SIRI Intraday Thread: Tuesday April 7

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Originally Posted by Brandon Matthews

www.satwaves.com

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Brandon - thanks for the link. I actually know CRFCEO from my time embattled in the YaZOO. I may link up with him a bit more now I know he's on top of it.

Rick

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Originally Posted by Paratrooper_Rick

BG - no worries brother. Take a deep breath and be patient. HAVE a plan - but be patient...

My plan: once we hit .52 - I still have a plan to sell my "over core" block to recover the initial cost of my investment in SIRI - and will essentially pull cash equivalent to every cent I already invested in SIRI.... at that point... I can't lose what I put in. That's my plan.... and I recommend anyone else use their heads depending on their situation. (I have COS to thank for that - he started to get me thinking about the tiered strategy for SIRI)

~rick

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Thanks for the input Rick, I think I will put a sell order in at .50 and just sit back and wait AND then for sure wait before buying back in by putting a buy order in at .39. If I would have been patient in the past I would have a greater amount of shares.

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Originally Posted by Beach Gambler

Thanks for the input Rick, I think I will put a sell order in at .50 and just sit back and wait AND then for sure wait before buying back in by putting a buy order in at .39. If I would have been patient in the past I would have a greater amount of shares.

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I am still confident in the .50-.52 range in the near/mid-term. Even WITH any further retrace.... which won't be far. I've had that .52 sell order in GTC for 60-days since we started to consolidate and won't touch it. After that - it's all relaxation time - because anything I get from my core will be free and clear... and I wont lose ANY sleep about being patient while this pig grows angel wings....

Rick

Can we hold .34??????????

.3401 then .348, nice spread.....

Am I reading that correctly? 1.5million shares sold @ .34?

yet another daily low....:mad:

Don't look now, but the SAR (parabolic SAR) which is an indicator I use on my charts that I find very reliable, just went neg on the three month/daily setting. It doesn't necessarily mean anything long term, but now I'm wondering about the penant thingy. I've never really learned much about patterns like triangles, but I do use about five indicators on my charts, just to give me a little heads up.

I'm long as always, but wanted to share what I'm seeing.

Needed to stay near .36. Not good. Low volume isnt the problem. Its lack of buying. 2 possible reasons. Large buyers are using the low volume to trigger stop loss orders, to achieve a lower buy in. Or big money is already done buying, and is simply waiting for the MM's game to play out to take it higher. Retailers arent making them pay for drops like in the past, which makes me think retails powder is already dry for this stock, waiting for more news. Not good. If there was stronger retail support, they probably would be doing it sooner.
No real selling until it broke .34.
Might be playing a game of chicken on last time. If they see strong buying support they will back off, but not until then. This is assuming of course the big money for this range is already set.

SIRI Pivot Table For Today
R2 - R1 - Pivot - S1 - S2
0.37 0.36 0.35 0.34 0.33


Well it spiked down and tested S2.......

The market tanking hard isn't helping matters today...

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Originally Posted by relmor2003

Needed to stay near .36. Not good. Low volume isnt the problem. Its lack of buying. 2 possible reasons. Large buyers are using the low volume to trigger stop loss orders, to achieve a lower buy in. Or big money is already done buying, and is simply waiting for the MM's game to play out to take it higher. Retailers arent making them pay for drops in the past, which makes me think retails powder is already dry for this stock, waiting for more news. Not good. If there was stronger retail support, they probably would be doing it sooner.
No real selling until it broke .34.

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One thing that did accomplish was to bring back a little volume. Over 5mm shares traded in the last 30 minutes. It also looks like there is more bid side pressure building up again, this could be a real sign of strong support.

What do you think?

Do you think the SIRI stock price could be affected by the GM getting ready for "possible bankruptcy"?

http://www.reuters.com/article/busin...e=businessNews

it could but it wouldnt be fair as it could be benificial to sirius, I hope we see the uptick rule bought back or at least made official its coming back tommorow. Possible short attack before the uptick rule comes back i dunno but this sucks, hate seeing siri lossing its hard fought for pennies

All you mamby pambies quit ur bitching and add to those positions! :D


As soon as my funds clear I'll be buying tomorrow morning.

You know.... I am a systems engineer/programmer by trade. I have a number of Mac machines and the iphone development toolkit. I have written a few apps for the iphone so I know the toolkit / developer API.

I for the life of me have NO IDEA why it is taking them so long to release a simple iphone application. How long has it been now???

I am so tired of just watching this stock being eaten away bit by bit because nothing ever seems to happen.

:mad:

I wish the company would get off its %$%#$%$# and do some press releases and generate some positive activity. I swear, sometimes I feel like they don't really care.

I am frustrated.

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Originally Posted by Gallep

All you mamby pambies quit ur bitching and add to those positions! :D


As soon as my funds clear I'll be buying tomorrow morning.

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I would add, but I already did at these levels, lower in fact. The only thing I could do is sell my .37 cent block, and rebuy it where? under .33? No thanks. If I had any powder left, I would buy here. Definately. DYODD. JMVHO.

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Originally Posted by relmor2003

I would add, but I already did at these levels, lower in fact. The only thing I could do is sell my .37 cent block, and rebuy it where? under .33? No thanks. If I had any powder left, I would buy here. Definately. DYODD. JMVHO.

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I thought I was smart buying in this range last week when it ran back to .36. No powder here either (until tomorrow).

Well, it shouldn't , but it obviously is going to be affected right now.
In my opinion an opportunity to add.

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Originally Posted by westcoastsirius

Do you think the SIRI stock price could be affected by the GM getting ready for "possible bankruptcy"?

http://www.reuters.com/article/busin...e=businessNews

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Originally Posted by trippingthespeculatingpos

it could but it wouldnt be fair as it could be benificial to sirius, I hope we see the uptick rule bought back or at least made official its coming back tommorow. Possible short attack before the uptick rule comes back i dunno but this sucks, hate seeing siri lossing its hard fought for pennies

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Yes, but when will the retarded(theres that word again, hehehe) media and analysist actually acknowledge this. Makes me wonder about just who is "unsophisicated" now. :D

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Originally Posted by FloridaCaveDiver

You know.... I am a systems engineer/programmer by trade. I have a number of Mac machines and the iphone development toolkit. I have written a few apps for the iphone so I know the toolkit / developer API.

I for the life of me have NO IDEA why it is taking them so long to release a simple iphone application. How long has it been now???

I am so tired of just watching this stock being eaten away bit by bit because nothing ever seems to happen.

:mad:

I wish the company would get off its %$%#$%$# and do some press releases and generate some positive activity. I swear, sometimes I feel like they don't really care.

I am frustrated.

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:yawn: Maybe when Mel's contract is up this year they will get some " new blood " in as CEO that is willing to advertise and and push this product and Make something happen for a change .