You are too funny! Love ya man!Originally Posted by Whynot
SIRIUS XM SATELLITE RADIO FORUM
Hang on today and good luck! I am hoping for the best with the futures down so low.
Well shiot boys!! like I said last week,"the nasdaq is rolling over and we will retest our lows"..its good for me since I have been shorting like a mother but people who invest are getting crushed.. on the bright side sirius xm is holding .1303.. but if it loses that see ya at .11
the nasdaq has another day to sell off may retest 1490 level befor bouncing.. if you trade siri would be a good time to jump in but not before.. but I would buy qld at 25 .. peace
Not a pretty day for investors, but I am still bullish on the nasdaq as long as it stays above 1500. The DOW has fallen below the 8350 support level and is likely to test the 8150 that has held for the last four months.Well shiot boys!! like I said last week,"the nasdaq is rolling over and we will retest our lows".
the nasdaq has another day to sell off may retest 1490 level befor bouncing.. if you trade siri would be a good time to jump in but not before.. but I would buy qld at 25 .. peace
Our new resistance level is 8350 on the DOW and the NAS is right at 1500 as I write this.
What goes around comes around.
You are very correct, though, SIRI is an all weather stock, stays at .13 on good days and on bad days. It has found itself a home, lol, but it is sure flirting with fate today.
Have a great one, Apex!
Well, SIRI has once again moved to the low rent district. I just don't want to see it become homeless
May test .11 by this friday going into the weekend and Monday 19th holiday.
The market sucks today and SIRI has now broken .13....
SIRI and the market could rebound into the close.....or not.
With the market being down for several days in a row, this could become a capitulation reversal day........or not.
http://www.marketwatch.com/news/story/Nortel-files-bankruptcy-protection/story.aspx?guid={D1118001-351B-464C-8F47-2FA18415C5A0}
nortel just filed bankruptcy and shares have stoped trading at 30 cents, funny that they can have a higher pps than sirius heading into ACTUAL bankruptcy while sirius is a 3rd of there price with just the remote possibility.
Keep in mind that Nortel's share float is only 485 million shares though and their market cap is about a 1/3 of SIRI's........
could you elaborate on that demian? are you saying that nortel's price has less dilution than sirius?
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