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

[MLSiri]

The brick wall at .17 is ridiculous. Relmor, do you think it's a good idea to sell off today at .17 and wait to rebuy? It doesn't look like it's going to break that barrier, and there is no major event to look forward to other than Q1 results which should be horrible. With no news and upcoming bad news, won't the SP be taken down systematically until at least Q2?

Looks like over half a million shares have sold at .17; still 1.5 million to go. Next sell price I can see from the free and very limited Level II site I have is 1,854 at .1718. Only about 300k shares between .17 and .18. More than 1.25 million shares are loading up at .18. Of course, millions of other shares are on the side waiting for the right moment to sswoop into the fray...

We'll break .17 IMVHO.

Just had a .1707 sale!

[xitvp]

I would love to see a surge at EOD or AH... but is there any reason for it to happen? I'd say the CC has mostly been digested by now, I don't think there is a pop coming anytime soon. I just don't want to be stuck in that position that we ALL know so well... waiting for the next milestone while getting systematically taken down each day. I would very much like to be on the sidelines if that happens until after Q1.

It's not going to be a systematic take down (hopefully...). Again, there's news and updates of the Iphone App, Positive S&P Rating, etc. There are other things that can happen that can keep the monentum going. You're wildly assuming that this is going back to the sub .15's and while that's possible, it is also possible that we don't see those levels ever again. JMO

[RickF]

Of course they are going to say that. Tell them ISEG is always undercutting the ask. Thats the key. Right at times when the price is being driven up. Not how you get the best price for your customers. Not it at all. Tell them NITE/ARCA, and ISEG are moving in unison, and in a predictable order.
Print screen right now. They just did it again. .1699-ISEG. Undercutting .17 again.
Call them back and ask Brian why ISEG is always undercutting the other market makers, and why ARCA always follows, and NITE creeps down to follow(this is the large block support).

ISEG just did it two more times while I typed this. Im pissed right now. Total BS. Thought it might stop, but it hasnt. Must be too many large buys still in, or too much shorting covering going on, and they are manipulating it to allow them time to get out. Either way its illegal.

Plus BOOK 100 shares and FLOW 100 shares are not filling. Just staying there above the other asks at .17. Also suspicisious.

NITE has a large block on the bid side, but refuses to put it up to current trading levels. They are more concerned about staying back than filling that buy. Dont think .0003 cents really matters that much to the buyer.

Perhaps if some of the more knowledgable folks here could put some verbage together we could find an email address so that we could ALL send an email to the SEC?????

[Sirius_Long_Hauler]

.17 has been broken

edit: as soon as I posted that, it went back down to .1698 lol...

[RickF]

Ive personally given up on the SEC from SIriusXM, but I would definately think new blood, new callers wont hurt. Keep it up. MM's hate it when they are called out. Dont worry, pretty soon a video is going to be released where I call them all out, but not by names. I will reveal how they manipulate level2 and people will have some more information to work with. SEC will hate to watch this video production.

Video - is this the vid that Brandon spoke about?? Love to see it regardless of where it is from!!

[mogami]

.1712 is the 1130 drop going to happen today? then we have the after lunch drop (after it goes up again)

[relmor2003]

Broke .17 briefly.
Who was the first to offer under .17 again?
ISEG, followed by ARCA, with NITE pulling down to support.

[relmor2003]

Video - is this the vid that Brandon spoke about?? Love to see it regardless of where it is from!!

Yes. Shes got some big name interviews in the works. This is no joke.

[Sirius_Long_Hauler]

Going to a meeting, set a sell for .18 just in case... be back in a bit.

[relmor2003]

Perhaps if some of the more knowledgable folks here could put some verbage together we could find an email address so that we could ALL send an email to the SEC?????

Been there done that. But researching the subject, and looking for signs and make a seperate report would be better. Volume of reports over one big one. Brandon can offer a ton of information on the subject. Ask him too. Hes been a broker, so he knows the insider side of it. All I can go on is observations. Hard to PROVE manipulation, unfortunately. On our end.