i still think we can get back in the .50's and close there, althought my first pred seems a ways off.
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i still think we can get back in the .50's and close there, althought my first pred seems a ways off.
we had the GAP filled and then the take down for 74 mil shares,bigs got in cheap,now only 100k shares avail in sell orders below .48..going back up soon..
There is a side of me that thinks what we're seeing (70+million shares the first hour) involves some very large shorts unwinding while they have the chance.
Yes, there is some panic-selling by people who bought in last week, yesterday, etc.
But I also have this feeling that a big chunk of this is very large shorts taking their money and running today, while they can. That 1 million buy in at $0.40 was the big hint.
IMHO, YMMV and DYODD.
The same buyers that lifted the stock over the past few days are the ones that are in a panic now. The cc showed the fundamentals are becoming stable at SXM. That is what we want. The sellers this morning have not a clue concerning the magnitude of what we heard on the cc. Hopefully there will be market voices that will trumpet the positive numbers and outlook.
I even see a glimmer of positive attitude in Big Ben. :)
And I agree with Ben, the "freaked out" crowd needs to scatter and the knowledgeable investors will take advantage of the opportunity. Remember we hit .60 just a short time ago and I don't think anyone thinks it was a one time event.
i believed you john and i believe in you.
overall, if you've been looking to get in some last minute
siri stock shopping, today's probably as good a day
as any to do it; as a deeper analysis of the numbers
gets through to the street, buyers will once again
outnumber sellers
the Q1 sub numbers were horrible as i predicted. i believe this period is the headfake for longs. end of this year chart will show it. now we've got through one of the worst Q1(U.S. economy) and by judging some current economic data, we will start seeing real value come into this stock. car market IS getting better, unemployment is not getting worse, and the iphone app is expected to be released next month( WTF???why is it taking sooo long???) ...someone said they dont expect the pps to hit $1 this year, i strongly disagree. i think it will be realized in Q3 and maintain there. if sub #'s is a big issue for analysts, then EXPECT it to change next CC when i will bet the farm, sub #'s improve from their current condition. ty ..gl
did siri make their interest payment of $25M to liberty this past quarter or does it kick in this quarter?
Shorts win again. Today was a true test for SIRI and it failed.Too bad for me and all the other people that are long. Two weeks to get to .52 and falls to .42 in 1 hour.This can't be ALL because of a stress test. We all knew the Subs. were going to be down,but come on. Maybe it will close a bit higher,probably under .50. Again another long ass week ahead.
I said we won't see plus $1 sp,as predicted upwards $1.50 by year end..
If you followed CC,they as mauch as said with chrysler and GM shutting down production for 8-9 weeks seperately,that will affect 3-4Q subs with 3 month lag..would expect at most best case scenario of neg 100k sub loss for year.
Which translates into plus 300k subs gained in the rest of year..JMHO
But EBITDA and FCF are positive in excess of prediction by street so it is all good there..
if you're plan is to hold long like myself, you cant drive yourself crazy watching the intraday movements. i think it's safe to say, you can sleep well on this stock now. as for myself, i watch because i'm trying to learn daytrading this equity, i practice with fake trades and see how successful/failing with my executions. once i become in the green, i may daytrade a small percentage of my shares and keep the rest uber long. ....ty...gl
thanx johnny, and no i didnt listen to the CC. to be honest i really wasnt that eager. WE ALL KNEW the sub numbers were gonna be bad, the other metrics were gonna be great and the media would spin this negatively. but i do appreciate you, homer, john, tyler translating and posting the important parts on here. i'm kinda feeling "wavy" !!!!! OH MY GOD THE SKY WOULD FALL IF IT WASNT FOR YOUS GUYS!!!!!! lol
I'm in this long and I could give a rats arse about what goes on until Q3. No one wants to give SIRI any love right now......
I've already grabbed 3k &.44 today and will continue to accumulate for months to come.
Cheers,
-Whynot
is brandon still writing that they will reverse the deal with the new authorized shares? LOL.....ok so according to you, and i believe you, they said they will pay debt with cash on hand. then this new authorization is for what? backpocket emergency issues? if what you said johnny is true, its not good news, its GREAT NEWS!!!!!!
I just added 3,500 shares at .43
I have a little more money left just in case drops under .40
yeah i just gave a little love to siri at .43
this is like child's play - you buy this stock
on the way down, and hold it on the way up
if you were able to hang on when it was .03,
then this here today should be like picking cherries