FoolN...Originally Posted by FoolNHisMoney
These are the key support levels from the way down..when we broke them we cascaded down to the next level...check a 6 month chart. I remember 'em like it was yesterday.
SIRIUS XM SATELLITE RADIO FORUM
FoolN...
These are the key support levels from the way down..when we broke them we cascaded down to the next level...check a 6 month chart. I remember 'em like it was yesterday.
My theory has always been they will be in from the bottom. I believe they are already in, just adding, and taking out shorts now.
Naa,why would the big money wait? This guy might be right, but he might be surprised as well as how much big money bought at .05, .10, .12, and .15 cents. Go back and add up the volume in mid Feb. Its staggering. Over 1.5 billion shares.
Looks like we're in for another wild ride on the rollercoaster that is Sirius. Good luck today everyone.
You're right and it looks like there is another around $0.85 or so too.
remember when we thought .68 was the bottom? It held once, then we bounced back up to a buck in Pre on Sept 16 ish..just before Lehman. Second time we tested .68, we stalled then dove. Same thing @ .55...then remember when we held .39 ish for a while? Then broke that and it was .27. I bought in at .27 after Q3 CC. They held sucked a bunch in there before taking down to .21 in Pre. That Limit Down morning. Then they panicked that morning and covered up to .43 where we hit a stone wall. Then it was back down through the same points and of course you know the rest...
I will reiterate once again, we would all rather still be on SA, as it has a larger exposure. The whole point of posting there was for max exposure to the truth about this stock. This site is a decent second option.Pill...
Glad you made it over. We left SA after they deleted our on-topic comments to an article and threw us in the basement. Several of is were already members here so it was the logical jump. Charles has a great site going here...
Tip on easier viewing. Go to UserCP up top there and change your posts per page to 40. Helps to have more posts to scroll rather than pages...
A general question:
Again, I'm a low level player-dipping my toe for the first time. I've averaged in at .1284 a share...I have 3000 shares...
What happens to my cost average if I sell 1500 shares back? Does it stay at .1284?
Nice tosee you more serious holders of this stock getting some good news...Me, it was basically for kicks and to possibly pay off some credit cards...
Thanks,
Bill
Here's a thought, which takes us back to the RS issue. What if institutions are loading up now in advance of a RS to increase their positions at a much lower price?
yeah, I do recall a stall about mid to lower .80's as well. But probably a weak position. If I recall, we held at like .83ish for a few days before we got otaken out back. We fell right through the .70's no questions asked, so no position there for sure..
