SIRI Intraday Thread: Monday April 6th

[Mello]

CNBC about to discuss uptick rule. Hopefully it's not like last week when they said they were gonna talk about "naked shorts" and they came back from a commercial and taked about strip clubs....

[learn to think]

Has anyone seen siri displaying similar patterns as any other stock? I know we do not trend with the market as a whole but was curious if there were any other indicators? My only guess would be autos but that's been too topsy turvy. Maybe there aren't any.

Watch FNM, they have been doing the exact same thing with that stock. Theirs and SIRI's stock trade at almost identical volume.

[SiriusHope]

Yes, as the range tightens, a big move is due again. We are all hoping it breaks out of this and closes up. Volume today probably wont break 20 million, so the MM's will be doing something soon. Cant make money on this stock at this volume. They know raising the price will get volume, the have seen it time and time again.

I don't have level 2 but it seems it is now stalled between .3518 and .3522. The MM's seem to be keeping a very tight range today. Would be nice to close at .36 with this type of stall.

I am not bashing but this is really pathetic for a company with so much potential to only move in thousands of a cent day to day.

[SiriusHope]

Are the MM's trying to shakeout the weak/scared holders...now pps UNCH?

[relmor2003]

Are the MM's trying to shakeout the weak/scared holders...now pps UNCH?

No, they intend to put us asleep today, and think nothings going to happen soon. Which of course it then will happen. Keeping a tight range does nothing to get weak hands out, its to prevent adding here, and to make you think this stock is stalled. Even when it was bottoming at .12 cents area, low volume was always good for a run to .15 cents.

[SiriusHope]

Thanks RELMOR...your opinion is always valuable and usually right on.

[airman]

I know that Q1 report hasnt been announced by SIRI yet. Does anyone have a feel when we might see it?

[Hughes]

I know that Q1 report hasnt been announced by SIRI yet. Does anyone have a feel when we might see it?

Based on past calls, I would guess sometime during the second or third week of May.

[Los Tiburones]

I know that Q1 report hasnt been announced by SIRI yet. Does anyone have a feel when we might see it?

FWIW ...

Etrade has "Next Earnings Date" as 5/11/09

[Demian]

FWIW ...

Etrade has "Next Earnings Date" as 5/11/09

Those are always estimated dates......means nothing without a PR from Sirius/XM. They have to announce by around the middle of May or file an extension.