when we are back to 1.00 they will jump on board again..will claim they knew it was great technology and some piss poor excuses for bashing it.
Printable View
.40 seems to be a tough one to get over.
What's does SIRI have to do to get a stock upgrade?
Hope. When you get a chance, please post on Brandons excellent article on the news page. I'm hoping to get the whole damn crew to put that thing over the top for posts. Let's Roll!
Another positive article this morning...sending subscribers to SIRI.
Williams left a void in local radio
By Langston Wertz Jr.
Posted: Wednesday, Mar. 18, 2009
When Gary Williams left WFNZ radio in January after almost 10 years, it left a big hole in the local sports-talk scene. Williams, 42, was the best in town, and while WFNZ has made moves to replace him, what's left isn't nearly as good.
Williams now hosts “The First Word with Gary Williams” weekdays from 6 a.m. to 10 a.m. on SIRIUS/XM satellite radio, which is available to nearly 20 million subscribers . His show is part of a new all-sports channel, Mad Dog Radio, which is only available via satellite.
Williams began talks with SIRIUS officials in early December and he flew up for an audition just before Christmas. He was packing 10 days later. “I wasn't looking to leave,” Williams said. “I was totally stimulated and happy. When I started at WFNZ, it was to help build something and I think we did that. I consider this similar. There's not been a 24-hour committed national sports-talk radio channel. I love the fact that we can build this thing together.”
Williams moved to Livingston, N.J., where he's living in a condo with a friend. He drives 35 minutes into New York City to host his show. His wife and two daughters are in Charlotte, but Williams hopes to sell his house here and move his family soon.
While he's no longer working with a co-host, Williams' show will sound familiar to local listeners. He's well prepared and knowledgeable, only now his topics are more national . He said he doesn't think he took a risk by joining a company that was close to filing for bankruptcy protection last month.
“I don't want to live my life professionally, or personally, going ‘I wish I had,' ” Williams said. “This turned me on so much from the challenge of doing national radio, and if it doesn't work out we'll move on.”
If you don't have a satellite receiver but have an iPhone or iPod touch, you can hear Williams – or any other SIRIUS XM programming – this spring. The satellite broadcaster plans to stream its subscription services to those Apple devices. Smart move.
If you don't want to buy the March Madness subscription packages on cable or satellite to see out-of-market tournament games this week, just head to your computer. At cbssports.com, you can see those free. Also, iPhone and iPod touch users can download a $4.99 application that will deliver tournament coverage to those hand-held devices.
I think the NCAA women should start their tournament after the men and cut the field in half. It would make for better games – the women's teams do not enjoy the parity of the men and it might get the women more media attention.
http://www.charlotteobserver.com/205/story/604812.html
Good day all!:)
Link to S-1 Filing, not sure if it's been posted yet...
http://investor.sirius.com/secfiling...93125-09-56906
No we are just building some support underneath us at .39 now .. ready to spring forward ... .45 is where there will be some resistance then close to .59 will be a major hurdle.
The question i have in the next few days .... will there be profit taking in the 55-58 range that slows us ... if by some miracle we all dont get antsy and give in there we could possibly blow through .60. Not saying it will happen but possible.
Stock Manipulation Nearing Judgement Day
March 17, 2009 (9:25 pm) Brandon Matthews
I spent the better part of my afternoon trying to lock in on a specific reason that Sirius XM stock rose nearly 50% by the time after hours trading had ended. It is easy to get tunnel vision when one owns a specific equity. I looked to the Apple conference but found nothing. I checked for SEC filings and FCC filings. I searched news, blogs, message boards and dozens of websites all to no avail. I then realized that this overall sentiment was being realized by nearly every stock in the known universe. It seems to me that the significant move to the upside that Sirius XM investors enjoyed was the result of a broader market condition. I checked the advance / decline line which reveals the following:
NYSE - up volume 72%
AMEX - up volume 96%
NASDAQ - up volume 92%
SIRI investors will want to thank Senator Ted Kaufman. Specifically of interest to Sirius XM investors is today’s report that the Senator from Delaware has introduced bipartisan legislation to reinstate the uptick rule. There are parts of this specific legislation that are extremely important to investors in stocks that are suspected of high levels of naked short selling and manipulation such as Sirius XM. The following is from the senator’s website:
“Sen. Kaufman was joined by Sen. Johnny Isakson (R-GA) in introducing the legislation, which directs the SEC to write regulations within 60 days that accomplishes five things to end abusive short selling:
(1) reinstate the substance of the uptick rule that prohibited short sales that are not made on an increase in the price of the stock; this prevents short sellers from piling on a declining stock, driving prices down.
(2) require exchanges and other trading venues to execute the trades of long sellers ahead of short sellers, all other things being equal.
(3) with the concurrence of the Secretary of the Treasury and the Chairman of the Board of Governors of the Federal Reserve System, prohibit short sales of the securities of any financial institution unless that trade is affected at a price (in minimum lots specified by the Commission) at least 5˘ higher than the immediately preceding transaction in such securities. Our financial sector, and financial stocks, are in a fragile state - and our taxpayers now hold substantial shares of many institutions. If the Treasury and Fed believe they need additional protection in these times, this legislation permits it.
(4) prohibit any person from selling securities short unless that person has at the time of the short sale a demonstrable legally enforceable right to deliver the securities at the required delivery date. Under current law, many short sellers fail to deliver - we must tighten up the rules.
(5) require that all short sales settle on the same time frame employed for long sales of the same securities. There is no reason short sellers should have 13 days to deliver shares when long sellers have only three days.”
With the short sellers and manipulators receiving notice of the wrath that is to come, it is clear that these criminals who have profited off of the hard work of others are scrambling to close out their positions as quickly as possible. With manipulation removed, Sirius XM as well as other equities (note the rise in financials) are free to rise and fall based on their own merits.
Position: Long Sirius XM
We all need to report ISEG today. What they are doing is obvious manipulation. 4 times they could have gotten their buys at a higher bid. They are putting asks .0001 higher, and being general assholes.
Overall market down. Big shorted stocks. Citi, Etfc. Siri all up. Brandon has this one right.
Hey Brandon, Why dont you break out your millions and buy that ISEG 500K block right now please.
Thank you
:D;)
No worries.... look at the 5-day chart and the trend line.... we're plenty fine and once the big boys' buddies are done jumping in low and we bust through .40 (again) it will scream skyward ... in a way I think this leveling out is good - we want the climb to be sustained well over the course of not just this week but at least next week.... once we consolidate more - we are setting up for a climb..... and I'm thinking next week is going to be even more fun....
short term target should be .50's today - .60's tomorrow... and if we bust .69 friday - it's a whole new game (see the article by streets a few posts back in the thread - very informative and I think he's dead accurate...)
ok, we're tapping .40 again... go baby go.....
86 million shares now traded..with 5:15 yet til market closes
S&P hit off 50 DMA, Sto turned positive. Main markets will go up now.