Well, Wednesday was an uneventful day...
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Well, Wednesday was an uneventful day...
We're just in a doldrum. The MM's are using the "bore retailers to death" tactic to shake people's confidence.
I'm going to possibly shift out of the forum for a while while I watch what happens with Brandon/Charles and this site. I will fade into the shadows until I see either a truce has been formed and the team is back together - or I will form my own site to complement satwaves and provide comment there.
Don't let the craziness fool you - no matter what happens with the SP - it is just temporary. Call me whatever you want - I believe in this company.
We'll come back up - I'm thinking most of this BS is just anxiety waiting for Q1 anouncement then Iphone App and marketing to improve.
To reply to JustSirius in the other thread, the slow long walkdown was purely the work of ISEG, but they were not made accountable by the retail investor, and the big buyers have seem to either be done buying, or not wanting to buy when volume is so low(drive it up too high). So they accumulate shares slowly, as they can, or they are just not buying anymore period. But no big selling either, so a low volume decline isnt a huge worry. In fact, its technically common. A high volume drop is bad. Im still digesting the friction information Brandon posted. Being on that list is very very interesting isnt it? Retailers seem to be out of powder, or hesitant to reload here, or enter a new position right now. Maybe its the GM dark cloud, or the market reversing again, not sure.
Newman
Smartass!LOL
Relmor: could this simply be a normal market correction? We had amazing gains, both in Sirius as well as in the market as a whole, over the past 2 weeks or so. Could this simply be reforming a bottom and creating new support levels, both for Sirius and the market as a whole?
That is what I tend to think is going on. We spikes well over 300% in the matter of a week or so. It is only natural to retrace to find support... of course, the MMs do their best to make sure that support is as low as possible.
Im still hoping my 0.30 bid hits. ;)
It's harder to lurk than I thought.... quick commentQuote:
Originally Posted by Newman
Look back through the weeks... I think the real "line" has and will stay .32 until we get the next leg up. Even with any retrace below .30 - the equilibrium seems to be .32 for the overall correction.
If you watched the dark side of the lookingglass presentation - it specifically referenced what we are seeing - where the manipulation results in a tight range - drawn out over a period of time to shake confidence - and they get people to panic due to impatience/emotion - then buy up the shares for the next leg... that is all that is happening. Nothing more or less.
I specifically bought my last block at .32 because my brain (not heart) told me it was the real battle line. I had hoped it was .39 but we just don't have the firepower to contend with ISEG/NITE right now until more big investors come onboard.
Please keep us posted PR. I and a lot of others look up to you around here.Quote:
Originally Posted by Paratrooper_Rick
Paratrooper has some good thoughts too on this.Quote:
Originally Posted by Newman
Yes, it could very well be this. The normal rule is the larger the spike, the bigger the correction, and the longer the consolidation. So its not doing anything unusual. I wouldnt be worried until .32 is broken. Then I wouldnt worry too much. As John has said, I expect this pig to be .50 cents by Q1(buy on the rumor(rumor is a good quarter). See what happened to the SP after the last report? People remember these things.
Sorry guys - I just have to make a decision right now. I support Brandon's right to free speech... and I think he is a very valuable person in this forum. It's literally causing me a migraine trying to figure out my next step. I started becoming more active in this forum BECAUSE OF Brandon...Quote:
Originally Posted by Joeboo1
I am mainly just entertainment - but I like to try and throw some perspective on things. I value the technical guidance - expertly presented by Demian/Relmore/Newman and even John - Brandon was a big part of the equation which I can't ignore.
Either I'll stay on here and try to participate as I have - or I will support satwaves any way I can. I do some web publishing/web site work on the side and may start doing redirect pages and supplemental news pages to complement satwaves - unless Brandon could use some help on satwaves directly - and I'd be honored to be more active there.
I just think that if SB is what it is supposed to be - they will see the bigger picture and Brandon will stay part of the team. I will hate to go - but will if I think it is the right call.
