the buy volume is way in the positive ruight now from being way in the negative eralier, hopefully we get a good run that holds here soon. they better not be creating another wall round .32 it seemed that way erlier.
SIRIUS XM SATELLITE RADIO FORUM
the buy volume is way in the positive ruight now from being way in the negative eralier, hopefully we get a good run that holds here soon. they better not be creating another wall round .32 it seemed that way erlier.
LMFAO - BWAAAHAHAAHAAA!!!Originally Posted by Doctor_G
If CNBC says it....then it's got to be true.
CNBC being right.... you had me there...
I've been ghosting these boards for a while now. My buddy got me into trading and specifically SIRI and I think this community is awesome. This group has a lot of very smart investors in general and i REALLY appreciate the input. I had a tough day...lost all my GE profits to Freddie this morning...but i believe in SIRI for the long so I picked up a few thousand shares at .30. My first time trading was back when it was .08 so i'm really excited about what this company has to offer.
Thanks again for all the input :-)
I'm hoping you are correct.... either way - we're not down that far in the grand scheme of things... compared to our .13 hell not long ago...
I'm still standing fast/holding steady.... although if the manipulation keeps up I may be less steady as I start drinking....
Welcome to the board... we all appreciate the diverse viewpoints we get here and I continue to remain happy with the great advice I have gotten from this board... when they write the movie about all this (Hopefully Brandon will give them a good perspective from all of us) it should be interesting... most of the posters over here are pretty tight knit group and are more than willing to help explain to and guide anyone willing to listen...
Hey guys. Appreciate all the insight as always. I have a non siri related question. I've seen you guys talking about LVLT here and there saying its a good swing, and i've been watching it since before the 1.65 pop but i'm trying to figure out if the current sp of .71 is a good entry. Any opinions?
And that is why I'm content with where we are - IMHO - could have been much worse... although that manipulative F'ing bastard trading through ISEG needs to be castrated.....
I'm starting to formulate an idea as to how market manipulators can work while the stock trends higher and am thinking today may be an example of such. If an entity with a large portion of shares was to dump a percentage and sell at market price driving it down and also benefit from those that set a sell limit at a say 10-15% down and then head to work they can run the price down rather fast and buy back in lower especially if they don't buy back very quickly.
Could this be a new trend on the way up (I am of course assuming we are still going to go up higher)? I've decided to keep a cash position and a buy order for around 20% below current price and see if I can't make some money with this theory.
Also, just fyi, my strategy for the last year or so with Siri has been avg down and buying until the SP met my PPS. I avgd down to .32 and figured I would stop buying and let this ride for a few years. (I almost always get burned if I try to trade high/low). I decided to buy a little more today at .317 and think I will now go ahead with my aforementioned strategy.
Not a bad theory Dusty if you have the cash to spend,I would recommend at this Sp .33 that you amend it to 40% which is a .13 drop at .33sp..That drop this morning was about 44%..as SP climbs you can adjust it downward in %..IMHO Try to catch lightning in a bottle,you never know!!!!
Last edited by JohnnyIrishXM; 03-19-2009 at 02:15 PM.
