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  1. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    08-05-2009, 03:48 PM #401
    wow, so were going to close red going into the CC?

  2. bassmaster is offline
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    Joined: Mar 2009 Posts: 1,216
    08-05-2009, 04:00 PM #402
    Quote Originally Posted by imromo24 View Post
    wow, so were going to close red going into the CC?
    obv the pros aint gonna let the retailers get the best of them. this is the dip i said wouldnt suprise me. check a/h might rise. might even rise through cc tomorrow and start a retrace later in the day. who knows. then we have 3 whole months of consolidation until the next CC!!! the cycle continues.

    i am not loving todays candle. its a very bearish sign. but will still need confirmation tomorrow.


    hey johnny , hope you're enjoying the shore.

  3. proactiv is offline
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    Joined: Jul 2009 Location: Villa Rica, GA Posts: 136
    08-05-2009, 04:00 PM #403
    Quote Originally Posted by candleman View Post
    Yes sir Johnny, you gotta love that beach life. I'm sitting on the beach in front of my house right now. Nothing like trading stocks on the laptop and enjoying the view!
    I admire your situation on the beach, candleman! Nice.

  4. bassmaster is offline
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    Joined: Mar 2009 Posts: 1,216
    08-05-2009, 04:03 PM #404
    worst case scenario, the run up is over and they started the takedown a day early. must be nerve wracking for the siri traders. i feel for you relmor. GL

  5. underway is offline
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    08-05-2009, 04:12 PM #405
    Hmmm.....insider (Greenstein) just sold restricted stock on 8/3 and 8/4. That's not good. He knows something and dumped when he could right before the CC. Remember, one doesn't have to sell restricted shares or exercise options when they vest. If you're an insider at a company like SIRI, selling the eve of the CC does not send a good signal.....unless......he really needs the $ to prevent foreclosure or repo of his new previously owned Sirius equipped Audi! LOL.
    Last edited by underway; 08-05-2009 at 04:17 PM.

  6. bassmaster is offline
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    08-05-2009, 04:22 PM #406
    Quote Originally Posted by underway View Post
    Hmmm.....insider (Greenstein) just sold restricted stock on 8/3 and 8/4. That's not good. He knows something and dumped when he could right before the CC. Remember, one doesn't have to sell restricted shares or exercise options when they vest. If you're an insider at a company like SIRI, selling the eve of the CC does not send a good signal.....unless......he really needs the $ to prevent foreclosure! LOL.

    stop the panicking. it was a planned sell. i think the reason was to pay taxes on his other shares he received.

  7. underway is offline
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    08-05-2009, 04:24 PM #407
    Quote Originally Posted by bassmaster View Post
    stop the panicking. it was a planned sell. i think the reason was to pay taxes on his other shares he received.
    How would you know that? That's good if it's true.

  8. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    08-05-2009, 04:27 PM #408
    100% out of siri at .527 after hours, fck it, why not

    took me 6 years to get back to even and now i am

    looking for sub .45 now

  9. debber1212 is offline
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    Joined: Apr 2009 Posts: 48
    08-05-2009, 04:29 PM #409

    Asfx

    I was once a SIRI holder. years and years back. Made some good money. I was then again a SIRI holder just a few months back. Once again made money. This stock for some reason cannot get out of its own way. Someone doesn't want it to move.

    If you're looking for a good stock to buy, look at ASFX. There has been a two week bottom that has been reached. .0021 is almost impossible to buy at since there is such a strong hand.

    Patience no this one will pay off tremendously. The company offers a product that is useful during the flu season and pretty much every healthcare across the world.

    The product sells in Walgreens and other stores.

    Sorry to be coming into a SIRI board and promoting another stock, but my past experiences with SIRI has lead me to believe that no matter how high we get, someone always takes it down.

    If a good earnings statement comes out tomorrow then you will most likely see .70 at best. My suggestion is to sell at that point. No matter how strong of a "LONG" you are, this one is going to get taken down again back in the 50's. From there it will move into the 40's and find a strong level there. It moves up each time and sits there until news or earnings. I'm not the smartest trader, but its common sense when you watch this stock every second of the day like I do.

  10. RunCatalina is offline
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    Joined: Jun 2009 Posts: 54
    08-05-2009, 04:31 PM #410
    Quote Originally Posted by underway View Post
    How would you know that? That's good if it's true.
    Insiders have to pre-plan their sales (xxx shares on such-n-such date). Otherwise you have the situation that you are concerned about. And they can get into trouble for insider trading.

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