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

[killerkaul]

everyone........... AH shareprice holding at .2499. Could be a lot of fun tomorrow. Will probably depend on profit taking VS + Street sentiment. Could be fiercely back and forth. " A buying opportunity ." See you all early in the morning. Don't miss this opening bell !!! ................ killer........... keeper of the Dog.

[Sworntwofun]

Wow and what was that brokerage house again? The only ones I know of that are that low are Etrade after 300 trades a quarter, and Scottrade and if you buy and sell a penny stock they have an extra charge to it. Plus there are more restrictions on their accounts then with Etrade.

Hi, Banc of America Investment also has $7 trades with no restrictions...they have been charging me 1 cent every now and then on excessive orders...you know when you change your mind 3 times within 5 minutes...They also let you trade and then settle within 3 days which could be handy!

[imromo24]

The commission, OMG, I cant make it any clearer. It would make no sense to do it. It takes in a penny stock, and lets remember it is a penny stock. it would take a 2 cent increase just to cover the commission on that many shares. That means the stock has to go up over 9% before he even breaks even. It would be the same if he bought a share of a stock at a PPS of 125. He would need the stock to go from 125 to 134 before he even breaks even. Are you guys getting it yet.

I understand where you are coming from. But everyone has to learn somehow. Plus, Today alone it went up 4 cents, he could have bought it and sold it, learned something and broke even. Or he could wait until tomorrow and turn a profit....or wait 3 years and make a grand.

Where is his $125 better invested?

I've lost several thousand in stocks this last year...who gives a crap about the $100 or so I lost in commissions.

Just sayin'....

[airman]

Now that is a way to bring levity, you do realize now how the other way wasn't.

Sorry, In my neighborhood when I was growing up, then later in the service, that is what you did when you had an argument with a friend that wasn't going to be resolved(two hard heads). Put on the gloves and have some fun. Oh well, guess it isnt common.

I grew up watching John Wayne! Donavans Reef is a favorite.

[tucknroll]

dang....my computer went down this afternoon and i just caught up, sounds like a free-for-all in here.....i was able to sell my position for .248 before i went dark, hoping for a pullback to get back in...be another early day tomorrow, best of luck to all 100 or 100000 buyins an sellers, think this pig is finally morphing into a razorback... party...

[dave99]

not sure if this has been posted, but very positive...Aug 08 SP looks like it was 1.00-1.50 PPS.

http://www.politicallore.com/economy...o-the-moon/628

[john]

I understand where you are coming from. But everyone has to learn somehow. Plus, Today alone it went up 4 cents, he could have bought it and sold it, learned something and broke even. Or he could wait until tomorrow and turn a profit....or wait 3 years and make a grand.

Where is his $125 better invested?

I've lost several thousand in stocks this last year...who gives a crap about the $100 or so I lost in commissions.

Just sayin'....

I dont know, you might have missed my original post.

Originally Posted by john
"My god man he is trying to help you out. Common sense, if that is all you had to invest (125.00) then you should have just stayed out. You cannot afford to be in the market in the first place. Let me guess you paid at least 11.99 for the trade commission. That means you paid almost 10% just in commission. People that are telling you that was ok to do are wrong plan and simple."

That was a informative post to him so he doesnt make a dumb mistake like that again


I also think it will go up. But it may go down or stay here for a while. You never really know. The fact is as a general rule, you dont buy stocks with such a little amount when the commision will take that much of a percentage of your profits. What we had here was almost everyone telling him that was a OK process to follow. He may not realize it but I actually was more of a help to him then all the people encouraging and definding him to do it.

[relmor2003]

I see your making friends in new places John. Never boring....
Media is back in full force. To me, that is irrelevant now. Its going up, and this is to simply keep new longs out, daytraders away, and make old longs book profits with fear media tactics. Trust the action, not the news.
Looking at the charts.
5 day sto. show an upturn coming, and hasnt been wrong the last 4 times(important). 5 day MACD in on a downtrend, but leveling, and has leveled before in the last 5 days and has returned up. Still hugging and going over the 50 DMA nicely. 5 day support has held easily, if a test is coming it would hit the 50 DMA at 22-23 cents(almost hit it intradday today). This could be a intraday today test, as its close enough.
1 and 3 month charts are less promising. Both reveal a retrace coming soon. Im guessing no lower than the 50 DMA.
Heres my take.
If .25 fails to break tomorrow, we will see .23 again. Thats the support now. If it breaks .23 it might just be a head fake, and not gain momentum to .20.
If it does break .25 cents there is no resistance to .32 cents, it FREE AND CLEAR. 200 DMA is way above that, and that is the last consolidated support the stock had. Goes all the way back to Nov.3rd, where a new downtrend continued.
Clearing .32 opens up a trading range of massive consolidation between .36 cents.
The next resistance is .50 cents, and would be sustantial.
Then .60 cent range offers some, and the .80 cent range offers some.
Then massive resistance at 1.00 again.
Once .25-.27 clear(might be a range of resistance here, as I was looking down on Level2, and its clear to .32, I dont think .30 cents will offer much. It will slice through .32 to .36 quickly. This can be useful knowing this when deciding at what points to sell, and when a retrace may occur. Once again, I wouldnt put much into the bollinger bands yet. Bollinger band works better on shorter term charts, for intra day trades. I dont like it for penny stocks long term. I am charting the trendlines now. I should be done tomorrow, if I can figure how to post it. This will show areas of resistance and support much clearer.

[john]

Sorry, In my neighborhood when I was growing up, then later in the service, that is what you did when you had an argument with a friend that wasn't going to be resolved(two hard heads). Put on the gloves and have some fun. Oh well, guess it isnt common.

I grew up watching John Wayne! Donavans Reef is a favorite.

I used to be in the Marine Corp. The last thing you want to do is call out a (former) Marine. That kind of brainwashing stays with you a long time.

[airman]

I used to be in the Marine Corp. The last thing you want to do is call out a (former) Marine. That kind of brainwashing stays with you a long time.

Actually I would have thought you would have understood it then.

Maybe I should have said : If you were a friend I would... rather than if you were in my neighborhood I would... My bad ..but wait that would have implied that I didn't want to be friendly.