SIRI Intraday Updates for the Week of 3/09/09

[tucknroll]

Scottrade charges 7.00 per trade plus about a .005 premium on buys for stocks under 5.00.

i use scottrade, thought it was .005 under 1.00.

[Sirius_Long_Hauler]

Question... I use TD Waterhouse where my commissions are at least $29 each trade. I'm reading that Ameritrade is part of the same company, why are the commissions so much cheaper? Can I transfer my funds over?

[mogami]

I eventually figured out it was cheaper to do larger trades then bothering with trades under 10k shares. The 9.95 on 1k shares is more then the .001 on 10k (compared to 99.50 for 10 trades of 1k each)(they still tack on the .001 on the 1k shares so you end up paying double)

[Wirestripper]

going dead red......party!!!!

The market is trading sideways. There is not enough news to move it either way. In this situation, the sideline money is not going to come in and that's that.

Wait till we get a little further along this week. I believe the major bad stuff is mostly out, but you never know. We need time to regroup and most of all, we need good news from somewhere, some sector like housing, retail.....something.

Until then......low vol will take the market down a little/up a little and side ways.

Hang in there...

Something is getting ready to happen. Just can't say what..

[killerkaul]

Mogami..................... been moving from thread to thread looking for input from the guys. Not much happening. Will keep monitoring and cruising. Too many threads to hunt through. Inefficient and time consuming. Maybe just me. I prefer one long discussion thread . ...killer.

[killerkaul]

twa siri ................. sorry....... that was directed at you. LOL

[mcmaverick]

i use scottrade, thought it was .005 under 1.00.

Here's the last SIRI transaction I made with Scottrade. It shows the total commission paid.

Date Symbol Description
3/6/2009 SIRI BOUGHT 32850 SHARES OF SIRI AT $0.14


Commission/Fees Interest Amount
($30.00) $0.00 ($4,629.00)

So, it was $7.00 plus $23.00. The $23.00 translates into $.0007 per share


EDIT: spelling

[tucknroll]

i'm still hangin....for something different, what's everyones feelings on the uptick rule, i for one think they should have never got rid of it, anyone else want to opin

[Wirestripper]

watching stem, which 5-10yrs away from anything viable, compared to siri...wanna puke!!!

It's just a matter of time before they figure out that Bush never really banned or prohibited stem cell research in any way, shape or form. As far as govt. funding, he only limited the available lines, and never interfered with private sector research.

These companies that are getting a pop will poof within a day or two. There has not been a single discovery from embryonic cells except the growing conclusion that they are useless.

just my opinion.....and why I did not jump when this news broke. It's just a short term trading op, and not worth anything else.

[Wirestripper]

i'm still hangin....for something different, what's everyones feelings on the uptick rule, i for one think they should have never got rid of it, anyone else want to opin

I have no clue as to how they would enforce it with stocks decimal trading in three places out. It was barely manageable when we had fractions, but it really didn't prohibit shorting then or now. It only served to slow a run on a stock and only for a short time.

That's why the SEC has not brought it back.