Quote:
Originally Posted by Demian
Now you can take credit for the call of a pull back to this level. This is the pull back you were talking about.
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Quote:
Originally Posted by Demian
Now you can take credit for the call of a pull back to this level. This is the pull back you were talking about.
I was not happy when Demian predicted a decline in price a few days ago however he was dead on so congrats on your accuracy. Looking forward do you think this is a bottom being established?
when buyers outnumber sellers we will move up for real. Too many people looking for the exit at the moment
So Demian you sold at .30 and bought it all back at .2713? So you save yourself like 2000-5000 bucks? Not bad. I apologize if I ever questioned your selling too early...
Brandon,Quote:
Originally Posted by Brandon Matthews
Glad you made it back unscathed LOL...
Appreciate your comments after being in the teeth of the beast...and I think you know most of us have been ignoring the SP for some time in relation to the actual business operation...:sunny:
But wouldn't the same "big" buyers from the other day's run up to .40+ be stupid NOT to add to their positions at these levels and run it up again?
Wait Brandon do you have "inside" information from your tour? you hint that you saw what you liked?
"Tayler posted an analyst upgrade in "News" on the front page of SiriusBuzz with short term .50 cent price target and long term $1.25."
My short term(1 year) is more like .86 long term I just dont know
I have 2 questions for anyone that knows.
1. What is the definition that is used by these analyts for short-term vs long-term?
if it fits mine then I am with relmor .. this is not a good report.
2. what do you think the current true support level is? I know it is sitting at .279 but I read the real support level at .22 weakly and .16 . maybe I am just reading the charts wrong.
I dont think it can really break down ... but can it?
Wow, I also bought more at $.2733 exactly.
Now it's just a matter of determining a valid entry point for my speculative holding in SIRI. Trying to determine if I should hold out for monday or reenter today.... plenty of time to think it out - I'm not seeing any indication we'll jump anytime soon....
It is definitely blatant - there are 3 Gigantic spikes downward in the charts - biggest being yesterday - indicating someone tripping the stops. So for each of the last 3 days - at some point - there was a massive sell tripping stops and driving us down.
It's enough to make you sick to the stomach....
Brandon - I am wishing I was up there with you - because IF you somehow got convinced there is nothing to worry about - I don't currently share the same sentiment.
feel free to pour in some more words of encouragement for the group - or is it all covert / hush info straight from SXM - ?
Being new to this, I still can't make heads or tails of the level II I'm looking at.
In the simplest terms possible......when I see a build up of 200 or 300 lots on the bid side (like just happened) and 20k & 30k lots on the ask side, what "should" this make the SP do? And visa versa?
I'm still trying to understand the concept of what actually makes the SP change up or down.
In my mind, if the SP is say at .30 and there's a large lot of 800k shares on the ask side at .32........wouldn't that bring the SP up b/c those 800k shares are going to sell at .32 ?
I'm sure that is completely wrong....just the way my brain is thinking right now until somebody explains how this works.
Sorry for the totally rookie question, but can anyone break that down?
Thanks guys
argument deleted.
Rel...Quote:
Originally Posted by relmor2003
Did you get the .25-ish today? This one was gettable. I just watched, no new buys today. Not that I wouldn't have but my trading funds are tied up elsewhere in the portfolio at the moment...
More shakeout today..shorts are covering now as we speak...maybe some new buying just coming in too...we probably finish about even today...
To expand on my last question.....I see a bunch of large lots on the ask side right now and very small lots on the bid side.
In general is this going to make the SP go down b/c there's lots of people wanting to sell and not many wanting to buy?
I just don't understand how the bid/ask end up matching to make a sale I guess.
argument deleted.
Let me just say that the Miller Tabek analysis is pretty close to what I beleive will occur. I told Paul I wouldn't write about certain aspects of our conversation as some of it is dependant on market conditions, which no one can predict right now.Quote:
Originally Posted by sl62
I will say that even if I end up being right about top line numbers, the company's bottom line will still improve year over year.
We got into a discussion regarding subs and how they are broken down. Expect a change in the way the numbers are broken down in time.
Also, install rates are going up.
What's their definition of "long-term" price target?Quote:
Originally Posted by Brandon Matthews
HI mogami,
I guess I mentioned that a few days ago already, the German stimulus includes a bonus for new car buyers of 2500 Euro. It started about 6 weeks ago and the sales for February were up over 200 %, some dealer ships were totally wiped out. Ford now has a 6 month waiting period for the Ka and Opel's (GM) Corsa is about 5 month. I really believe things like that are much better than TARP etc.
Quote:
Originally Posted by mogami
dmo, he still sold to early, remember it did go as high as .43. As a matter of fact I dont know why he bought back so soon if he sold at .30 he had to feel it was going to go even lower then .27. So while he can take credit for calling a big pull back I dont think it is at the point he originally thought it would be.Quote:
Originally Posted by dmo2424
Quote:
Originally Posted by Paratrooper_Rick
Para...
You've had some solid input on the SP. Remember, we said days ago that when a stock is "in play" it is subject to heavy volitility (both ways). It's a battle royal. When buyers pull back, shorts regain control and on a thin V, they can pounce (like last 2 days). BUT. They also know the rules of the game have changes. No longer will they be shorting leg after leg after leg down. NOw they hyave opposition which makes them jumpy too to cover and lock in short-term gains. They held the .43 fort well. That was the exact same fort they held in late October on that Limit Down morning. We bounced from .21 in Pre to .44 and they stoned it there. Almost identical to this time. This high was .435. They won't be able to hold that positon next time however now that we pulled back first without going higher.
Quote:
Originally Posted by Demian
Welcome back in the sess-pool Demian!!
The water's great!