. Though I must say that the credit numbers here are excellent. I don't know for borderline people.

congrats on your new purchase...what was your salespersons view and knowledge of satrad?
03-26-2009, 10:54 AM
underway

Quote:

Originally Posted by Jocunddus

I dunno, Bana, I just bought a car yesterday, and they could not wait to give me a loan. Though I must say that the credit numbers here are excellent. I don't know for borderline people.

Yeah, me too. Wife and I each bought a new car in January and had no prob getting auto loans. We have decent credit, but not 800 FICO scores. So, not sure what the deal is....am no expert on credit markets...but common sense telling me banks just limiting risk and not lending to people on the margins anymore (and slammed door shut on the deadbeat crowd). Once they dump off their toxic assets, appetite for risk will improve, but probably won't touch those with bankruptcies, charge offs for quite some time.
03-26-2009, 10:58 AM
choirgirl

Good morning everybody,
I just would like to add, getting a car loan isn't the problem, the problem is most people are considered a risk and are supposed to pay 12%,15% or even 20 % interest. Most dealers around here are making a lot of money on the financing, they don't care much about cars.

Quote:

Originally Posted by Jocunddus

I dunno, Bana, I just bought a car yesterday, and they could not wait to give me a loan. Though I must say that the credit numbers here are excellent. I don't know for borderline people.

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