I consider many of you friends - understand I will follow the path I feel is right. I also have an active account on yazoo - so if I do decide to leave - many of you can find me by looking for sirius_army_airborne in that forum and clicking on my name/invite to connect.
If I do develop some websites - I'll try to drop a line to most of you so you can find me.
Good luck to all and may cooler heads prevail. Thanks to Demian/Relmore/Newman for helping me find my way in these past weeks....
One last note:
Thanks to killerkaul and cos for their friendship and helping lead the charge... and to BG for the lighter view that kept us sane.....keep up the fight and may the blue dog bite the NAB in the ass until they slowly crawl into a trench and bleed out....
Guys, I know this is offtopic and I appologize, but I am a moderator and I will give myself a strike, I promise. I just started a Twitter account. My username is dstNewman. I am a total newb to this, so either in another thread or over private message, tell me how to use the thing.
And EVERYONE needs to follow me!
Sorry, its a bit muddled. But there are new trendlines that needed to be addressed.
Notice the money flow is up, and the price is down. Manipulation? MACD one month doesnt look good. Sto. are breaking to bearish. All this means nothing however. Just needs to be addressed.
Depend on the time study, you can say we are still in a major wave up, or we have completed one wave up, (wave 1), a correction wave(wave 2), and we are now in a prologated correction wave, (wave 3). I am keeping it very basic with waves. Looking at the chart you see, a huge upswing. Completed. Then a huge correction(but never all the way, usually around 50-66%, then a retrace back, and now consolidate.
Also broke the 13DMA for the first time in this run. Not good again.
Heres another chart. Shows where the support is. Shows the waves are getting tighter, and this lattest down wave is longer than the previous wave.
May be in the 30s for a while now.
even hate to say this I'm thinking it may test.23 going into summer, maybe even .18 do to the mm greed.
I'm not trying to bash or cause a panic but over the years this thing has tended to trend down into summer.
I see savesirius has something more posted on the recent manipulation and indicates it ties into Apollo.
I think SIRI finds support on the middle Bollinger Band.........it's the green dotted line on this chart.
http://stockcharts.com/h-sc/ui?s=SIR...d=p89775725136
.32 has got to hold.......
SIRI Pivot Table for Today - Thursday
R2 - R1 - Pivot - S1 - S2
0.34 0.33 0.33 0.32 0.32
Important dates:
Does anyone know when the following are scheduled/estimated to happen?
1) Q1 Result Announcement
2) Sat Launch
3) Iphone app release
Thanks.
q1 no ideal
sat june 29th
app 2ndq! which started over a week ago
Good Morning everyone,what Newman said earlier about a 300% return on sp since bk scare is right on..log on to your account and see market biggest gainers and sirius is on it,well that will kill Retail investors ,as they know it's coming down a little and then flat till some positive news...
hope everything from yesterday gets blown over...
I am one of those longs that has been with this stock and Company as a believer for a long time... There have been many times that we have sat with high expectation on what's next. There have been few times that we have been rewarded on those expectations. I do think that given the recent investment by Malone / Liberty, that things are about to change and the SP will regain traction. As relmor has pointed out, this low volume tells us exactly what's going on... Nothing. This kind of action right before the quarter report, "dark communications", waiting for news, is what is most tortuous about owning this stock. These are the times that either having some ammunition to buy on a pullback is good or being invested or watching another stock is even better.
The whole Market is in anticipation of the lousy Q1 reporting that will happen over the next couple of weeks for most companies. That is a given and in the market now... Any report that shows met "bad" expectations with some positive view of the future will cause stocks to rebound. The more companies that fit this category the more the markets will rebound in anticipation of a end of the year, begining of 2010 recovery.
SIRI will regain momentum once Q1 CC is announced. Anticipation has always been positive for the SP when BK is not in the forefront. Combine the CC Q1 report with some progress in ARPU, iPhone App, and better than expected Revenue / Subs and volume will return and the next leg up will return.... In the meantime, strengthen your position if you feel the need. Invest in something else while you wait, but wait we will until Volume picks up......