New agreement with MLB? Anythoughts?
:thumbup:Here is to hoping that Damien comes back to bring more chat back to the intraday forum! :thumbup:
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New agreement with MLB? Anythoughts?
:thumbup:Here is to hoping that Damien comes back to bring more chat back to the intraday forum! :thumbup:
good morning all ! my x-mas shopping is done. any news or whereabouts on Mel ?
Hello people.....
I'm down in McKinney, Texas visiting family for the holidays. I've been busy watching my sisters baby and doing a little Christmas shopping.
I just picked up another big chunk of of SIRI @ .143, but still have some dry powder left...
I expect the auto money to be announced soon....
Not much Sirius news to report. I am hoping that Mel will announce something positive before the shareholder meeting. I think that's a real possibility...
Hope everyone is hanging in there...
Peace...
Demian
Pivot Table for Today
R2 - R1 - Pivot - S1 - S2
0.16 0.15 0.14 0.13 0.12
man i want to buy more too but i think it might hit the 10 cent level, no facts just a gut feeling , hope im wrong.
I've noticed how someone is trying to knockout stop triggers at .14. It always bounces off of it though. Volume looks strong today. My gut tells me that .14 is the line in the sand, but my gut has been wrong many times.....
I waited a very long time before my last buy today. I feel that the stock is about to move soon. It's been stuck in this range for awhile now.
I still have some dry powder, which adds to my comfort level....
Market red....SIRI green.:)
Oil continues it's slide.......good for SIRI.
DJ OIL FUTURES: Nymex Crude Falls As Demand Woes Outweigh OPEC
. Ê By Hyun Young Lee Ê Of DOW JONES NEWSWIRES
Ê OTTAWA (Dow Jones)--Crude oil futures fell $5 from the session's high to slide below $45 a barrel Monday as attention reverted from a potential OPEC cut to still-dismal oil demand. Ê Light, sweet crude for January delivery fell $1.34, or 2.9%, to $44.94 a barrel on the New York Mercantile Exchange, after trading as high as $50.05 a barrel earlier. Brent crude on the ICE futures exchange was down $1.14 to $45.27 a barrel. Ê "You see a lot of selling whenever you get to the $50 a barrel mark, and buying when you get to $40 a barrel," said Jim Ritterbusch, president of energy trading advisory firm Ritterbusch & Associates. "There's a lot of volatility related to the various cross currents, and it'll carry over until the market settles on a direction after the New Year." Ê The run up to $50 a barrel earlier Monday was an overreaction, traders said, to growing signs of a sizable OPEC supply cut, the dollar's slide against other major currencies and a rebound in global equity markets. Ê But ongoing worries about demand weighed on prices as equity markets reversed direction and doubts started to build about how effective an OPEC cut would be when the group meets in Algeria on Wednesday. Ê A 2 million barrel-a-day supply cut from OPEC is already priced into the market, so the cartel will need to cut back further if it wants to have a more lasting impact on oil prices, traders said. Ê "They'd need to cut 3 million barrels a day, minimum," said Phil Flynn, a broker at Alaron Trading Corp. in Chicago. Ê He noted that OPEC has asked Russia to cut its production by up to 300,000 barrels a day. Ê "If OPEC were serious, you'd think they'd ask for more," Flynn said. "I take it as a sign that OPEC's not going to do what it needs to do to support the market." Ê However, the weakness of the dollar may be stemming the slide. The greenback is down against all its major rivals and will likely remain under pressure ahead of an expected interest rate cut announcement from the Federal Reserve Tuesday. Ê "I think we would be much closer to $40 a barrel right now had it not been for a significant weakening in the US dollar," Ritterbusch said. Ê Front-month January reformulated gasoline blendstock, or RBOB, was down 2.02 cents, or 1.9%, to $1.0575 a gallon. January heating oil fell 1.13 cents to $1.4821 a gallon. Ê -By Hyun Young Lee, Dow Jones Newswires; 613-237-0669; hyunyoung.lee@dowjones.com
Ê (END) Dow Jones NewswiresÊ December 15, 2008 13:40 ET (18:40 GMT)Ê Copyright (c) 2008 Dow Jones & Company, Inc.- - 01 40 PM EST 12-15-08
The automakers WILL get the cash.......good for SIRI.
http://biz.yahoo.com/ap/081215/autos_levin.html
AP
Levin thinks Bush auto aid to look like prior plan
Monday December 15, 1:42 pm ET
Levin says he expects Bush's automaker aid to follow prior deal between Congress, White House
DETROIT (AP) -- President George W. Bush's plan to aid impoverished U.S. automakers likely will follow the structure of a previous deal with congressional leaders, according to a Michigan senator.
Democratic Sen. Carl Levin said Monday he expects Bush to abide by the earlier deal, which would provide loans for General Motors Corp. and Chrysler LLC to help them survive until March 31.
