Sirius Intra Day Thread:Monday 3-30-2009

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Originally Posted by JohnnyIrishXM

That was me.your welcome about GM...Dead stock...

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Great call wish I had some dry powder left earlier.

Must close above .32 cents to keep uptrend in play.

I believe the current status of the stock is a reflection of the Auto Loan status. The 30-60 day dely is causing some investors to have reservations over the Viability of Sirius XM. Elements that impact the Auto's will have an impact on the SP. Watch for
10) UAW Concessions
9) Joint Venture announcements
8) Merger Announcements
7) Gas mileage increase on new Domestic products
6) Domestic Auto sales for year over year for month lose less that 10%
5) Domestic Auto sales Gain year over for month (Far Fefchted)
4) Domestic Crash test requirements impacting increased Cost
3) Domestic Crash test requirements impacting decreased Cost
2) Contract between Sirius XM & Auto renegotiated towards Auto's
1) Contract between Sirius XM & Auto renegotiated towards Sirius

Main forum-
http://siriusbuzz.com/forum/index.php

Scroll down to "OFF TOPIC"

Then, "Politics"
http://siriusbuzz.com/forum/forumdisplay.php?f=26

Rman. Brandon tells me to tell you to stop with the political discussions. You got it?

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Originally Posted by lloyd Handwerker

I understand what you are saying about Chrysler joiining with Fiat but isnt it going to shrink within that larger formation and get "leaner". At least i think that is the intent.
What about GM. They are being forced to downsize. No? Isnt GM the bigger and more important player in this mess?
I am a cinematographer from NYC. My opinions are a combination of economics, a political science degree in College and all life's experiences including my parents political leanings (everyone has got to acknowledge that including you.)

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NYC that explains that!

We send most of our money your way, wish we could secede!

:banghead: This stock is like banging your head on a wall because it feels good when you stop

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Originally Posted by lloyd Handwerker

Pleas stop with the Socialism crap. All that tells me is you are intellectually lazy
Its too easy to throw out a word.

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So what would you call cradle to grave care?

Socialism or would you prefer Marxism?

Seems like there will be quite a lot of uncertaintly with Sirius until the auto situation
resolves itself. I dont see this stock rising into this crisis. What do I know though i'm just a cinematographer and know nothing about tech analysis.
By the way i own 80,000 shares that I bought at .08,.09,.10, .14, .16, .20.5, and .34.

Beach Gambler................ you sir are a bad man. lol

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Originally Posted by lloyd Handwerker

By the way Brandon I came here to get away from the BS that goes on the Yahoo forum.
To my surprise I wake up to your "political comments" and feel obliged to respond to nonsense. Sorry but I call it like I see it. Own up to your own part in this.

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22 post, calm down newbie!

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Originally Posted by killerkaul

Beach Gambler................ you sir are a bad man. lol

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Not so bad once you get to know me. Just do not ever unleash the dog on me please....:sunny:

Well looks like Chrysler and Fiat just reached an agreement ok'd by treasury

Calm down Rman. Lets talk about Sirius. Its not the length of time but ones intelligence (:

I love this forum for the discussions on possible daily stock trading. I love the ignore list feature that this site has to offer. VoV was a pain, as I can see some other joining this forum are becoming.


If this stock follows the "BOWL" pattern that was discussed in earlier threads, we may get down to the .27-.29 range. The down turn won't last too long though, on the down side it recovered to same level in seven calandar days.

Well, it looks like it broke the wrong direction. I was expecting the sto and macd to blow off there tops today, and start a new trading range(but not see the highs again for days). Seems likes todays news killed that. So we will slowly have to build up again for that. No worries. As long as .32 cents holds, there is nothing in todays action that should worry anyone. If anything it reconfirms the .32 cent support held, and we can go from there.
See John, when a techincal breakout is coming, anything can shift it in any direction. TA supported a retest to .32 cents(as mentioned), or a new trading range to begin. If we had just one big buyer on Friday, might no be here right now. Any good news or neutral news, probably be seeing in the .40s right now instead of this bs.

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Originally Posted by lloyd Handwerker

By the way i own 80,000 shares that I bought at .08,.09,.10, .14, .16, .20.5, and .34.

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nice! ur sitting pretty good
wish i had the money to buy more :P

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Originally Posted by bababoooie

I love this forum for the discussions on possible daily stock trading. I love the ignore list feature that this site has to offer. VoV was a pain, as I can see some other joining this forum are becoming.


If this stock follows the "BOWL" pattern that was discussed in earlier threads, we may get down to the .27-.29 range. The down turn won't last too long though, on the down side it recovered to same level in seven calandar days.

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That bowl is not to be taken literally. Its a general cupping that matters. More important is the uptrend lines, and hitting off the 13 DMA. No reason to think those prices are in play. Close under .32 opens the door however. Lets cross that road when we get to it.

Just hoping it wont go too much lower during this next 60 days or so of the auto crisis because I will kick myself for not taking some profit and buying back lower.

Heres the real auto news of the day. As Bradon said, lower GM sales is good for SIrius, as long as a person buying a car, buys one.
http://finance.yahoo.com/news/Obama-...-14783196.html
Also, 60 days to get a better plan, Obama is saying your ok till then. Just cut more costs, shave some more salaries, etc... and then we can talk. GM isnt going anywhere.