Sirius Thread Weeks May 17-May31

[candleman]

That was sweet! Now to attack the two gaps from earlier this week and close at 1.07.

After seeing the markets dump earlier this week and then reading Ben's dire warning. I unloaded a lot of shares Wednesday and Thursday. Then I reloaded around 93 cents this morning. I think I'll unload those again later today.

The markets are spooky right now. I will hold my long positions, but I'm taking advantage of these swings with my so called play money.

I'd like to see us hold above a dollar, but I don't feel that is very likely right now.

[Koop]

Look at these 2 charts... Interesting???

http://finviz.com/quote.ashx?t=siri&ty=c&ta=1&p=d

http://finviz.com/quote.ashx?t=siri&ty=c&ta=1&p=d

Damn near identical.

Koop

[Koop]

Ooops.... dumb ass!!!


2nd chart....

http://finviz.com/quote.ashx?t=lcapa&ty=c&ta=1&p=d

[candleman]

Ooops.... dumb ass!!!


2nd chart....

http://finviz.com/quote.ashx?t=lcapa&ty=c&ta=1&p=d

That is very interesting. Both companies seem to be marching to the same beat.

Do you have an opinion as to what it means?

Chuck

[Koop]

Hey Chuck,

Means??? who the hell knows!!!! This market is not acting rationally in my view.

Funny ... I could have also added a chart of the S&P500 and it, for the last 30 days has almost an identical pattern.

Bottom line is that maybe we are part of the market, (lol) and not so much some "3 eyed" freak show stock as some would like us to believe.

I bought some more sub $1... I'm long.... in this since 02.

Steve

ps.. may PM you and try to hook up for coffee or.... next weekend if you are in town. We're heading to Whalehead end of the week.

[doclogic]

Yep.....the old "buy in the dip" worked nicely this a.m. with Siri

Big picture is positive....and certainly long

Though thanks to Big Ben, I played with a few shares of FAZ earlier this week and made a little there...... I just won't poke him with a stick for playing shorts like he likes to do with longs.

[candleman]

That was a beautiful way to end the week. Up 6 cents to 1.03! Hopefully we'll be in the Russel now and that will surely help in the long run.

It was nice to pick up some cheapies this morning too!

Yep.....the old "buy in the dip" worked nicely this a.m. with Siri

Big picture is positive....and certainly long

Though thanks to Big Ben, I played with a few shares of FAZ earlier this week and made a little there...... I just won't poke him with a stick for playing shorts like he likes to do with longs.

[SiriuslyLong]

That was a beautiful way to end the week. Up 6 cents to 1.03! Hopefully we'll be in the Russel now and that will surely help in the long run.

It was nice to pick up some cheapies this morning too!

Sure was, especially after this morning. Just because I have become fearful, I picked up some SPXU (short the S&P). I'll probably lose my ass on it next week when the market decides "all is well" and the last two weeks were simply emotions getting in the way of solid corporate earnings lol.

[Sirius Roadkill]

Sirius XM Radio Incorporated $ 1.03
SIRI 0.06

Short Interest (Shares Short) 160,482,600
Days To Cover (Short Interest Ratio) 2.1
Short Percent of Float 4.26 %
Short Interest - Prior 131,600,200
Short % Increase / Decrease 21.95 %
Short Squeeze Ranking™ 17

% From 52-Wk High ($ 1.25 ) -19.20 %
% From 52-Wk Low ($ 0.30 ) 236.67 %
% From 200-Day MA ($ 0.77 ) 31.63 %
% From 50-Day MA ($ 1.01 ) 0.28 %
Price % Change (52-Week) 194.29 %

Shares Float 3,770,000,000
Total Shares Outstanding 3,885,636,465
% Owned by Insiders 0.70 %
% Owned by Institutions 21.90 %
Market Cap. $ 3,769,067,371
Trading Volume - Today 109,218,028
Trading Volume - Average 74,780,600
Trading Volume - Today vs. Average 146.05 %
Earnings Per Share -0.07
PE Ratio
Record Date 2010-MayA

[SiriuslyLong]

Well here we are - the week of the Russell Rebalance. Opitimistic or pessimistic?? Last week, I was very pessimistic, but this week, I'm feeling better. I think the whole EU thing is starting to subside, but WTF do I know?

SIRI opened up a penny high and has traded from 1.01 to 1.04. It needs stablity.