SIRI Intraday Updates for the Week of 3/09/09

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03-13-2009, 10:05 AM
sl62

Quote:

Originally Posted by mogami

yesterday we fought all morning for .17 Once we broke through there we went right to .20 where we fought the rest of day.

they're sledge-hammering on the .20..just can't "tear that wall down""
03-13-2009, 10:06 AM
cos1000

Quote:

Originally Posted by doctorex

here's a thought flash, courtesy of doctorex:

on the first of every month, siri management activates every inactive siri radio in the world for three days. on the fourth of every month, managment turns off all the previously inactive siri radios until the first of the next month.

and so on, and so on, and so on, every month. cost of this: ZERO.

the three-day free exposure will take the inactive owners into nirvana. then, just as they get comfortable, we cut them off! then some share of the inactives will have to subscribe. they will have no choice. this will make the active subs go UP UP UP. and it's a FREE IDEA.

doctorex has spoken.

Great idea..... but, make it the first week of every month so Commuters can experience it and get hooked.... or just tie it to the first full business week (M-F) so that the "water cooler" effect can assist in making it happen...
03-13-2009, 10:07 AM
mogami

Hi, It was past 1230 yesterday before we broke .17 for good.
03-13-2009, 10:08 AM
Keysmark

I have to go out for a few hours and cannot stay & watch. Therefore I put in a sell for 20% @ .2245.

I'll be happy for all of us if it fills!
03-13-2009, 10:11 AM
sl62

Quote:

Originally Posted by cos1000

Over 13M shares in the first 1/2 hour of trading..... a lot of small trades.... I'm figuring their are is a lot of two bagger money that needs to be absorbed at .20, meaning those that bought at .10 or about are taking some of the table and letting the "free" shares ride.... typical strategy and needs to be worked through before we move much higher.... An announcement of the iPhone App or some other good feel news would certainly take care of this and give us incentive for the next leg up.... I Mel is back to being Mel, I would expect something next week or else we might retrace, with lost momentum....

this dance looks like a fake to me..MM's trying to get more jumpers believing this is stalled before they move a little higher...could be wrong but this is more suspicious to me than typical headwinds..
03-13-2009, 10:13 AM
cos1000

Today's price will be important technically if you look at a six month, or 3 month chart and put the Bollinger Bands on it. We're broken through on the upside and it will be important to hold above today.... .20 is the battleground for today.... break it down and .22 , .23 can happen without much of a problem...IMO
03-13-2009, 10:14 AM
cos1000

s162,

Agreed..... this isn't going back to .17 anytime soon....
03-13-2009, 10:17 AM
cos1000

I like that all of the trading platforms are active and no one is really trying to take control... much more fluid than in the past...
03-13-2009, 10:24 AM
dmo2424

Do you guys believe what this erpa guy posted on caps (other active thread to this one) in the forums about the SEC investigation into SIRI shorting...?
03-13-2009, 10:31 AM
sl62

Quote:

Originally Posted by sl62

this dance looks like a fake to me..MM's trying to get more jumpers believing this is stalled before they move a little higher...could be wrong but this is more suspicious to me than typical headwinds..

did you guys see that total manipulation? Plenty of buying pressure to take it higher and they stoned it...now backed away..let's see if we break through now...
03-13-2009, 10:37 AM
bananaz

Thanks for the advice.

Quote:

Originally Posted by sl62

If you do that, you are only hurting yourself and preventing your broker from getting you a better deal with a partial tranche...you can't beat the MM's on this one...
03-13-2009, 10:39 AM
sl62

Quote:

Originally Posted by dmo2424

Do you guys believe what this erpa guy posted on caps (other active thread to this one) in the forums about the SEC investigation into SIRI shorting...?

thanks for the heads-up..

>>
SIRI: Possible SEC investigation on Shorties?

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March 13, 2009 � Comments (4) | RELATED TICKERS: SIRI

I've just become aware of a rumor that the SEC is going to investigate people who've purposely shorted SIRI into the ground to profit via other methods outside of the realm of the stock market.

If this is true, then SIRI has been artifically kept low and I may be wrong about the $1 by the end of the year... it could be $2 or $3.

I don't like posting rumors, especially about the SEC when they haven't announced such an investigation, but I don't want people to be caught unaware.<<

Probably when they do they will find the bondholder hedge shorts...which are perfectly legal (unfortunately)...and probably what we just witnessed a minute ago on that .1999/.20 standoff... :annoyed: LOL
03-13-2009, 10:40 AM
mogami

Quote:

Originally Posted by sl62

did you guys see that total manipulation? Plenty of buying pressure to take it higher and they stoned it...now backed away..let's see if we break through now...

just letting one of their buds get in a little cheaper
03-13-2009, 10:42 AM
sl62

gotta run. bbl..:D
03-13-2009, 10:44 AM
mogami

anyone who sells under .23 will get a nasty case of bleeding hemorrhoids, do you maggots understand!!!
03-13-2009, 10:47 AM
Far Away

SIRI: Possible SEC investigation on Shorties.

If its Cramer?
03-13-2009, 10:48 AM
cos1000

As far as an SEC investigation goes I doubt there is anything in investigating shorting this equity in general over the last six months. I would think that the GS ownership of the 127M in Feb bonds, eventually sold to Ergin, and the 70M Dec 09 bonds, and Winkes uncanny ability to take this stock down with his Right predictions for the Wrong reasons is where the SEC will find some meat to sink their teeth into... I have speculated that Mark Weinkes anouncement in Dec 08 that he would no longer be covering Sirius Xm ran parallel to their selling of Bonds to Ergen.... Too many people who bashed this company are tied to GS... for my liking...
03-13-2009, 10:59 AM
Sundevil

Well...It's good to be wrong. Just got to the computer about 10 minutes ago and I am happily surprised that we are still in the .19's.

The magic 8 ball said "SELL" last night and I put in a GTC order for about 5,000 shares at .1975...Luckily it never got there... That is good, because I really do not want those Hemorrhoids!!! I will patiently wait until at least .25...

Hopefully Keysmark's mojo will do the trick.
03-13-2009, 11:05 AM
tucknroll

Quote:

Originally Posted by mogami

anyone who sells under .23 will get a nasty case of bleeding hemorrhoids, do you maggots understand!!!

upped my position by 1/3 @.195, no hemorrhoids for this maggot:D
03-13-2009, 11:07 AM
relmor2003

Not enough volume to break .20 in early morning normal market trading. Almost, just enough for them to contain. Barely. It was close for a bit. Fewer people willing to sell today at .20, but fewer people today who want to buy at .20 as well. Going to hang here for a bit. Based on past trading with Sirius, I would expect at least a test of .19 before moving past .20, maybe even .18 if they can get it there. Might take 2 or 3 tries at .20 before it breaks through. Definately still being manipulated, unfortunately. There was enough volume in the morning to break past .20, but they kept just finding enough sell orders to throw it back. Could be a reshort attempt at .20 cents, after covering prior.
Sold 1/5 position at .20 cents.

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