SIRI Intraday Thread: Thursday April 2nd

[quote=Brandon Matthews;26379]

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Originally Posted by SiriusHope

I have no idea. Looks big so I thought I'd share.

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Blogovich criminal proceedings!!!!

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Originally Posted by underway

Hey, stop being so hard on yourself. If it were that easy, we'd all be millionaires and sipping rum drinks on private islands instead of hanging out looking at computer screens and conversing on this thread! :)

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No underway, not exactly. I believe no matter if we were millionares or not, we would still be conversing on this thread!!!!
I truly believe that there are people here that USED to own Siriusxm stock, but don't anymore. They can't leave or want to. There are no parents to kick us out of the house!!!

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Originally Posted by SiriusHope

Imo...SIMPLY stated...the pullback of buyers will keep it @.36 and mm's wont budge...tug of war continues until more great news and pps can correct to above .40

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Yup. Logic tells me that when you can buy 100,000 shares of something for around $30,000, it's a heavily diluted stock from a distressed company. If I can see that, so do the big investors. But to really move the price, the blocks of share purchase have to be in the 'gizillions'! I assume some jumped in already, pushing us from .05 to .35. The rest are standing by. It's probably about tiers of risk tolerance. Some of the big guys have high tolerance and jump in very early, with the next tier jumping in at price X, based on news Y. Then the next tier, and the next. I also assume, that if the news is really good, the tiers blur and big money flows in fast, which would give a huge spike in price run up. that's the way I see it anyway.

Predictions on this stock fail, But here it goes .3652

UNDERWAY....good post...very logical.

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Originally Posted by edeyoung99

No underway, not exactly. I believe no matter if we were millionares or not, we would still be conversing on this thread!!!!
I truly believe that there are people here that USED to own Siriusxm stock, but don't anymore. They can't leave or want to. There are no parents to kick us out of the house!!!

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Fair enough edeyoung! I'll be on my island, rum drink in hand, and watching this board on my Sirius enabled iPhone! :D

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Originally Posted by relmor2003

Hey John, markets up another 100 points, yet serious is down .005 cents since then. Why? I thought SiriusXM moved with the market? You need to explain this immediately!!! :D:p

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relmor, I have already explained this. SIRIXM will not trade with the rest of the market until it shows and the MSM reports that it is a more stable company. It is fact that people in a up market will buy into more stable companies and pull money out of the less stable ones (SIRIXM) the only difference is if the marjket is up big (a bull market) because then that usually means new money is coming in and that new money will then spread it around to include some that would buy into a speculative stock such as SIRIXM.

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Originally Posted by airman

Predictions on this stock fail, But here it goes .3652

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IMO...MM's are stubborn and will hold it @.36...they dont want us to get cocky and continue to prove to us THEY are in control.

I am sure they read this board and chuckle.

John, good point. That makes sense to even me! Similar to the gold trade I guess?

Underway, you are too funny. Rum drinks...........mmmmmm, yummy!

Your call on dow 8000 is looking better. Retracing a bit now.

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Originally Posted by john

relmor, I have already explained this. SIRIXM will not trade with the rest of the market until it shows and the MSM reports that it is a more stable company. It is fact that people in a up market will buy into more stable companies and pull money out of the less stable ones (SIRIXM) the only difference is if the marjket is up big (a bull market) because then that usually means new money is coming in and that new money will then spread it around to include some that would buy into a speculative stock such as SIRIXM.

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Then your post to me was was useless. Thanks for clarifying.

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Originally Posted by relmor2003

Then your post to me was was useless. Thanks for clarifying.

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What are you talking about.

by the way....thanks again to some of you yesterday for the level II lessons. It makes more sense to me today I think.

I see all the small orders trying to draw the SP back up to .36 but it doesn't seem to be working very well.

Relmor ? for you. Any guess at the low in the next two days? I am at 3/5 position and might sell 2/5 to wrap up this gain( 170% short term gain)(avg sh pr .132. The stock has been range bound for a short while now. Any thoughts? The stock is trending down close to .35, I feel I might be able to reenter around .33....although I don't like going through a weekend with a small position...considering the stock market is open on Sat for rich people atleast..lol. If we finish strong today I might move 1/5 and watch the open tomorrow.

Big Ben

Bueller....anyone? My order is going in 20k @.3599 all or none. I like having cash, it makes me feel whole.

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Originally Posted by Big Ben

Bueller....anyone? My order is going in 20k @.3599 all or none. I like having cash, it makes me feel whole.

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IMO...maybe better for a all on none to do a .3590 if you really want to unload some.

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Originally Posted by Big Ben

Bueller....anyone? My order is going in 20k @.3599 all or none. I like having cash, it makes me feel whole.

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with a 170% gain..don't be greedy for a miniscule .0009 more profit

the bid price now hit a wall @.3800

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Originally Posted by SiriusHope

the bid price now hit a wall @.3800

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This is where I get totally confused. If someone is willing to buy shares at .38, how could that be a wall? Price is barely .36. Oh well, I'm real long on this stock, so not critical that I understand it. Good thing too...cause I f'n don't have a clue! :)

SORRY correction bid price hit a wall at .3580 not .3800