SIRI Intraday Thread: Tuesday April 7

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Originally Posted by Brandon Matthews

www.satwaves.com

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Brandon - thanks for the link. I actually know CRFCEO from my time embattled in the YaZOO. I may link up with him a bit more now I know he's on top of it.

Rick

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Originally Posted by Paratrooper_Rick

BG - no worries brother. Take a deep breath and be patient. HAVE a plan - but be patient...

My plan: once we hit .52 - I still have a plan to sell my "over core" block to recover the initial cost of my investment in SIRI - and will essentially pull cash equivalent to every cent I already invested in SIRI.... at that point... I can't lose what I put in. That's my plan.... and I recommend anyone else use their heads depending on their situation. (I have COS to thank for that - he started to get me thinking about the tiered strategy for SIRI)

~rick

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Thanks for the input Rick, I think I will put a sell order in at .50 and just sit back and wait AND then for sure wait before buying back in by putting a buy order in at .39. If I would have been patient in the past I would have a greater amount of shares.

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Originally Posted by Beach Gambler

Thanks for the input Rick, I think I will put a sell order in at .50 and just sit back and wait AND then for sure wait before buying back in by putting a buy order in at .39. If I would have been patient in the past I would have a greater amount of shares.

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I am still confident in the .50-.52 range in the near/mid-term. Even WITH any further retrace.... which won't be far. I've had that .52 sell order in GTC for 60-days since we started to consolidate and won't touch it. After that - it's all relaxation time - because anything I get from my core will be free and clear... and I wont lose ANY sleep about being patient while this pig grows angel wings....

Rick

Can we hold .34??????????

.3401 then .348, nice spread.....

Am I reading that correctly? 1.5million shares sold @ .34?

yet another daily low....:mad:

Don't look now, but the SAR (parabolic SAR) which is an indicator I use on my charts that I find very reliable, just went neg on the three month/daily setting. It doesn't necessarily mean anything long term, but now I'm wondering about the penant thingy. I've never really learned much about patterns like triangles, but I do use about five indicators on my charts, just to give me a little heads up.

I'm long as always, but wanted to share what I'm seeing.

Needed to stay near .36. Not good. Low volume isnt the problem. Its lack of buying. 2 possible reasons. Large buyers are using the low volume to trigger stop loss orders, to achieve a lower buy in. Or big money is already done buying, and is simply waiting for the MM's game to play out to take it higher. Retailers arent making them pay for drops like in the past, which makes me think retails powder is already dry for this stock, waiting for more news. Not good. If there was stronger retail support, they probably would be doing it sooner.
No real selling until it broke .34.
Might be playing a game of chicken on last time. If they see strong buying support they will back off, but not until then. This is assuming of course the big money for this range is already set.

SIRI Pivot Table For Today
R2 - R1 - Pivot - S1 - S2
0.37 0.36 0.35 0.34 0.33


Well it spiked down and tested S2.......

The market tanking hard isn't helping matters today...