SIRI Intraday Thread Wednesday May 6th 2009

[toxdoc]

Hey, get a glue spellchecker doesn't make you intelligent. get a glue it is a blog. You know I say aint when I talk to friends. I didint when I was talking to someone I was going to design or build a house for. DO YOU GET IT.

Truthfully, it's more than a misspelling. He deliberately typed the word "hear" when he should have used the word "here" more than once. He used the word in the wrong context, which was a little disconcerting to me given the fact that I came on here (not hear) to get some intelligent insight on Sirius stock. That's all I'm saying. And yes, I do get it.

[sxminvestor]

Not to do with Sirius, but there is a big smackdown coming on the indexes, at least 10%.

[trippingthespeculatingpos]

well looks like ben lost the chance to sell at .52 and get it back 2 cents lower, cmon ben keep us updated with your elite trading activities.

[trippingthespeculatingpos]

.50 is holding pretty well.

[underway]

.50 is holding pretty well.

yup. looks like we ran out of steam and settling at around .50 - .51...

predictions on close? I'm thinking .495

[SiriMonkey]

YES! this is exactly the point to those who keep harping on hitting the SELL button. It's all about individual strategy, risk tolerance, and short term need (or not) for some cash. There's no right or wrong to this. But some keep dwelling on it. If you're day trading and therefore make your monthly income on the trades, hell yeah....ya gotta sell some stock! NO SH&T SHERLOCK! If you aren't day trading, but you have a need to put in central air, or buy a new car, or whatever, that's right....perhaps you sell some shares! But, if you don't have short term needs or short term strategy, hell...stay in the game for the bigger play. IMHO.

Totally agree with you. Unlike some that continue to push the
"sell, buy back strategy" that is not for me. 1. I really would not
know what I am doing. 2. I'm just happy hanging on until it reaches $10 a share, next year. LOL. Then I'll think about selling some.
Julie
Disclaimer: My prediction of $10 a share is perhaps a little too
optimistic, lets say $8 just to keep it real.

[bassmaster]

I'm assuming you avg'd down..i'm at 400k with .26avg but first shares aren't long until August 09 and then Nov.,dec. and rest in Feb 2010..so $1.50 is my number to reassess my position..but at least 2/3 of my shares will be long term..years.

sooooooo jealous....i hate you..lol j/k...gl

[jonpluc@aol.com]

Well i sold at .51 from a purchase price of .33. Im waiting for the usual 20% drop to get back in the game.

[trippingthespeculatingpos]

gl jonpluc hey that rhymes

[JohnnyIrishXM]

shares are drying up and small blocks available at .48 to .53 range so that is our range for now,but later it could get crazy as some will want out and in before close today..Game of chicken right now..