SIRI Intraday Updates for the Week of 3/16/09

[mogami]

Bassakwards day today. Up when it normally trades down and down when it normally trades up. They want to insure we never get to profit from their tendencies

[Gallep]

im still figuring things out because im relatively new but. if siri is fortunate enough to make it back to a $1 would a r/s still be necessary?

Just in case some of the seasoned members missed this comment; I'm wondering this as well...

[john]

I think the bottom line is: If you're going to take the risk and go long on this - riding it up to where we know it should be valued - you WILL see dips - as some investors pull out some profits on the ride up. If you have an iron will and alot of patience - you will sit tight and say deep calming chants -

If you have a plan - stick with it - just know what level of risk you can handle..

I for one am in this for the longhaul - my plan is to hold up to approximate time of R/S then pull out 2/3rds... hoping to turn back in after the R/S does it's inevitable drop....

EXACTLY



I feel I am in the perfect position at this point while I was getting crushed before with each buy as it went down. As long as it gos up in general I can now sell the shares I bought at a lower price and not care if it gos higher because I still have (and believe me PLENTY of other shares). Now if it gos down after I sell then that is fine also because if it gos far enough I just buy back. The key to it all is do you believe in the company and the business model, I do.

[Paratrooper_Rick]

buy orders are stacked at .2310 and .2300. If no one panic sells, it will run up after that...
.2300 is probably you're best bet

yep - IF

I think some people are so near a nervous breakdown over the constant drama that is SIRI - there will be a few weeded out early as we trend upwards. I expect this isn't the first time we see people freaking out - and selling because they expect the worst....

It's all about patience and seeing the bigger trend...

I think you're on the money - hopefully .2300 is the lower limit .... I'd think it would be a safe entry point...

[Hughes]

yep - IF

I think some people are so near a nervous breakdown over the constant drama that is SIRI - there will be a few weeded out early as we trend upwards. I expect this isn't the first time we see people freaking out - and selling because they expect the worst....

It's all about patience and seeing the bigger trend...

I think you're on the money - hopefully .2300 is the lower limit .... I'd think it would be a safe entry point...

As long as people maintain their composure, we'll all be celebrating in the promised land together.

[Brandon Matthews]

Just in case some of the seasoned members missed this comment; I'm wondering this as well...

Opinions differ. I say it would be necessary to help reduce the number of outstanding shares. It would also get more funds involved in the stock.

They would not have to do it for listing purposes however, which actually is no longer the reason the company wants to do it, although fear mongerers want you to believe this.

[john]

Quote:
Originally Posted by xitvp
Why does it have to come back down? This stock is undervalued....It may very well not come back down. It will waver fractions of a cent or a cent...but I'd be careful if you think this is going back to the teens....


"Did you read the whole comment? I told you "profit taking". Also where in there did I say it would get back to the teens. If you understood the comment you would understand that the people that would have gotten out at the teens are most likely out."




xitvp, You see, common sense and logic, it almost never fails.

[Sundevil]

Just got 5000 @ .2311 With the money I made selling at .1995! LOL..

[xitvp]

Quote:
Originally Posted by xitvp
Why does it have to come back down? This stock is undervalued....It may very well not come back down. It will waver fractions of a cent or a cent...but I'd be careful if you think this is going back to the teens....


"Did you read the whole comment? I told you "profit taking". Also where in there did I say it would get back to the teens. If you understood the comment you would understand that the people that would have gotten out at the teens are most likely out."




xitvp, You see, common sense and logic, it almost never fails.

"If you understood the comment you would understand that the people that would have gotten out at the teens are most likely out." <Well, it appears that I didn't understand your original thread...My point was to some newer investors to be careful selling to advance your position as this is an unpredictable stock and you can get burned.

[SiriuslyGay]

Just got 5000 @ .2311 With the money I made selling at .1995! LOL..

I sold at .165 and am just reentering. Don't feel bad.