What do you guys think of this??? Especially the comments?
http://mediamemo.allthingsd.com/2008...two-sentences/
Long Sirius ~~~:thumbup:
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What do you guys think of this??? Especially the comments?
http://mediamemo.allthingsd.com/2008...two-sentences/
Long Sirius ~~~:thumbup:
people love to kick something when its down. they seem to think the stock price actually represents how a company is doing lol, this is the same sirius as when it was priced at 2 dollars but what were they saying then? It's your typical follow the crowd mentality, usually the biggest winners in life dont follow the crowd.
Hey tripping,
Thanks for replying! I have to say well said!
"It's your typical follow the crowd mentality, usually the biggest winners in life don't follow the crowd." If only people actually understood that.
Long Sirius~~~
This Tim Skyes guy is a hedge fund short seller as far as I can recall. I am sure he is somehow involved in the manipulation of this stock. Complete loser.
Check his nonsense out here.
http://www.youtube.com/results?searc...rch_type=&aq=f
The truth is, we all lost with Sirius. I bet on the merger and I lost, Tim did too, everyone did. The good thing about me is that I have not bought any Sirius stock since September and even then I sold the high priced shares and dumbly bought them again in October, cheaper, but that was a dumb move anyway.
Realized or unrealized, 2008 was a loss for everyone. Even if your time frame is 1, 5, 10 or 50 years, whenever the clock hits 00:00 on 12/31 and your stock is even or is below, it will be considered a loss for 2008. That is why even unrealized 401K's have lost so much even if you are in your 20's or 30's:
For sake of simplicity, let's say at the beginning of 2008 you had $1000 USD in stock, if it had gained 10% and you did not add to the position, at the end of 2008 you will have $1100. Now, you start with $1100 in 2009 and it gains another 10%, by the end of 2009 you will have $1210. and so on. For sake of simplicity, it keeps gaining 10% in the next 10 years and you do not add to the position.
End of 2010 = $1331
2011 = 1464.10
.
.
.
2019 = $3138.43
Now, since in 2008 you actually lost, depending on when you bought but I think you said at 16 cents ? and the stock is trading @ 12 cents on 12/31 you lost 25%. wich translated to $1000 is $250. So, at the end of 2008 you now have $750.00 instead of $1000.00.
Lets assume 2009 becomes a normal year and the stock gains 10%, it will be 10% of $750.00 NOT $1000.
End of 2009 = $825.00
.
.
.
2019 = $2139.84
Now lets say by some sort of magical twist, SIRI does gain back 25% in 2009which may not be very difficult but still, is a challenge:
End of 2009 = $937.50
.
.
.
2019 = $2431.64
Now, you may have beat all of the indices and all investors in SIRI if you just began trading about a month ago... but if you have a 401K since the beginning of the year or even since mid-year, you can not say that you did not lose.
It is called compounding. In the financial markets this year, EVERY ONE LOST. The only safe bet this year was to have all your financial assets in cash and even then, some money markets dipped below $1.00... Capisce ?
Let's say you short SIRI at .13 and it goes to 1.30....you would be in the red 1,000%...
i got in late oct, had no positions before that, ever,
just face it sirius owner, i am i winnur
i think he just called everyone on this forum a loser, ouch. lets see if were all losers at the end of 2009. If im still down at the end of 2009 i will call myself a loser. I will sit on the loser bench with the losers mascot, SO!
C-R-A-P. That just about sums it up.
Long SIRI but can't wait to get out of this sorry-a**ed stock. (I know, all I need to do is a trade to be done with it, but I'm as stuck as any other long and just want the whole damn situation to change.)
I'm also sick of the puss-filled PR "articles" by the so called experts who are quick to remind us that they have no affiliation with Sirius XM.
I would like to see SIRI rebound or go flatline, anything but the continuing gasping and flopping horizontially from day to day, week in week out, month after miserable month. The long-term trendline tells the most accurate story about this stock.
Also, I've had about enough of the pumpers on this board, which, if anyone notices, if becoming rife with annoying ads.
Happy Freaking New Year (Where's Friggin Reagan? His unique humor is missed.)
Maybe 2009 will be better.
The only way that I can avoid getting torqued about SIRI is by focusing on other investments and trades (except my mutual funds, which took a beating this year.)
Well, since we are stuck, we just have to ride it out. Money can be lost either way (by waiting or trading), so what the hay! We might as well stay on that bucking bronco and see if we can make it for 8 seconds. If we do, then we win.
I said yesterday that I have a sell in for .19, however, if it makes it up to .19 or .18 then I might be hesitant to sell. I honestly want to believe in the company, and want to make "some" money, however, we shall see.
My other stocks did great yesterday. I am down very little in my portfolio which is a major improvement, thank God to (CY). It's funny, the Motley Fool, who I think is a quart low on oil, did a bit on (CY) yesterday and didn't say a damn thing after making a big opening statement..he does that a lot. He was talking about (SIRI) the other day and how it was destined to doom, but at the same time that Mel is doing "some things positive" but too late. All of these forecasters have primrose up their butts. If they were so damn smart, they wouldn't be commenting on everything bad, but would be directing people in a positive direction.
It is interesting that volatility is at its lowest since last October (according to Market Watch). That could be a good sign, because a decreasing volatility might help SIRI grow. As we speak, the only way to make money in this market at the current time is through volatility. You can either make a fortune or lose your butt.
Trading is the only way to make money, unless you buy a stock like (CY) that got beat to the bottom and is on its way up. Momma and Daddy's stocks (IBM, Nordstrom, etc..) won't make you any money right now. Why lend them your money for long periods of time for a possible small return in the future?
Volatility is our friend and enemy at this time.
SIRI is like being in a wash machine, sloshing back and forth, back and forth and not getting anywhere at present. It really doesn't have enough discipline to make any gains until people quit buying and selling tit for tat. I just don't know when this cycle will end and I really don't understand the reasoning behind it. Maybe somebody could explain this to me.
Maybe next week when the market goes back to work there will come an indication....if not, who knows...
I really want it to work and I hope that it does for everyone's sake, especially the guys that have invested so heavily and have gotten screwed.
If this is incoherent, well, it is New Year's day and in the morning when I wrote this.
Peace...and happy New Year.