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

**Sirius_Long_Hauler** · 03-10-2009, 11:53 AM

Yeah, there appears to be quite a large amount of "mm bullshit" these days. Seriously, if I were the SEC, how hard would it be to catch some of this stuff? Don't taxpayers pay the SEC's salaries, what exactly is the problem right now?? What a strange world we live in...

**JohnnyIrishXM** · 03-10-2009, 12:16 PM

According to Rep. Barney Frank on CNBC the UP-Tick rule is coming back in about a month,good for slowing of the shorts

**tucknroll** · 03-10-2009, 12:17 PM

Originally Posted by Lithium24

Is it gonna turn around? Im starting to wonder. Ive not been in this stock for as long as most of you, but since Ive owned it ,there is always some next event a couple weeks or a month out that the shareholders have to wait for before stock turns around. When that time comes, nothing happens. How many of you investor savy people would have guessed we would looking at a red number 2 days after 09 debt was totally taken care of. My guess is 0.

When the market is down everyone says thats the reason. Now the market is up, and we are down. People said it was BK scare, that was removed the first time, notta. Then everyone said that is wasnt really removed so of course the stock is down. Well, that is really removed and notta again. Shorts have left in large numbers, nothing happened. Gaps being filled, meaningless. Now the shareholders are waiting on the 17th? Ill make a bold prediction, nothing is going to happen. Its really not bold at all, but based on every major even that has happened with this thing since it has been skimming bk.

I want nothing more then this thing to take off. I want to look like an idiot for wondering if it ever will. I own just over 40k shares of siri and I paid for them all. Not alot for some of you, but plenty for me. As much as I like my sub, Im in this to make money. Period. Im starting to wonder if there is an upside to this thing, or if Killers dog will always be looking over the horizon.

Yes, Im frustrated, if your wondering.

my thoughts exactly, get out of my head, i have enough voices

**tucknroll** · 03-10-2009, 12:22 PM

Originally Posted by Sirius_Long_Hauler

Took my DSX profits and I am going to put it all into SIRI. I have a buy set at 0.1465 and frustratingly enough, the stock recently dipped down to 0.1466 and now it's up to 0.148. Think I might readjust my buy to 0.147...

just my 2 cents worth, don't chase it, always a pullback with such a runup, am also waiting to make one more buy......

**relmor2003** · 03-10-2009, 12:23 PM

Originally Posted by tucknroll

my thoughts exactly, get out of my head, i have enough voices

Good. Good stuff. Sentiments rallies are born from.Im glad to see long time holders pessimistic. Means the MM's are working, and getting everyone flatfooted and complacent, or just out of the stock altogether. Usually when everyone is sure we will get a move we dont, and were sure we wont, we will.
I love this stock as an example right now.
AUY killed their quarter, beating estimate by over 400%. It is now trading lower than before the report. Why? Because the metics on which the stock trade is the price of gold, which has dropped dramatically.

So your asking? What metrics does SiriusXM trade right now? Well, its never made a penny. It has huge debt loads. Its considered a discresionary stock(entertainment, not exactly a necessity) and a CEO thats as silent as Charlie Chaplain in his movies. I think its trading based on "not enough information at this time"......
So when more information is given, we will see the stock respond. IT didnt crash after the dilution, and BK scare couldnt keep it below .13 cents either. If you bought at these levels or lower, you still looking good. Buying SIriusXM at .12 cents is doing a lot better right now, than buying GE at 10 or BAC at 5. Be patient, and let this company communicate now to the market. If it likes what it hears, with all the sell ratings, and the lowered price projections, and the lowered Short interest, and the institutional buying, this stock has only one direction left.

**tucknroll** · 03-10-2009, 12:36 PM

Originally Posted by relmor2003

Good. Good stuff. Sentiments rallies are born from.Im glad to see long time holders pessimistic. Means the MM's are working, and getting everyone flatfooted and complacent, or just out of the stock altogether. Usually when everyone is sure we will get a move we dont, and were sure we wont, we will.
I love this stock as an example right now.
AUY killed their quarter, beating estimate by over 400%. It is now trading lower than before the report. Why? Because the metics on which the stock trade is the price of gold, which has dropped dramatically.

So your asking? What metrics does SiriusXM trade right now? Well, its never made a penny. It has huge debt loads. Its considered a discresionary stock(entertainment, not exactly a necessity) and a CEO thats as silent as Charlie Chaplain in his movies. I think its trading based on "not enough information at this time"......
So when more information is given, we will see the stock respond. IT didnt crash after the dilution, and BK scare couldnt keep it below .13 cents either. If you bought at these levels or lower, you still looking good. Buying SIriusXM at .12 cents is doing a lot better right now, than buying GE at 10 or BAC at 5. Be patient, and let this company communicate now to the market. If it likes what it hears, with all the sell ratings, and the lowered price projections, and the lowered Short interest, and the institutional buying, this stock has only one direction left.

i'm still pissed at myself for not buying in when it was under 4

auy

**bananaz** · 03-10-2009, 12:41 PM

This may have been addressed already but won't the restoration of the "uptick rule" help SIRI?

http://www.iii.co.uk/news/?type=afxn...action=article

Sorry JohnnyirishXM, I missed your post.

**relmor2003** · 03-10-2009, 12:41 PM

If it makes anyone feel any better my BAC calls today are doing wonderfully!!!

**relmor2003** · 03-10-2009, 12:43 PM

Originally Posted by bananaz

This may have been addressed already but won't the restoration of the "uptick rule" help SIRI?

http://www.iii.co.uk/news/?type=afxn...action=article

It wont hurt!!!! At least the "perception" of shorting will change. Cant hurt. I am a believer in the uptick rule being important as long as they stock isnt a victim of malicious naked short selling, or reshorting over and over again...
In those cases it wont help much...
Some neutral, or positive stocks it will help those more.

**Wirestripper** · 03-10-2009, 12:50 PM

Originally Posted by relmor2003

It wont hurt!!!! At least the "perception" of shorting will change. Cant hurt. I am a believer in the uptick rule being important as long as they stock isnt a victim of malicious naked short selling, or reshorting over and over again...
In those cases it wont help much...
Some neutral, or positive stocks it will help those more.

It will help the Financials, and some of the ETF's that are used as short hedges.

Siri................nope.....not likely but it depends on how they define uptick.

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

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UP_TICK RULE BACK in a month