SIRI Intraday Updates for the Week of 3/16/09

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Originally Posted by rgentry

Question for Relmor. I sold half of my shares today @ .32. Now feeling like I made a mistake. Do you think I would be better off waiting for a pullback to buy or buy back now? I realize this is all speculation but you and others here have a better handle on whats happening than I do. Your opinion would be much appreciated.



:cheers: R Gentry

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I would start buying back immediately. 1/4 position now, and more if it hits .30 and more if it hits .26. If it goes to .36 again, see if it bounces back, buy at .34, .32 range. If it busts through straight up, thats your call. You want to be like John, selling on the way up, not buying. I buy on dips, and only sell on huge pops, but rebuy on the retrace. I missed by retrace buy today, and am scared. You should be scared right now, shaking in your boots for selling half at .32. BUT DONT SECOND GUESS yourself, this babys going up for now. Id buy in the morning for sure, at least something back. If you can daytrade, set a stop at .3160.

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Originally Posted by killerkaul

Cos..................... you couldn't have gotten in for a better price, and a 100% full position as well. Couldn't happen to a more deserving battle weary soldier of the Dog. The Big Blue Dog is smilin on you today after his run and t-bone. Well Done.................................. Well Done.............. .. killer................keeper of the Blue Dog.

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Killer... when I adjusted late day yesterday after all the talk and resistance at .25, I figured I wanted to get just in front of retail bid as .23 with a .2303 bid, adjusted up from .2215... when I saw the buy go through and having been away all day today I figured I'd come home and see us in the low .20's, instead I find this much needed run and the god's shining ....... I've got to say that right now its time to let the dog run and not play any games because missing out on a jump for me was a close call..... I'm in until there is a new channel formed... There was good volume today... I'm showing 176M shares which means a lot of shorts got out and went long..... to hedge this pop.... I'm still trying to see where the next pull back will be, but feel getting by .39-.41 is going to be a bitch....

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Originally Posted by sl62

cos1000...

This is the correction we talked about since November. New waterline will be set once it's over. In the meantime, I say you have to throw out all the charts cause nothing's really going to make any sense while we are in play...shorts are bidding us farewell (for now)...I kicked a few in the arse on their way out today :hammer:

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It's long over do and congratulations to everyone who hung in and put their money where there proverbial mouth is..... good call and good tidings to everyone in the Green here on St. Patty's day...... :cheers: :cheers:

i know you guys aren't too keen on the crazy bastards over at the yahoo board, but this is a great thread with some great info.

http://messages.finance.yahoo.com/St...&frt=2#4139486

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Originally Posted by Brandon Matthews

The only thing I can find is that this was a total market move.

nyse...up volume 72%
amex...up volume = 96%
nasdaq...up volume = 92%

It seems to coincide with the uptick rule reinstatement and comments made yesterday by certain politicians relating to abusive and illegal naked short selling.

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Brandon, thanks and I think its great to see this stock move WITH the market for a change.... also I think the uptick rule is a good start, but as you know, if its only pegged to any "uptick" and not a quantified value such as, 1/16 or 1/8, as when it had impact, then it will only be a window dressing reinstatement, and not help much.... especially penny stocks..

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Originally Posted by kingadrock666

i know you guys aren't too keen on the crazy bastards over at the yahoo board, but this is a great thread with some great info.

http://messages.finance.yahoo.com/St...&frt=2#4139486

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This guy is good....and I believe he is right on the money....if you get a chance this is a must read...make sure you get to his 2nd follow up explanation.... Good heads up!:cool:


Tripp.....make sure you read this one for sure!

Cos.................... ya, I wish I hadn't sold that batch of 91,948 shares at .2998. It was ROTH money and can't be traded again till it settles out on the 20th. If the opportunity presents itself, I may trade it anyway, for one of three allowable possible infractions in a year. Oh well. I'm happy for your success. Like you, I will not be trading this nonexistant channel anymore untill manipulation again sets in and makes the trading a little more predictable. Still have 100,000 shares after that little ERROR. ... LOL .. killer.

I read through that and found it interesting. It does seem that he is right on the money, but I would like to hear some opinions about this theory from posters of this board also...

I don't think anyone posted this yet, but just came across it while searching through some yahoo posts:

http://www.themarketguardian.com/200...-of-sirius-xm/

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Originally Posted by LMaze

I believe that the market is starting to understand that this is a whole new company going foward from the day that Malone closed the deal with Mel. Nothing else matters and I don't think that Malone will convert anytime soon either. The stock price will continue to grow, my guess is that over the next year we will see $1.50 and we could be north of that..

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Right on, agreed. This makes me do the proverbial LMAOWROTFL....Monopoly style. Lets see...what do all the Bash articles say...oh, the ipod is competition, iphone...internet....and what makes everyone think that the largest, newest nationwide content media company would somehow not benefit from these new delivery systems....wha wha what? We are so set up to be the king of all this new technology...woot!