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  1. imromo24 is offline
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    06-23-2009, 11:32 AM #51

    This is sad...

    Are we all going to stay friends after this takes off?

    Im nervous I won't know what to do with myself..

    LOL!!

  2. atmgeek1 is offline
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    Joined: Jun 2009 Location: Baltimore Posts: 303
    06-23-2009, 11:57 AM #52
    Any thoughts on where we might be by the end of the week? I'm waiting for my funds to clear in my scottrade acct so I can buy later this week. I would love to see this take off but obviously after I make my purchase. I see nothing but great news coming from SXM and don't see why we shouldn't be in the .50's as a base for our late summer surge.

  3. imromo24 is offline
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    06-23-2009, 12:44 PM #53
    should I sell all of my other positions and go all in on SIRI?

  4. relmor2003 is offline
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    Joined: Oct 2008 Posts: 1,937
    06-23-2009, 12:51 PM #54
    Quote Originally Posted by imromo24 View Post
    should I sell all of my other positions and go all in on SIRI?
    Do you think they are going BK? What do you feel is fair current market cap value? If its way under what you have, then maybe bring some over, but never wise to put all your eggs in one basket. Especially this pig!!!

  5. imromo24 is offline
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    06-23-2009, 01:15 PM #55
    It is very tempting, I have been watching this thing for 5 years and everyday since the merger announcement...

    I was able to make most of my investments back by dumping cash into the market in March of 2009, quickly turning 30% profits in 2 weeks which is proving to have been the bottom of the market...and recently thanks to the other thread 200% profits on pennies..

    im not bragging just saying that it was a gut feeling and now
    SIRI is looking way up and I can't believe there is no movement...$500 million EBIDTA?? what happened to maybe $300 million....then mel upped it to $350 million...All of Mels current estimates are way low balled and the economy is making a turn..


    IMO, just sayin'

  6. aosborn is offline
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    06-23-2009, 01:17 PM #56
    I don't expect to see any big surge in price at one time. First opportunity to see that would be in a couple of months when earnings come out. Likely they will go silent with any news soon and it will drift sideways / lower until earnings. Unless they report something good we may not see a surge then. I'm not expecting any signifigant movement until atleast late this year or early next. Atleast I get an interest payment on my bonds 1st of August. just my 2 cents.

  7. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    06-23-2009, 01:23 PM #57
    F-it, greed is what kills everything, I got back to my full position today actually went over 51 shares, I will take what comes...and leave the rest alone...

    12,551

  8. imromo24 is offline
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    06-23-2009, 01:28 PM #58
    a while back we were talking about shorts covering and causing a squeeze, recently we went back up on the list of most shorted stock...why wouldn't there be a short squeeze now like there sort of was before?

    If we are valued at .70 per the upgrade today, then we could hit .85 on a fast run up, then settle down to the .60's for a while...

    catalysts keep coming we have had several days of good news, I still think Mel has one up his sleeve that will gel everything together.

    I don't take any notes so don't ever quote my numbers...but the talk of the town a while back was also once we break into the .50's we will shoot right through, I don't know why it matters that we came down that fast but it was discussed we would go right back up the same way.

  9. bassmaster is offline
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    06-23-2009, 01:57 PM #59
    Quote Originally Posted by imromo24 View Post
    Are we all going to stay friends after this takes off?

    Im nervous I won't know what to do with myself..

    LOL!!
    theres always the market thread forum.....

  10. bassmaster is offline
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    06-23-2009, 02:02 PM #60
    hey relmor , that spike we got to 63...was it on same day of s&p credit upgrade, day after , do you recall the time lapse?

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