Yeah I hope you didnt have to pay a trading fee on each of those. If you select all or none it will just be one transaction
SIRIUS XM SATELLITE RADIO FORUM
Yeah I hope you didnt have to pay a trading fee on each of those. If you select all or none it will just be one transaction
Demian, can you tell me something.
If you put a trade at all or none, does it take longer for the trade to take place being you are say selling a bigger block of stock?
This guy has a history of bashing SIRI.......
http://www.bloomberg.com/apps/news?p...5uNLc&refer=us
Sirius XM ‘Challenged’ by Auto Slowdown, Maffei Says (Update1)
By James Callan
March 3 (Bloomberg) -- Sirius XM Radio Inc., the money- losing satellite broadcaster, was “challenged” by the slowdown in U.S. car sales, Liberty Media Corp. Chief Executive Officer Greg Maffei said.
Liberty, controlled by John Malone, agreed to buy a 40 percent stake in Sirius XM last month in exchange for $530 million in loans to help the pay-radio company avoid bankruptcy. The company became an “attractive” investment after it took over the only other U.S. pay-radio provider in July, Maffei said today at a Deutsche Bank AG conference in Palm Beach, Florida.
The collapse in U.S. auto sales has cut demand for Sirius XM’s radios, which come installed in cars. Total U.S. auto sales fell 18 percent last year to 13.2 million units, the lowest since 1992, according to Autodata Corp.
Liberty could find other ways to benefit from its stake in New York-based Sirius XM. Bundling subscriptions between the radio companies and Liberty’s DirecTV Group Inc. satellite-TV service could be one option, Maffei said last week.
“There might be ways in which Sirius XM and DirecTV Group Inc. could work together,” Maffei said today.
Sirius XM was little changed at 14 cents at 10:04 a.m. New York time in Nasdaq Stock Market trading. Englewood, Colorado- based Liberty’s Entertainment stock, which tracks the DirecTV stake, rose 5 cents to $16.80.
To contact the reporter on this story: James Callan in New York at jcallan2@bloomberg.net.
Last Updated: March 3, 2009 10:13 EST
Last edited by Demian; 03-03-2009 at 01:57 PM.
It might take longer to fill....depending on the market at that time.Originally Posted by westcoastsirius
Yeah I always shy away from the AON check box because I figure it's a less of a chance to be filled. I actually had that order in since start of trading last Thursday for .125 and the trading range was so tight it didn't get filled till I modified it to .135 today. That did cost me an extra commission. I'm now 34000 @ .41 That really should be my last buy... good luck everyone.
PS. Nope didn't pay commission on all the orders, just the once. That would have seriously pissed me off. Ha.
This is the equivalent of saying that the sky is blue. What exactly was new in this article to warrrant an update anyway?
EDIT: Demian, I wasn't knocking you posting that article, just the author (I realized after coming back to this thread that it may look like I'm bashing you instead)
Last edited by FoolNHisMoney; 03-03-2009 at 05:01 PM.
FNHM,
I concur....it was nothing but regurgitated trash meant to instill more fear.(The Article)
Whats up Guys, Had to step back a few days and get a new game plan for this Crazy Market...
So hear it is...Im am thinking about adding more Siri about 10,000x @.13 and as I sell of my other dead beats try to add a 2 more lots of 10,000x and a little lower than .13 buy in...Then just use 30,000 out of 80,000 to catch the small spreads but with enought shares it will make a little $...untill things settle down alittle with this stock, I think their can be some money to be earned for a while!!!
What do you Think?
This is an article on how poorly DISH Network is performing. It is interesting to note that their inability to get SIRI appears to be viewed as a negative.
This is clearly a "can't win" market. All of a sudden, SIRI has value. It's absurd.
http://www.istockanalyst.com/article...icleid/3086532
Last edited by SiriuslyLong; 03-03-2009 at 07:50 PM.
I wouldn't be buying. Last buying opportunity was 2/26/2009 @ 0.13
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