SIRIUS Weekly Thread Week of 9-21-09

[sxminvestor]

Open question:

Where does the lower support seem to be? .65, .60, ???

Is there any new support forming?

It looks to be a tough week for the market to remain bullish.
It is all so nerve racking.

If I wasn't fully invested, I would be buying from now until Nov 7th on any dips because this stock is likely going to touch at least .90 by then. Under .65 is a gift.

[candleman]

We're up a little bit in premarket today. It's been a few days since that happened. Feels good!!

[mrmertz]

It is extremely rare that a RS ends up good for investors, it gives shorts much more room to play with as well.

I went through it once and the company went bankrupt, will never do it again.

My take is support at .64 and resistance at .70.

[candleman]

My take is support at .64 and resistance at .70.

That is a GREAT trading range Mertz. Buy at .64, sell at .69

Do that a few times in the next month and then buy and hold for awhile.

[relmor2003]

Business is business. I'm really happy that we'll still have our forums. And I'm really glad that Sirius Buzz will be around for a long time to come.

I love all sites like this. Good stuff here. Tyler is an expert on the company, that is definately true. No one knows there balance sheet better. Maybe Homer? Not sure.

[chicagogary]

I dont sign in often but I read daily. I love this sight and the knowledge and banter in this room. Relmor, john, candleman etal. keep up the good work. Hey what ever happened to the guy with his dog that uses to say run blue dog run. I cant think of his name right now

[john]

Correct, but I'll bet 9 out of 10 do. And, AIG is not a good example, since the gov't is bailing them out. Propped up companies are probably a good stock play as a result. Investors aren't heading for the hills on stocks where the gov't is pouring in $ to keep them afloat. No one will bail out SIRI, and the typical RS precedes chapter 11 bankruptcy or worse. Odds are not good for SP following RS. We should all hope next two quarters are very good, and stock breaks a dollar all on its own. Once that happens, it's on its way to $3 or higher. If the next two quarters suck, RS happens, and the stock is history. I don't think that will happen, as all indicators are good. IMHO.

Well then how about Agere Systems, While the company itself does not exsist anymore (they were bought out) when they did a split it put them up to 12 and within 6 months and a year they were up to 16 and 22.

[john]

I dont sign in often but I read daily. I love this sight and the knowledge and banter in this room. Relmor, john, candleman etal. keep up the good work. Hey what ever happened to the guy with his dog that uses to say run blue dog run. I cant think of his name right now

chicagogary, his name is "killerkaul" he and cos1000 are at Satwaves.

[chicagogary]

thank you....Is this forum gonna to remain here? I would hate to lose contact with all of you.

[candleman]

We're staying in the 67 to 68 cent realm today. This is just beautiful! I had a feeling that the delisting notice wouldn't hurt us too badly.