FoolN...
These are the key support levels from the way down..when we broke them we cascaded down to the next level...check a 6 month chart. I remember 'em like it was yesterday.
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Looks like we're in for another wild ride on the rollercoaster that is Sirius. Good luck today everyone.
remember when we thought .68 was the bottom? It held once, then we bounced back up to a buck in Pre on Sept 16 ish..just before Lehman. Second time we tested .68, we stalled then dove. Same thing @ .55...then remember when we held .39 ish for a while? Then broke that and it was .27. I bought in at .27 after Q3 CC. They held sucked a bunch in there before taking down to .21 in Pre. That Limit Down morning. Then they panicked that morning and covered up to .43 where we hit a stone wall. Then it was back down through the same points and of course you know the rest...
A general question:
Again, I'm a low level player-dipping my toe for the first time. I've averaged in at .1284 a share...I have 3000 shares...
What happens to my cost average if I sell 1500 shares back? Does it stay at .1284?
Nice tosee you more serious holders of this stock getting some good news...Me, it was basically for kicks and to possibly pay off some credit cards...
Thanks,
Bill
Here's a thought, which takes us back to the RS issue. What if institutions are loading up now in advance of a RS to increase their positions at a much lower price?