SIRI IntraWEEK Thread 08-03-09

[imromo24]

probably just clearing some stops before the next run.

i wish someone had found a minute chart from may, i don't know how the day went

[Siriustunes]

Who thinks this is the last buy in point for the day? .54ish range?

[underway]

I am not sure this is going to be the case this time. It is just a feeling, but better than expected or significant guidance news may happen. There is just way more positive momentum than 3 mos ago. Mel didn't have much to out weigh the sub loss last time. This time is different. And no one really knows how the iphone app subs will offset the expected sub losses. Not to mention the used car campaign. What if subs actually come in flat? Would that be a victory?

I agree that this time it feels different.....the auto industry is showing a pulse now....albeit due to gov't resucitation, but, it's all good in the here and now, and bodes well for growing SIRI top line downstream. We also had the bond issue for debt refi, so, the story told by Mel tomorrow should be much better than May 7.....

[candleman]

Wow, I just had a buy order for 10K fill at .536

What a ride!

[imromo24]

problem i see now is that todays low dipped below yesterdays close, this didn't happen last time

[imromo24]

my brother got out at .57, good for him if we don't make it back up, but im still waiting for 3:30, maybe todays take down is people realizing tomorrow won't be a miracle.

my target still stands over .58, run catalina posted the 1pm for the chart target as the time for hitting the low was dead nuts on.

[Siriustunes]

problem i see now is that todays low dipped below yesterdays close, this didn't happen last time

Good point, but there is still large ask numbers sitting at .59 and .60 Does it bode well for the afternoon?

[Sirius Roadkill]

just PM'd ya Julietwototoo . . long read; sorry.

[Siriustunes]

my brother got out at .57, good for him if we don't make it back up, but im still waiting for 3:30, maybe todays take down is people realizing tomorrow won't be a miracle.

my target still stands over .58, run catalina posted the 1pm for the chart target as the time for hitting the low was dead nuts on.

I know, I am impressed Run Cat. If it stays consistent on the moves, does .57 look back in play between 1:30 - 2:00 PM?

[Siriustunes]

Looks like we are on track to beat the 116mil shares traded on 5/6.