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

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03-12-2009, 03:46 PM
airman

Quote:

Originally Posted by relmor2003

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.

Now that is a statement I can get behind. Is the stock Undervalued? Yes.
When will it start to really trade like it? Looks like it may be starting to but like relmor,
I am cautiously watching. Probably wont start on its road to truly trading like a "normal" stock till after Q1 report. Then I am unsure if it wont take Q2 results to settle it down.
03-12-2009, 03:52 PM
Wolf Child

Broke 100mil in volume
03-12-2009, 03:53 PM
Sundevil

Crap! I really think we are going to see some profit taking tomorrow...But they have chizeled the $.20 mark down to 2 million shares.....Thinking of selling about 25% of my stake to rebuy tomorrow.

Oh, magic 8 ball ---what to do, what to do???
03-12-2009, 03:56 PM
MLSiri

Quote:

Originally Posted by relmor2003

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.

Relmor, given that the DOW is up 236 points today, how much influence is it exerting on SIRI's move versus today's SIRI CC and positive future outlook?
03-12-2009, 04:02 PM
Demian

SIRI closed @ .194 on volume of almost 104 Million..........

.20 was the high.....
03-12-2009, 04:04 PM
mogami

well it was a good day. I was a chicken the last two days and pulled my original investment out. Now all my shares are the free kind. Mommy has her money so she is happy. (she could have had considerably more if she had waited one more day.) But it's all good. When I was down 90 percent I was not a happy person.
03-12-2009, 04:05 PM
mogami

Quote:

Originally Posted by Demian

SIRI closed @ .194 on volume of almost 104 Million..........

.20 was the high.....

Hi, I am showing close at .1914
03-12-2009, 04:06 PM
airman

Well Volume tailed off as the price was driven down. Maybe good news that there wasnt a run on profit takers at close. Obviously I would have liked to see some push above .20 by the buyers.

To all profit takers ... use some of that profit to get or add a subscription(lifetime if possible:) For me when I do finally take out initial investment I will be adding a Aviation Weather subscription with a new GPS.
03-12-2009, 04:10 PM
Rook

Airman,
Once I clear my position I will be waiting for the iPhone app to come out. When it does I will be buying the internet only sub. That's all they are getting out of me for all they have put me through! lol
03-12-2009, 04:15 PM
relmor2003

Diction is everything. Mel needs a writer bad. I was worried this word would be regergitated(spelling), and sure enough I already found it twice now.

"The company, which had to sell a 40 percent equity stake to John Malone's Liberty Media (LINTA.O) to resolve looming debt problems, is looking for new revenue streams as its primary distribution outlet, new car sales, is looking "terrible" this year, management said on Thursday."Reuters
Never use that kind of wording in a CC. Say, pressured, or challenged, or rebounding, or ready to rise again, anything...
Sucks was worse, terrible is bad too.

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