SIRI Weekly Thread 8-10-09

[sxminvestor]

This failure to take down further than .495 again tells me that we may be in for a real nice short squeeze in coming days.

I smell .60 cents real soon.

[Siriustunes]

Ditto, I think the low forties are coming and although I am not sure... I cant say I would be surprised by the thirties.

Taking a quick look back for the last year, it seems SIRI has always demonstrated at least a 20% pull back from any closing price that resulted from a run up. If the trend remains, it would seem .45 is the next pull back point before the next run. Correct me if I am wrong as I am not a chart analyst wizard, but I do know that behavior is a hard thing to change and this stock consistently reflects a buying/selling behavior of those who purchase it.

I am looking for the right place to add, but also not be under in my position in case I need to liquidate.

Also it is the end of the summer and people are cramming in vacations. Are they going to be buying or selling before they leave for a week or two?

[Sirius Roadkill]

Taking a quick look back for the last year, it seems SIRI has always demonstrated at least a 20% pull back from any closing price that resulted from a run up.

macroeconomic environment is vastly different
microeconomic operating conditions are vastly improved
stock is now poised to trade on fundamentals
paradigm shift in progress
dyodd

[candleman]

This failure to take down further than .495 again tells me that we may be in for a real nice short squeeze in coming days.

I smell .60 cents real soon.

I feel strongly this way also. I think folks who are waiting for the mid forties, may be missing the boat.

[Siriusowner]

Hey SiriusOwner, you still fake shorting this stock? Basher.

I am not long or short on this loser anymore, there have not been any entry opportunities after I sold. Besides, I got tired of having to buy and sell in 100,000 share lots to be able to make $100 dollars (of course I am exagerating but that is close to reality).

Oh yeah, I have 3200 shares that I got assigned back in February....I had forgotten about those. They are worthless though.

I fake about being long most of the time... how 'bout you ? Pumper.

[bassmaster]

I am not long or short on this loser anymore, there have not been any entry opportunities after I sold. Besides, I got tired of having to buy and sell in 100,000 share lots to be able to make $100 dollars (of course I am exagerating but that is close to reality).

Oh yeah, I have 3200 shares that I got assigned back in February....I had forgotten about those. They are worthless though.

I fake about being long most of the time... how 'bout you ? Pumper.

if youre not either then what are you doing posting on this thread? you provide absolutely zero information except for calling this a loser. which is an opinion...if your a trader then come post your thoughts on the weekly market thread. let us know what your buying / selling/ shorting/ etc.

[bassmaster]

he's gone , how convenient

[relmor2003]

I am not long or short on this loser anymore, there have not been any entry opportunities after I sold. Besides, I got tired of having to buy and sell in 100,000 share lots to be able to make $100 dollars (of course I am exagerating but that is close to reality).

Oh yeah, I have 3200 shares that I got assigned back in February....I had forgotten about those. They are worthless though.

I fake about being long most of the time... how 'bout you ? Pumper.

If you dont hold shares, then your opinion is useless. You have no attachment to the company other than to come here and spout your bullcrap. Makes me wonder why you bother.

[relmor2003]

Right. Your 100000 fake shares. If you bought at .40 and sold at .55, thats 15000 dollars. So you dont like money then. Looks like your bearish attitude has cost you thousands. No wonder your bitter.

[toxdoc]

If you dont hold shares, then your opinion is useless. You have no attachment to the company other than to come here and spout your bullcrap. Makes me wonder why you bother.

He bothers because he's obviously a compulsive bullsh!ter. I also find it quite pathetic that someone who owns no shares of a stock spends time on a thread dedicated to discussing that stock. Maybe we should feel sorry for him since his life apparently is quite empty.