Decisions, decisions (SIRI)

[New-born baby]

Why wait?

Close at $5.15...It feels great to know that I made lots of money on SIRI and then got out before it tanked....BWAAAHAHHAAAAAAAAAAAAAAA!!!!!

Now if it'll drop to $4, I can rebuy it with the profits I made on it! HAHAHA!!!

I'll be playing with the houses money!!! I love it!!!

DROP SIRI....DROP LIKE THE DOG YOU ARE!!!!

Hey Webs,

Why wait? Why don't you just sell it first, then buy it below $4? Shorts are fun.

[jiesen]

Shorts are all fun and games until someone gets their margin poked out on a sharp gap up.

[Websman]

I like to wear shorts since I have awesome looking legs, but I don't short stocks because I lack the experience and it might get ugly.

[CabrioM3]

Close at $5.15...It feels great to know that I made lots of money on SIRI and then got out before it tanked....BWAAAHAHHAAAAAAAAAAAAAAA!!!!!

Now if it'll drop to $4, I can rebuy it with the profits I made on it! HAHAHA!!!

I'll be playing with the houses money!!! I love it!!!

DROP SIRI....DROP LIKE THE DOG YOU ARE!!!!

Hey websmen I'm doing the same thing! That is re-enter with only house money! Its great to be us!

SIRIUS SUCKS! Till I buy it back of course, Then it'll be the best damn thing since sliced bread <wink wink>


John

[dmk112]

Close at $5.15...It feels great to know that I made lots of money on SIRI and then got out before it tanked....BWAAAHAHHAAAAAAAAAAAAAAA!!!!!

Now if it'll drop to $4, I can rebuy it with the profits I made on it! HAHAHA!!!

I'll be playing with the houses money!!! I love it!!!

DROP SIRI....DROP LIKE THE DOG YOU ARE!!!!

its goin to 2 imo

[Websman]

its goin to 2 imo

I certainly hope it drops to $2, but I doubt it'll go that far down. The trend should be down for the next couple of months, so we will see where it goes.

[CabrioM3]

Just for laughs, I'll say 2.8

Heres why I think that, it spent sometime in the 8.48 area, I am throwing out the $9's because it was a fleeting Island.
So I think it will be a bad correction of around 67%, which off 8.48 is 2.8.
My original purchase was at 3.11 so I'ld be jumping off the walls!



John

[New-born baby]

Sir Hot Today

Just for laughs, I'll say 2.8

Heres why I think that, it spent sometime in the 8.48 area, I am throwing out the $9's because it was a fleeting Island.
So I think it will be a bad correction of around 67%, which off 8.48 is 2.8.
My original purchase was at 3.11 so I'ld be jumping off the walls!



John

SIRI is hot on the news that XMSR raised their rates to equal SIRI: $12.95 per month from $9.95 per month. XMSR was up on the news, and SIRI was up both yesterday and very hot this morning. WHHHEEEEEE DDDDOOOOOGGGGIIIIEEEESSSSSSS! (as Jed Clampett would say).

[spikefader]

Channel break today. Siri wants to impress me, but it'll have to give me a good channel long day first

[skiracer]

Have to agree with you that there is nothing in the chart to make you want to buy this stock. The first thing I do in the mornings is open Briefing.com's site and the Live In Play column looking for any news. UBS upgraded both xmsr and siri before 7am this morning and Siri started up right off the bat. It looked like it was going to go off an I bought a 1000 shares at 5.81 in the premarket. It kept going an I took another 1000 at 5.98 after the open and that must have been enough to stop it because it never got higher than 5.99. I think the UBS upgrade might give it some fuel and their target is 6.75. Alot of momentum players in it, playing it and taking profits when they can which makes it harder for it to sustain it's gains. I think if it makes it's forecasted 2.5 million subscribers this year this will be the last time you'll see it at these prices. Suprised Webs didn't take a flyer on this one this morning instead of DHB.

[skiracer]

Forgot to mention that it traded over 1 million shares after the bell today at 5.93/5.94.

[skiracer]

Another 646,000 at 5.92 at 6.39 pm. That makes it close to 2 million after the close.

[spikefader]

re this chart, there was a nice channel long yesterday. Today's double bottom is a great entry I feel. Took a nibble here

[New-born baby]

More Mel news

Webs, Spike, et al

Mel K. (whatever his name) announced today that Sean Hannity will be on SIRI. Check out the Drudge report and see the news. SIRI on the move!

[Websman]

I don't know Spike. SIRI closed at the low of the day. I'll have to see what it does after hours. If it holds AH, I may try a little SIRI tomorrow.