Level 2 action today, if anyone wants to be depressed

[Brandon Matthews]

"Brandon is that article suggesting that it is always good to check the AON box? Seems to me that as long as the limit order goes through at the price I set why do I care if it's in 100 share blocks or all or nothing?"


http://www.google.com/url?sa=t&sourc...bY72NPFoQjYuSQ

5 An automatic execution is a trade for 100 or 200 shares—a partial fill of a larger order—regardless of the size of the order above 200 shares. For example, a 5,000-share buy order may have had 100 shares filled immediately. The remaining 4,900 shares of the order may or may not have ever been filled or the original order completed. The broker will advise customers that the automatic execution is designed to increase or broaden participation
in a firm’s stock. An alternative or less positive view is that it maximizes broker commissions and order flow, particularly in cases of low-priced or penny stocks.

[Wirestripper]

Interesting, thanks for the info. My only fear is BK... how likely do you think that is for CPST? If the chance is low, I may consider jumping into this ship with you...

I would have to do a lot of cash burn stuff to figure just how close they may be.

I doubt they are in immediate danger. They have not made money since inception, and if for some reason they can't roll their debt over, which is what is keeping it down, I don't know what options they have.

There is a large amount of Government interest in their tech, and they were starting to pull out before the oil prices and subsequently the exploration rigs where they put a lot of their equipment went south right when they were developing the market and had spent a bunch. But that's only a part of their sales. They have turbines on buses in Europe. They have one that runs on cooking oil. They put them in skyscrapers to save on power. They have potential everywhere.

With all these higher energy rates coming via cap and trade, they are the answer!

My bet is that they are bought by a big industrial. I'm just waiting......

Very risky tho....worse than siri in some ways because the debtors could take it. I'll do some more research and try to get back to you. I just don't know how bad it is. I need to listen to the entire conference call. That will help for a start.

[Brandon Matthews]

"MMs have an arsenal of tricks they use, of which would be impossible to outline them all. Other common ones are signals. Often, they will use 100 share trades to take a pps up or down, depending on what their desire is. If they have shares they want to sell, they will try to 'take it up', giving the appearance of a pps going up in value. Conversely, when they need shares, they 'take the pps down', on 100 share trades, hoping to 'shake weak hands' loose of their shares with the fear of a plummeting pps."

http://www.thethirddimension.net/sto...l#manipulation

[OldDruid]

Brandon,
Thanks for the link! All knowledge is good. If you chose to post similar 'basic educational' links in the future, I think you would find them well recieved. For me, life is a never ending journey of learning.

[choirgirl]

I don't want to interfere in your conversation about CPST, but if you are right about the turbines on buses in Europe, there is a good chance they participate in the new fleet on buses and streetcars in Germany, which is part of their stimulus. Siemens will have the lead in that project, my brother in law works there.

I would have to do a lot of cash burn stuff to figure just how close they may be.

I doubt they are in immediate danger. They have not made money since inception, and if for some reason they can't roll their debt over, which is what is keeping it down, I don't know what options they have.

There is a large amount of Government interest in their tech, and they were starting to pull out before the oil prices and subsequently the exploration rigs where they put a lot of their equipment went south right when they were developing the market and had spent a bunch. But that's only a part of their sales. They have turbines on buses in Europe. They have one that runs on cooking oil. They put them in skyscrapers to save on power. They have potential everywhere.

With all these higher energy rates coming via cap and trade, they are the answer!

My bet is that they are bought by a big industrial. I'm just waiting......

Very risky tho....worse than siri in some ways because the debtors could take it. I'll do some more research and try to get back to you. I just don't know how bad it is. I need to listen to the entire conference call. That will help for a start.

[relmor2003]

"MMs have an arsenal of tricks they use, of which would be impossible to outline them all. Other common ones are signals. Often, they will use 100 share trades to take a pps up or down, depending on what their desire is. If they have shares they want to sell, they will try to 'take it up', giving the appearance of a pps going up in value. Conversely, when they need shares, they 'take the pps down', on 100 share trades, hoping to 'shake weak hands' loose of their shares with the fear of a plummeting pps."

http://www.thethirddimension.net/sto...l#manipulation

Come on Brandon, these things dont exist?
The market is fair for all!!
The AON orders are another trick in their arsenal, and coordinated movements of pulling bids and asks at the same time, or moving them up in conjunction.

