SIRI IntraWEEK Thread 08-03-09

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08-05-2009, 06:56 PM
MichGoBlue

1st Post. Thanks to you guys . . . and gals I learned a lot about this stock over past month. In at .40 & .42, out this morning at .58 with a 2 cent trailer. I'm jumping back in, in the 40's, then ride it out to a buck . . . and beyond I hope.:D
08-05-2009, 06:58 PM
MichGoBlue

Quote:

Originally Posted by MichGoBlue

1st Post. Thanks to you guys . . . and gals I learned a lot about this stock over past month. In at .40 & .42, out this morning at .58 with a 2 cent trailer. I'm jumping back in, in the 40's, then ride it out to a buck . . . and beyond I hope.:D

Oh forgot to mention I even made some back on AIG, that pig was up 60% today! I hope I don't get hit by a bus on the way home.
08-05-2009, 07:36 PM
sxminvestor

Quote:

Originally Posted by bassmaster

not a bad sell imo. even if we hit 60 again i doubt you'd be able to get that same sell.

well we settled in the mid 50's . my expectations seem to be on track. i also said we needed high volume to get through the 60's and we didnt get it. at least 200MM shares traded would have pushed us through. we may hit 60 in pre but volume doesnt matter to much there, its the buying pressure and the MM's that would control the price at that time.dammm im nice. well , get ready for the bad news tomorrow. at least thats how the street will see it. will mel suprise me on guidance? i hope so. otherwise 40's are on the horizon. i still hate todays candlestick. if i was a betting man , i would be shorting the hell out of it starting sometime tomorrow. i am expecting upper 50's tomorrow then downhill. so hang on for the ride and if you're a long none of this should matter to you (i am not worried about the takedown, i am expecting it). if anyone sold, next week should bring some good buying opps for the swing trade. it will take a few days of hardcore consolidation till it finds a comfortable range to trade in. then the rest is up to the msm's. why do people try to daytrade this? the swing trade is a much more profitable play for impatient people. well, for me and johnny irish, we hold plenty of shares and not fudging around with a single one. the long term chart for sirius is in great shape and any long with a buyin of 1.50 shouldnt worry imo.

p.s. my bearish attitude going into tomorrow can change with how the CC goes and mel's guidance. i dont care if they forecast 700MM in EBITDA. the street wants to know other metrics.

PEOPLE DONT FORGET Q3 IS GOOD, BUT Q2 WAS STILL SHlTTY....ALL THESE PRICES ARE GOOD BUYIN OPPS IF YOU WANT TO HOLD LONGTERM.

Look for Mel's Sirius headline to be positive cash flow with any sub losses buried or hidden by him just speaking of yaer over year increase in subs, revenue & better cost controls. I think it will be a pop and drop, maybe hit high .50's again.

Also, selling pressure of the press release of traunch planned selling may lift like last round.
08-05-2009, 07:53 PM
SiriusBuzz

Quote:

Originally Posted by Siriusowner

As always I am the voice of reason here... This time is not about SIRI but about the thread.... You obviously picked the wrong week to start the weekly threads again.... 12500 hits with 414 posts and counting ...

Why? Because there is a lot of activity? Having that all in one thread is a bad thing how? I don't know why the hell we switched to daily thread anyway, the forum software takes you back to the last read reply so, having it all in one thread has always made things simpler for me.
08-05-2009, 07:55 PM
just sirius

Sold 50% at .565...Will probably re-buy on retracement of .10+. have been averaging all the way down to .51 from initial buy in at 3 ish! during the dog days of BK scare...thought i would never see this day! AGreed...long term looks real good! Short term(6-9 months) plenty of swing trades available. Now that I'm finally partially green and learned a ton from this thread...will play the swing trades .04-.06 at a time since I know that they will be there...if I sell and it rockets...will have core to profit from!
08-05-2009, 09:59 PM
proactiv

Qustion for those of you who might know.. I understand that the shareholders approved a reverse split - I think at the last meeting. I believe doing a reverse split would be a bad thing for SIRI investors, and I hope it doesn't happen. Does anyone have any more information about the liklihood of this happening, and when? Would we get advance notice? And how much of a notice? Thanks in advance and have a great night!
08-05-2009, 10:26 PM
SiriMonkey

Quote:

Originally Posted by socalrunningfool

Hey Johnny. Your on vacation. I have four in a row with this one. Romo is out. And I'm going to break his record as he couldn't give a flying f*ck right now. lol.:D

You have a loooong way to go Socal. Look at my
post count. :p

Julie :cool:
08-05-2009, 10:34 PM
SiriMonkey

Quote:

Originally Posted by socalrunningfool

-------------------------------------
In a "row" Julie. Get with the program. Always a woman who corrects a man about details........................................... .:rolleyes::peeping:

I'm looking at the BIG picture Socal. I can write one sentence posts
too. Sorry. :p

Julie
08-05-2009, 10:37 PM
SiriMonkey

You're kinda slow tonight. Too much sun?
08-05-2009, 10:37 PM
just sirius

Good for you Julie...don't take that crap from a snot noised cali boy! Kick his as&...I got your back!hahahah

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