1/16/13 SIRI Daily Thread - New Mobile Theme

[imromo24]

I'm surprised theres little conversation about the filing last night. I thought maybe they distributed the siri shares along with the starz shares initially.

I really don't see this going anywhere but down on my chart. I'm all out and in all cash. I made a day trade to get some extra cash in case it goes up. If it breaks out at least I know I can get in on a retrace to 3.17 test.

The gap at 2.95, rsi overbought, macd leveling out, heavy resistance at 3.16, curling away from the upper bollinger....that all means to me 3.04 ish is due by wednesday next week.

Just saying...to each there own. A huge liberty buy or siri buyback can change things but charts tend to predict these things. The buyback will start at 2.95 or 3.04/01 area.

[imromo24]

Confirmation today for going down would be 3.13 before 3.17

Another wrench is options expiration this week. Though, siri tends to crash Monday and Tuesday after options expiry.

[blackops]

Things are rolling way too well to be completely out of SIRI at this time IMO. And since I'm a small quantity share holder compared to many on here, I typically buy/sell my entire lot on every trade. So for me that means I'm sitting tight.

Check your PM's blackops.

David

David,
I replied to your PM...I'm still figuring out the site...not sure if it sent let me know if you got it!

Eric

[harper]

Yeah, I am in with a good chunk since about 1.35

What is going on with LMCA....symbol not trading and the filing with Stars/Sirius last night. Is Liberty doing an RMT immediately and does this mean Siri goes higher or lower ?

LMCA has a new trading symbol after the split of stars. It is LMCAD

[yoda4x4]

David,
I replied to your PM...I'm still figuring out the site...not sure if it sent let me know if you got it!

Eric

Eric,

You're good... got your PM and replied back. Check your e-mail also.

David

[imromo24]

MM's must be done unloading their shares at 3.16

[imromo24]

The greatest indicator now is volume. Down on only 16 million shares...at 2:00!

RSI back down below 70.

[blackops]

The greatest indicator now is volume. Down on only 16 million shares...at 2:00!

RSI back down below 70.

yep...slow day

[siriusly_invested]

MM's must be done unloading their shares at 3.16

Is that why my sell order at 3.15 hasn't filled? Oh well, at least I might have made one decent move today; the wife has been bugging me for weeks to throw some of her money at Bank of America. So just to try to keep her out of my hair I bit off a chunk for her, and so far it's gained about a dime a share. Hell, if I get lucky on that little investment, I may really get lucky.

PS. IM, would you mind please educating me on your avatar. I'm trying to identify the individual elements, all which ring of familiararity but I cannot put it together. What ever, it is clever and unique.

[yoda4x4]

Is that why my sell order at 3.15 hasn't filled? Oh well, at least I might have made one decent move today; the wife has been bugging me for weeks to throw some of her money at Bank of America. So just to try to keep her out of my hair I bit off a chunk for her, and so far it's gained about a dime a share. Hell, if I get lucky on that little investment, I may really get lucky.

PS. IM, would you mind please educating me on your avatar. I'm trying to identify the individual elements, all which ring of familiararity but I cannot put it together. What ever, it is clever and unique.

SLY - While I'm not IM, I'm pretty sure his avatar represents the Pittsburgh Steelers and a Vince Lombardi trophy for each year they won the Super Bowl; 6 in total.

David