Uh... that sounds bad.....
She doesnt ask to play Dr. Mario EVERY night....
LOL
Printable View
What gives is the same crap that has always plagued this stock. The manipulation of this stock is being executed by those who know and care nothing for this company. To them Sirius XM is a place to easily drain the life out of. Trading of Siri shares has long since had anything to do with the merit of the company. It is all about gambling with the emotions of the inexperienced investor Letting the sp rise made it appear that the shorts were gone, however this was just a reload. If the uptick rule is not reinstated and if the SEC does not step in, Sirius will again be trading in the teens or less before the reverse split becomes an avenue of no choice and then we will be in a far bigger mess. At the current rate, I would say that we will close around .29 today and open at .27 or less on Monday. It is going to be a bummer to watch all of us holding long positions get once again stomped upon.I was tempted to cash out at .40, but let my emotional hope and greed override my logical brain. Very difficult not to liquidate right now even, but the manipulators are banking on this and so the sp drops.
Tyler posted an analyst upgrade in "News" on the front page of SiriusBuzz with short term .50 cent price target and long term $1.25. We'll see if that helps any and may trigger more upgrades as well. Is this Miller Tabak guy reputable?
Whoever says us longs have thick skin I think is right. I actually in a way feel like my upbringing as a diehard Red Sox fan (long long before they won their world series) has led me to almost expect the negativity and fatalism that comes with SIRI. But like the Red Sox winning (2!) championships, our day with SIRI will come! hopefully not the equivalent of 86 years the sox had to wait :)
but good news on the analyst upgrades, no?
yeah...i optimistically see a rise today to .288-.293 and within a week maybe holding steady .298-.323