[asm610]

Your on to something here, sir. The more people feel like you do, the better chance this stock has at moving up. Stocks seem to make moves "against" overall sentiments. This stock however, your right, doesnt behave like a normal stock. For the volume this stock has at these prices ranges, it should be going up. Most long term sellers have long since sold out. Consolidated short effort however is looming over this stock till at least 2014, or until all bonds are paid back, or an effective R/S minimuizes shares to control float, and make the stock trade "more understandably" I suppose would be the word. Most investors are waiting for Q4, this is correct. This is "dead time" where the MM's will try to convince you to sell shares, IF, they are planning on moving the stock higher in the near future(based on as mentioned above and s&p upgrade, or a good quarter report, elimination of debt, increased synergies realized, higher than expected COH, etc...). But Homer was right , simply advancing on the day you got hit with a 40% stock dilution isnt too bad. This stock was obviously priced for BK before that, and is now priced for a terrible quarter. If you believe this wont be the case, add more shares between now and then. If you feel the quarter will be terrible, then stand aside for now, and buy at a much lower price(but we wont see sub .125 again unless the quarter is bad, missed their estimate, and give a terrible guidance for 09.)

Take a look at these numbers....it helps o realize how badly SIRIUS is messed with....even though these are bank stock numbers;

In their reports, the banks said that their net current risks and potential future losses from derivatives surpass $1.2 trillion . The potential near-term losses of $587 billion easily exceed the banks' combined $497 billion in so-called "risk-based capital," the assets they hold in reserve for disaster scenarios.

Four of the banks' reserves already have been augmented by taxpayer bailout money, topped by Citibank — $50 billion — and Bank of America — $45 billion , plus a $100 billion loan guarantee.

The banks' quarterly financial reports show that as of Dec. 31 :

— J.P. Morgan had potential current derivatives losses of $241.2 billion , outstripping its $144 billion in reserves, and future exposure of $299 billion .

— Citibank had potential current losses of $140.3 billion , exceeding its $108 billion in reserves, and future losses of $161.2 billion .

— Bank of America reported $80.4 billion in current exposure, below its $122.4 billion reserve, but $218 billion in total exposure.

— HSBC Bank USA had current potential losses of $62 billion , more than triple its reserves, and potential total exposure of $95 billion .

— San Francisco -based Wells Fargo , which agreed to take over Charlotte-based Wachovia in October, reported current potential losses totaling nearly $64 billion , below the banks' combined reserves of $104 billion , but total future risks of about $109 billion .
Kopff, the bank shareholders' expert, said that several of the big banks' risks are so large that they are "dead men walking."

The banks' credit-default portfolios have gotten little scrutiny because they're off-the-books entries that are largely unregulated. However, government officials said in late February that federal examiners would review the top 19 banks' swap exposures in the coming weeks as part of "stress tests" to evaluate the institutions' ability to withstand further deterioration in the economy.

Representatives for Citibank, J.P. Morgan and Wells Fargo declined to comment.

Hale, the Bank of America spokeswoman, said that the bank uses swaps as insurance against its loan portfolio — they "gain value when the loans they are hedging lose value."

She said that Bank of America requires thousands of parties that are guarantors on these insurance-like contracts to post "the most secure collateral — cash and U.S. Treasuries, minimizing risk roughly 35 percent." The collateral is adjusted daily.

Bank of America's report of an $80.4 billion exposure doesn't count the collateral and "also assumes the default of each of the thousands of counterparty customers, which isn't likely," Hale said. Counterparties are the investors on the other side of the deal, often other banks or investment banks.

In response to questions from McClatchy , HSBC spokesman Neil Brazil said that the bank closely manages its derivatives contracts "to ensure that credit risks are assessed accurately, approved properly (and) monitored regularly."

[RMAN]

http://shop.sirius.com/edealinv/serv...7875&scId=7875

[tucknroll]

hello all...

i'm a newbie at investing and i just bought 1k shares of SIRI today...

....

a late night welcome to siris HELL....eeexit light enter NITE.....take MELS hand off to short and short again

[Hopeful]

a late night welcome to siris HELL....eeexite light enter NITE.....take MELS hand off to short and short again

HUH??? Please elaborate...