SIRI Weekly Thread 8-10-09

[imromo24]

momentum slowed on friday and there looks like it was sold off at the end of the day....Another indicator would be that its in a very OVERBOUGHT condition, do i know what that means? not totally, but my experiences say the next thing to come is a sell off and a dip in price. If we closed at .56ish friday maybe monday goes down from there, at least at some point during the day.

Patience is the key in investing...Ive been working really really hard to learn patience.

[imromo24]

Id say .565 is a place to sell not buy, but im just playing stock market analyst, im not actually one...we will know more on monday/tuesday

[SiriMonkey]

momentum slowed on friday and there looks like it was sold off at the end of the day....Another indicator would be that its in a very OVERBOUGHT condition, do i know what that means? not totally, but my experiences say the next thing to come is a sell off and a dip in price. If we closed at .56ish friday maybe monday goes down from there, at least at some point during the day.

Patience is the key in investing...Ive been working really really hard to learn patience.

Question. Let's say there is a dip in price Monday. Would it necessarily
stay there until, oh let's say Friday. Or will it bounce back up quickly.

Disclaimer: I, Romo, am only giving my opinion and Julie understands this
totally!

In other words, is that boat going to pull away again without me?

Hope *your('re) enjoying the weekend,

Julie

*We are NEVER going to let that one go.

[SiriMonkey]

Hey Romo"

Your 're a solid person for trying to give Julie some options.

Hey, I agree, there will always be another trade and another day.

Socal

Hi Socal,

I agree Romo is a 'Solid' guy for pointing out different options.
Whatever solid means, must be a California term.
Kinda like groovey, right.

Julie

[SiriMonkey]

----------------------------------------
What's up Jules?

Do they get T.V. up there in frostbite land????? You might note that many of the shows originate out of Cali.

Mmmmmmmmmmmmmmmm. Haven't caught that reality show out of Michigan yet. Maybe they could do a "Real Housewives Michigan" show?

It's a rad day here, we like to take our "females" out for a walk. Capiche?

Not to much, Socal. Just out gathering wood for the fireplace.
Real Housewives of Orange County. Now THAT'S a show to be proud of.

So much peroxcide, so little brains. Capiche?

Jules
Who by the way has more than 2 brain cells in her head.

You really need to start offering your 'Pearls of Wisdom' more often.
Your 219 post count is looking pretty pathetic. Oh, I'm sorry,
forgive me! Wisdom is nowhere to be found in California.

Good night.

[bassmaster]

momentum slowed on friday and there looks like it was sold off at the end of the day....Another indicator would be that its in a very OVERBOUGHT condition, do i know what that means? not totally, but my experiences say the next thing to come is a sell off and a dip in price. If we closed at .56ish friday maybe monday goes down from there, at least at some point during the day.

Patience is the key in investing...Ive been working really really hard to learn patience.

have to disagree with ya. i think its going up alot the next few days.

[SiriMonkey]

http://www.themoneytimes.com/feature...d-1080210.html

Good Morning Everyone,

Very upbeat article to end our week. Or begin our week, however
you view Sunday.

Julie *

* Who has now mastered the art of linking and is so proud
to be able to bring you this up to date information.
Practice made perfect.

[candleman]

Julie, Romo, SoCal, Bassmaster..... Here's my two cents worth.

SIRI is becoming a REAL stock again. It's days as a penny stock are over.

With that in mind, consider this. A REAL stock like Ford, GE, Coke, Walmart, Sears,...whatever, usually doesn't correct more than 5 to 10% before it starts to climb again. Let's say SIRI takes a 10% correction. That only puts it at 52 cents. And that's a what if. There is a lot of positive news that can have a positive effect on SIRI. So, the 10% correction may not happen this week or next. If a person buys at 58 cents, sooner or later, they are going to profit from that buy. If you wait till 65 cents, you lose some potential profit. I've been buying a few thousand shares everyday for the last week. It's been a pretty profitable ride so far.

I know, I know.... I'm just too damn positive. But, it's how I feel about this company. I really think the worst is behind us and other investors are going to start jumping in before the so called boat leaves the dock without them.

With all of that in mind, here is my usual disclaimer. I'm a friggin' candlemaker, so what the hell do I know?

Have a great Sunday everyone. Julie, enjoy Chicago, it is a really wonderful town.
Chuck

[candleman]

http://www.themoneytimes.com/feature...d-1080210.html

Good Morning Everyone,

Very upbeat article to end our week. Or begin our week, however
you view Sunday.

Julie *

* Who has now mastered the art of linking and is so proud
to be able to bring you this up to date information.
Practice made perfect.

Julie,

That was originally on Motley Fool last Friday. It is very positive and upbeat. This is what I'm talking about. There may be quite a few investors that read this stuff over the weekend and decide to buy early this week.

By the way, great job on the linking. Your skills are just amazing. They should make you President of the Bank very soon!

Darn, now I have to go to the beach and put up with all that sunshine and cool ocean breeze. I hate doing that

[SiriMonkey]

Julie, Romo, SoCal, Bassmaster..... Here's my two cents worth.

SIRI is becoming a REAL stock again. It's days as a penny stock are over.

With that in mind, consider this. A REAL stock like Ford, GE, Coke, Walmart, Sears,...whatever, usually doesn't correct more than 5 to 10% before it starts to climb again. Let's say SIRI takes a 10% correction. That only puts it at 52 cents. And that's a what if. There is a lot of positive news that can have a positive effect on SIRI. So, the 10% correction may not happen this week or next. If a person buys at 58 cents, sooner or later, they are going to profit from that buy. If you wait till 65 cents, you lose some potential profit. I've been buying a few thousand shares everyday for the last week. It's been a pretty profitable ride so far.

I know, I know.... I'm just too damn positive. But, it's how I feel about this company. I really think the worst is behind us and other investors are going to start jumping in before the so called boat leaves the dock without them.

With all of that in mind, here is my usual disclaimer. I'm a friggin' candlemaker, so what the hell do I know?

Have a great Sunday everyone. Julie, enjoy Chicago, it is a really wonderful town.
Chuck

Thanks, Chuck. I, (We) always appreciate your two cents worth!
Obviously you're a candlemaker who knows a lot.
How else could you be living the life, lying on the beach and watching
the dolphins? Not just from selling candles.

Thanks for your well wishes on my trip to Chicago. It is thundering
here, hopefully it won't follow me on the train.
Be back Thursday.

Julie

See post above. Chuck, for you.