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

[relmor2003]

Relmor, given that the DOW is up 236 points today, how much influence is it exerting on SIRI's move versus today's SIRI CC and positive future outlook?

Very little. If the DOW was down 200 points today, still probably would have closed above .18. DOW doesnt really affect stocks too much trading at these levels. General sentiment of a rally is important however. As the market is so low, any 2, 3 day rally might make investors peak again at spec stocks. But not for just a simple bounce. True genuine market interest would have to come back from people who dont normally trade sirius or look at it for there to be any benefit from retailers. What we need are insitutions to buy and be interested. Id rather not have too much retail interest anyway yet. Wouldnt hurt though, thats for sure.

[choirgirl]

You are right. I have to admit he scared me out of FCX, still at a decent profit but could be 3times if I had hold. As to AUY, I did buy it 2 days ago at
7.48 and sold it today at 8.50. I will buy back below 8.00. What do you think?

Airman, I dont tout any stocks other than SiriusXM. My mention of AUY was only as an example. I was into AUY before I knew Cramer talked about it, and was paralized with fear when he recommened a buy on it. I sold that day. I still play it as it is an excellent gold play, with huge ups and downs. I look for stocks with volatility in areas I can understand. But overall , AUY is up over 100 percent from its lows now, and very few stocks can say that. Cramer recommended selling AUY at $4. Hes my contrarian indicator. Love Cramer, and hate him at the same time. More hate...

[mogami]

after hours volume is already over 9 million .198 last trade (1629) 8 million of this was sells at .1914 and .1911

[Sirius_Long_Hauler]

Thanks for your advice earlier, airman! I am still learning and all advice is helpful.

If we get a nice push during premarket tomorrow, I will probably sell off my remaining half. I'm hoping for .22, but that might just be wishful thinking. I feel that this spike could be a temporary emotional response to all the Apple articles, and people might quickly realize that nothing has actually happened.

Then again, this stock is trading noticeably different lately... our gains have been steady and more importantly, they are holding at the end of each day. I'll really have to just wait and see how things look tomorrow.

But I am very proud to say this: if I sell at around .20, I will have essentially broken even with SIRI! Not bad considering I was once down 98% on my initial investment.

[mogami]

.

But I am very proud to say this: if I sell at around .20, I will have essentially broken even with SIRI! Not bad considering I was once down 98% on my initial investment.

Feels good not to have to walk around like Augustus "Varus give me back my legions"

[MLSiri]

Very little. If the DOW was down 200 points today, still probably would have closed above .18. DOW doesnt really affect stocks too much trading at these levels. General sentiment of a rally is important however. As the market is so low, any 2, 3 day rally might make investors peak again at spec stocks. But not for just a simple bounce. True genuine market interest would have to come back from people who dont normally trade sirius or look at it for there to be any benefit from retailers. What we need are insitutions to buy and be interested. Id rather not have too much retail interest anyway yet. Wouldnt hurt though, thats for sure.

Thank you sir (saluting one of the generals!).

So getting new institutional and retail money will increase market cap and the attractiveness of the stock. The old addage applies here I guess - it takes money to make money. Also, this should allow SXM to get more favorable interest rates in future refi or new loans.

[Beach Gambler]

Thanks for your advice earlier, airman! I am still learning and all advice is helpful.

If we get a nice push during premarket tomorrow, I will probably sell off my remaining half. I'm hoping for .22, but that might just be wishful thinking. I feel that this spike could be a temporary emotional response to all the Apple articles, and people might quickly realize that nothing has actually happened.

Then again, this stock is trading noticeably different lately... our gains have been steady and more importantly, they are holding at the end of each day. I'll really have to just wait and see how things look tomorrow.

But I am very proud to say this: if I sell at around .20, I will have essentially broken even with SIRI! Not bad considering I was once down 98% on my initial investment.

I am also on leaning towards a .22 sell of my 100k shares. Not that I want to stay out but I think in a week or so it will be averaging around .17 and I could improve my position

[FoolNHisMoney]

Well, I'm speechless. First day EVER that this pig has closed in the green for me. And I first bought in on 2-28-2006 at $5.1/sh! I have to admit that I sold a minor position at .1997 today to try to buy in lower - looks like it might have been the right strategy for me (for a change!). But I did it only to rebuy lower and get my average down even more now that I've dumped off some of the overweight shares. Im still in it for the long haul!

EDIT: btw, this is the first time that I've ever SOLD SIRI stock

[Sirius_Long_Hauler]

After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:58 $ .198 4,940
16:57 $ .194 66,312,212
16:56 $ .198 5,000



Looks like big money is moving... what does that mean?

[Beach Gambler]

Wow it looks like it just hit.20 AH and another 800k shares since close?

700k since close I meant