The House last week passed a $14 billion loan bill for the automakers that had Bush's blessing, but it was thwarted in the Senate after Republican leaders and the United Auto Workers couldn't agree on the timing of wage cuts.
"The president made a deal with the House of Representatives," Levin said at a news conference in Detroit. "Once the president makes a deal, he is not likely to walk away from it."
He said he expected the White House to announce terms of the plan by midweek, perhaps as early as Tuesday. He also said he expected GM would get $8 billion and Chrysler $7 billion -- the final $15 billion in the first installment of the $700 billion Wall Street bailout.
The House-passed bill includes a "car czar" to oversee restructuring of the companies to make sure they're viable. Levin said Treasury Secretary Henry Paulson would in effect become the czar, and his review of the automakers' finances may be holding up Bush's plan.
"I think he's probably satisfying himself about the books," Levin said, adding that Treasury looked at the companies' finances during the weekend and is continuing to do so. He said he's "confident they'll satisfy themselves those plans are based on solid numbers."
Levin said he's heard that the Bush package might be as large as $40 billion, possibly for the automakers' credit arms to free up loans for purchasers.
"It could be because the treasury could be looking at is not just the funds that were going to go to the operations side of the Big Three. ... On top of that they may be looking at what has always been known to be the need on the financial or the credit side for the Big Three," he said.
Treasury Department spokeswoman Brookly McLaughlin said no decisions have been made on what type of support to give the industry. Treasury officials are providing regular briefings to the White House, but she said there was no estimate on when a decision might be made.
"We continue to assess and review the information that we have received from the automakers," McLaughlin told reporters in Washington.
siri is gonna give me an ulser :o
tripping ..... I am WAY past the ulser stage ..... into absolute worry!!! I did what nobody should .... went WAY out on a limb and allowed the stupid side on my brain to take over!!!:out:
i was just listening to stern and he played some news reports about how he was going somewhere else in 2 years, and how he hasnt brought as many listeners as expected, complete bs, why is the world against sirius!!! Got enough bad news without people making stuff up.
Just alot of politics involved with satellite radio. We all own it, love it, and don't want to see it go away. Many don't realize that there are some big people connected terrestrial radio that didn't want to see the SiriusXM merger take place. Satellite radio continues to get a bad rap, its a lifestyle of music that only us subscribers will ever understand.
SIRI closed down .002 @ .1412 on volume of just over 50 million shares traded...
Now trading up in AH @ .145...
No trades after 19:21? WTF?
Dec. 15, 2008 Market Close: $ 0.1412
After Hours Trade Reporting
After Hours
Last: $ .1443
After Hours
High: $ .146
After Hours
Volume: 1,014,192
After Hours
Low: $ .1404
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
19:21 $ .1443 623
19:14 $ .144 575
19:14 $ .1418 7,966
19:14 $ .1413 1,000
19:14 $ .141 8,459
19:03 $ .1443 400
18:50 $ .1443 22,480
18:37 $ .1443 950
18:35 $ .145 19,655
18:24 $ .1443 6,570
18:23 $ .1444 1,315
18:18 $ .1444 2,115
18:07 $ .146 100
18:02 $ .145 1,411
18:00 $ .1445 5,000
17:59 $ .1445 4,000
17:59 $ .1443 1,000
17:01 $ .142 5,000
17:01 $ .142 25,000
17:00 $ .142 6,000
16:41 $ .1412 832
16:29 $ .142 2,000
16:25 $ .1412 3,571
16:24 $ .143 100
16:24 $ .142 1,117
16:22 $ .1412 347,965
16:14 $ .145 200
16:14 $ .145 400
16:14 $ .1455 200
16:14 $ .146 13,476
16:14 $ .1455 789
16:13 $ .145 389
16:13 $ .145 25,000
16:13 $ .145 5,011
16:13 $ .145 700
16:13 $ .145 300
16:10 $ .145 100
16:10 $ .1445 100
16:10 $ .1445 100
16:10 $ .1445 100
16:10 $ .1445 100
16:10 $ .145 200
16:10 $ .145 100
16:10 $ .145 200
16:10 $ .145 100
16:10 $ .145 200
16:10 $ .145 200
16:10 $ .145 100
16:10 $ .145 200
16:10 $ .145 100
20:09:59 $ 0.1443 600 shares
thas the last sale reported from td
According to the official Nasdaq site, the last trade was at 19:21.......
http://www.nasdaq.com/aspxcontent/Ex...PL&symbol=SIRI
Weird.....
I wonder what's going on.......
Rick....you are not alone!!Quote:
Originally Posted by RickF
My continued faith in SIRi caused me to buy another 1900 shares @.142today to average down to .88 for 13,000 shares. Let's hope that it will get a nice bounce up after thursdays meeting.
I just made a deposit today to my Scottrade acount. Cannot buy a security under $4 for 3 days, which puts me able to trade as of Friday (the day after the meeting). I want to have cash available just in case...
Welcome back Demian!