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

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Originally Posted by Joeboo1

I still haven't heard anything about that pre-market sell yesterday at .24? Anyone know what happened there?

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Joe, here's what I posted yesterday morning:

Yesterday, 05:54 AM (PST) #439
MLSiri
Member

Tripps, that .24 trade in pre-market was the first one of the day - for 100 shares... Lots of 100, 200, 300, etc. share trades. Trying to break .17, but meeting resistance.

Bear trap, or the sky's the limit??? ... stay tuned

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Originally Posted by TWAsiri

Relmor,

The 6 mil .20 block just dropped to 4 mil with more build beyond 20. Does that tend to indicate that they are going to let it hit and possibly pass .20 today?

Looks like the buy average is up some too. I don't see the lowere numbers that have been hanging around all day. Some in the 17's.

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TWA - the number of shares dropped because there were over 3 million shares sold/bought at .2!

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Originally Posted by TWAsiri

Relmor,

The 6 mil .20 block just dropped to 4 mil with more build beyond 20. Does that tend to indicate that they are going to let it hit and possibly pass .20 today?

Looks like the buy average is up some too. I don't see the lowere numbers that have been hanging around all day. Some in the 17's.

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I think they are fully intending to keep it under .20 cents as long as they CAN. Its a psychological barrier only. Being in the teens is very embarrassing, and glares at you, doesnt it. AH it might break .20, or PM tomorrow. If it closes near .19, we could see a break out of .20 cents. But to be honest, I have no clue. Ill be the first to admit it. I need more trading days away from the report and CC to be able to make any projections medium or long term. Pull backs after a 25% up day are always possible, even likely, in normal stock situtions. As Sirius hasent traded like a normal stock in forever, I really dont know what its going to do 10 minutes from now other than .16 is clear, and a pass by .20 cents could spell .22 cents easy.

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Originally Posted by MLSiri

TWA - the number of shares dropped because there were over 3 million shares sold/bought at .2!

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Thanks. I wasn't sure if it was an actual buy or the MM's pulled some down. Still a rookie. I guess some folks gave up on trying to buy lower and pulled the trigger.

Well, I have my order in @.20 to help me to a position of free shares that I plan to let ride. I hope we break it in AH.
More importantly, I wish all here some good fortune with this stock. It has given me fits trying to buy my average down over the past 2 years.

P.S. Can't wait for that documentary!!

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Originally Posted by TWAsiri

Thanks. I wasn't sure if it was an actual buy or the MM's pulled some down. Still a rookie. I guess some folks gave up on trying to buy lower and pulled the trigger.

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No prob! But, again, this maybe a case of the blind leading the blind! LOL

just mentioned siri/ipod on cnbc....

CNBC just announced the SIRI Iphone/pod news... But, didn't say anything about the almost 25% stock rally!!!

Thanks Rel. I started staring at level II for the first time today. Still trying to figure out exactly what the heck it all means. Probably not alone there. I will take this opportunity to thank you and the other regulars here. I almost bailed on this stock with a significant loss a couple months back. After accidentally stumbling into you, cos, 888's, sl62, killer and the rest I thought your logic made pretty good sense and I threw the dice a few more times. No nails left, but I'm now .01 away from being in the green on my overall average. My thanks are sincere.