Can anyone say "overbought"?............... Without some sort of new stimuli, this could be warning of a correction. Consequently, I just moved down my next buy order in hopes of making an extra buck or two.
A little slow today... let me guess... you guys are a little wishy washy about yesterday's after hours move and today's action? You don't know if you want to buy or sell. Heck, some of you are waiting for the "gaps" to fill????
I wish I knew too. Stephen Faulkner posted something in his latest article that really stood out to me.
"Liberty Media started moving for outright control of Sirius XM (Nasdaq: SIRI) in the past year, after growing dissatisfied with the company’s pace of buying back its own shares, and in developing new services and technology."
He nailed it in my opinion. Also, did anyone of you read the Denver Business Journal article about the latest FCC approval. Something in there stood out to me as well.
"Liberty Media started moving for outright control of Sirius XM (Nasdaq: SIRI) in the past year, after growing dissatisfied with the company’s pace of buying back its own shares, and in developing new services and technology."
Keep everything into perspective... we have an approved share buyback program in place and Liberty wants to maximize as much value out of Sirius XM as they can. On top of everything else, we have a Goldman Sachs price target of $3.50
If you guys follow LimitBass charts, analysis, etc... he has a short term $3.35 price target on Sirius XM. I am a big fan of LimitBass and will trade accordingly.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
What's up Denco, I let some loose some at $3.17 this morning pre-market too... was a partial fill tho. Got up at 7:00am, saw the $3.22, you lucky Dog It dropped after that, so put in my sell at 3.17 and went back to sleep woke up to a partial fill
What up lurkers.....(15 members and 67 guests online)
Sorry Bass, you know I ain't lurkin I did have to hit the shower tho, long night last night then had to get up early. Took a vacation day, so I had to get me sleepin late in. I'm rolling now tho!!! But got one of my rides I've been putting off working on that I got see about today. I'll check back later...