1/2/13 Merry Cliff-mas!!!

[abcdarin]

Speaking of "trade strategy", it took me a long time to overcome a stigma which has long haunted me. Given that most of my trades are in 10K share blocks, I often (to my detriment) hesitated or abandoned a planned trade, thinking I could possbly gain two or three cents by holding out a little longer. Usually, that kept me from pulling the trigger, and consequently, I've had regrets.

Two or three cents on a 10K-share trade equals a mere $200 or $300 difference. From now on I stick to my planned strategy, and today rather than even thinking of moving off of my $3.05 sell order, I'm holding pat.......... And then I put those proceeds up on the "buy" side at 2.89 (where I see that gap from this morning), hope for the gap to fill, and when it does, I accumulate an additional 553 shares (over and above the original 10,000 that I sold)...........I think that's the same game played by Denco and many others sitting here on this board.

Right there with you on that gap filling!!!! Good Luck!!! It seem that if you have a plan it works out better. I keep changing mine and it gets me no where. Stay the course!!

[yoda4x4]

If memory serves me right, there's at least one other open gap besides the one at 2.89. What other gaps exist?

[radejs]

http://www.4-traders.com/SIRIUS-XM-R...atio-15733115/

Maybe some news January 9?


Sirius XM Radio Inc : David Frear to Present at the Citi Global Internet, Media and Telecommunications Conference

[Limit5Bass]

here are two that i know of...doesn't look likely that these 2 will fill though....

SIRI 2013-01-02.jpg

If memory serves me right, there's at least one other open gap besides the one at 2.89. What other gaps exist?

[siriusly_invested]

Yep, glad to see Bassman on his toes today. I was just about ready to comment that those are a couple of slender gaps at 2.20 and 2.46 or so, and i agree that it is unlikely we'll see those fill.

Looks like we may have run out of steam for today so apparently we need to await further stimuli, such as auto numbers and that Frear presentation on the 9th. In the meantime, I personally hope for 2.89.

here are two that i know of...doesn't look likely that these 2 will fill though....

SIRI 2013-01-02.jpg

[blackops]

Yep, glad to see Bassman on his toes today. I was just about ready to comment that those are a couple of slender gaps at 2.20 and 2.46 or so, and i agree that it is unlikely we'll see those fill.

Looks like we may have run out of steam for today so apparently we need to await further stimuli, such as auto numbers and that Frear presentation on the 9th. In the meantime, I personally hope for 2.89.

Me Too! Missed 2.88 on Monday! Sh**!

[radejs]

Will the a**hole market makers let it close above $3?

[radejs]

I doubt it!

[radejs]

son of a B!
I was wrong
$3.01 close
Hallelujah!

[radejs]

Or should we say
Merry Cliff-mas!