Originally Posted by Demian
Holy crap, that was just the news I was looking for, that seals the deal for me I am in for the long haul. The PPS should sky rocket now, LOL.
SIRIUS XM SATELLITE RADIO FORUM
Holy crap, that was just the news I was looking for, that seals the deal for me I am in for the long haul. The PPS should sky rocket now, LOL.
I don't disagree with your strategy either, especially with BK off the table at this time... If your in a position to continually average down by add new money then it is a great strategy.... I also stated this morning that .20 is a wall because of all of the investors that got in at .09 - .12 and now are seeing a doubling of returns.... and played it for this short term gain. These folks as you say will "churn" through with new batches coming on board at different price points....
I also know that their are people like myself, who are not interested in adding any new money here to this equity. The pops and drops are for them.... I hope to be here until the r/s and by then, hope to have gained both shares and equity... My way of doing it is definitely more risky, and definitely has to be done by being "hands on", "real time", Level II, with 4 decimal place buy and sell capability only... otherwise it is foolish to even consider doing it on these moves that we are seeing now.... Without the right tools its like throwing a dart with the blindfold on.....
Look at it this way...With the compete lack of advertising no one will know. Just like no one knows the Mirge is available (much less whatever a "mirge" is) and no one knows that all dead sirius receivers are going to be activated for a week...
Yes, this is very common. PPT does that with major index funds to paint resistance and support lines right at the close all the time. The market will be bad all day, drive under key support, but during weak volume, it will close it just back to that resisitance line, making you think overnight it might reverse.
Oh crap! Does this mean we're done? Is the Fat Lady going to sing?
OK John. You win. Nothing has made me laugh that hard in a while. I'm going to go have a frosty beverage in celebration of a good week for Sirius. Back to lurking Monday. Have a good weekend everybody.
That sure would be nice. I actually had a dream a few weeks ago I was checking the quote and it was at 1.67. I had no idea what time of the year we were in, but I remember being one happy man.
I think SIRI spikes up in the pre-market monday, that would be the safer time to sell if you wanted back in cheaper. Pre-market spikes have a history of retracing back to fill the gap with this stock, but just when you think you have figured out the rules - they usually change them on you......Just sold my stake @ .1998. Will buy back in Monday when it falls back. I have this wierd sense of relief......
Hope I'm right.
It's a lot trickier trying to do that on the way up than on the way down...
Last edited by Demian; 03-13-2009 at 04:29 PM.
Well, I got this stinkin T+3 and would not be able to buy back in immediately if I sold Monday morning. Also, I don't think I can do premarket trading with Zecco. With all the comradery we have been having, I hope it continues to go up for everyone's sake. A slight 1 - 2 cent pull back will give me more shares when this puppy decides to really run. Like some other's have suggested, I don't see any more real news until the Ipod anouncement next quarter. Any shivers will still back this share price down. We have a lot of sellers above $0.20.
I have to take emotion out of it and try to make a few bucks in the interim.
Have a fantastic weekend everyone!
I love Old Chicago's......Don't get to that side of town much but will drop you a message if plans take the family that way.Well when you guys head out to the pub, make sure it's Old Chicago's on Hampten and Tamarac Square. I'm a waiter there and I'll hook you up with a discount, just leave a fat tip so I can buy more SIRI
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