I was thinking the weekly chart on SIRI seems to be looking pretty good. Despite the sell off these last days this stock has held it’s ground.
Decisions, decisions (SIRI)
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The Big Dog is Down
Originally posted by WebsmanEver heard the saying, "buy on rumor, sell on news"? I say it's overbought. I'll buy SIRI at $6.
By the way, take a look at TASR this morning. Down about $4.35 as I write, or about 22% in one hour . . . . OUCH!!!
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Originally posted by New-born babySpike,
TASR-bad news for them. They are being investigated for their over reporting of sales, and also the effect of their stun guns. That's why the drop.
Yes, I've been watching it for a possible entry!
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SIRI in SERIOUS TROUBLE
WEBS,
LOOKOUT BELOW! SIRI is in serious trouble. XMSR came out with NEWS today that has led XMSR shares higher, and sent SIRI plummetting. XM is going to counter SIRI's Howard Stern, video, and all the promos, by introducing a new POLKA CHANNEL. That's right, XMSR is going to polka your world. SIRI for $5 is a real possibility. The big dog is in real trouble now.
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if you're looking for the next bubble to pop
look no further, IMO...
The next market to be penetrated by these two companies will be the toilet paper market. That's right, 2005 or 2006 will see many butts wiped clean with these stocks. (Just my worthless opinion of course)
What I based this on is a quick glance at the finances of XMSR, which showed that last year while they sold over $200M worth of stock to the hungry masses, they racked up over $300M in administrative charges (these don't usually go away) on less than $200M revenue (but this often does). Something just doesn't add up... or have they already figured out that they're selling $30 pieces of TP?
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Originally posted by jiesenlook no further, IMO...
The next market to be penetrated by these two companies will be the toilet paper market. That's right, 2005 or 2006 will see many butts wiped clean with these stocks. (Just my worthless opinion of course)
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