SIRI IntraWEEK Thread 08-03-09

[imromo24]

i would say the runup is almost exactly as the last one

[jonpluc@aol.com]

Well i hope i dont hate myself tomorrow but i bought at .429 and just dumped at .529

[john]

Well i hope i dont hate myself tomorrow but i bought at .429 and just dumped at .529

Dont feel bad I change my sell from .51 yesterday to .54 and at noon I was thinking did I make a mistake and now that it went through I am wondering if I didn't make a mistake. I just cant win here.

[SiriusBuzz]

i would say the runup is almost exactly as the last one

Agreed. I had to look at the chart, I didn't remember it being like this but it was and it had a nice run-up on the very last day before the Q1 report. Its so bizarre, if you saw that kind of run on APPL before an earnings report you would be sure that good news is coming... with SIRI its the exact opposite.

[candleman]

Well i hope i dont hate myself tomorrow but i bought at .429 and just dumped at .529

Hey, that's a 20% profit. Try getting that in at your local bank. That is nothing to be ashamed of!

Congratulations on making some money!!!!

[john]

http://www.fmqb.com/article.asp?id=1440146&spid=1314

Clear channel has the if you cant beat em join em mentality. It must burn their asses to be supplying the ads for one of the very businesses that is killing their radio business.

This would make sense if they had SIRIXM ads. Just saying as I have before they are not the TRUE competition to radio SIRIXM is. If anything this just proves it, otherwise they would have SIRIXM there also. Unless you think SIRIXM would not be willing to advertise on radio Charles.

[john]

Agreed. I had to look at the chart, I didn't remember it being like this but it was and it had a nice run-up on the very last day before the Q1 report. Its so bizarre, if you saw that kind of run on APPL before an earnings report you would be sure that good news is coming... with SIRI its the exact opposite.

I wish you guys would shut up because if I sell another lot because of you and it doesn't come down I am going to be pissed.





P.S. Not really I have had these shares now for so long now, I am starting to get attached.

[imromo24]

Agreed. I had to look at the chart, I didn't remember it being like this but it was and it had a nice run-up on the very last day before the Q1 report. Its so bizarre, if you saw that kind of run on APPL before an earnings report you would be sure that good news is coming... with SIRI its the exact opposite.

lol, i know...hopefully its the last time. If tomorrow runs up again, expect an immediate drop at the market open on thursday, possibly down to .44 imo, then back up later in the day and a bounce.


looks like were getting a nice run to finish the day off, got back over .53

[imromo24]

I wish you guys would shut up because if I sell another lot because of you and it doesn't come down I am going to be pissed.

ill cover any losses for anyone who can't get back in at .479 within a week.

[proactiv]

I admire your guts.........My numbers are very close to yours. I would never sell everything but I'm having trouble pulling the trigger on just a block of it.

Something feels very different in this pre cc run up....it's slow & steady, unlike the dramatic spikes like the others....

I'm afraid to sell in case of a post cc run up after a good Q report, then it settles back to the mid 50's...

Hi SD,
You're right, this run up does feel a little different. I just couldn't make up my mind if that "feeling" was boding well for the next few days! And really.. guts had nothing to do with my selling. I've been investing in SIRI only since the beginning of this year, and I have turned over my entire holding several times on peaks and valleys, including the last CC. I just felt that now was the time to reap and be happy with a 10K profit (I'm used to doing quite a bit of short term trading in my self-directed IRA, so this was not a gutsy move on my part).

I'm really hoping to acquire 100K shares in the weeks after the CC, and then holding them long... maybe quite long. I would be betting that SIRI becomes a $5+ stock over the next 2-3 years (and NOT due any crazy reverse stock split!)

At any rate, best of luck to you and your investment strategy!