Decisions, decisions (SIRI)

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • scifos
    Senior Member
    • Jan 2004
    • 790

    #91
    Originally posted by lak
    I used to set them often and still do in some cases...... however I have heard of the horror stories of setting the stop and having someone 'reach' down and buy it. Is this really possible?
    Never thought about that. Seems possible that market makers or specialists could do that though I don't know if it's legal or not. If a specialist uses their influence to lower a price simply to stop people out, buy the shares, and let it move back to the previous price, that would probably be market manipulation.
    Buy Low
    Sell High
    STAY FROSTY!

    Comment


    • #92
      What is going on with this stock! $8.13??????

      Still happy with my sale...
      Alison

      Comment

      • lak
        Senior Member
        • Sep 2004
        • 124

        #93
        Originally posted by scifos
        Never thought about that. Seems possible that market makers or specialists could do that though I don't know if it's legal or not. If a specialist uses their influence to lower a price simply to stop people out, buy the shares, and let it move back to the previous price, that would probably be market manipulation.

        I just have heard stories of it happening......... and not just from the market price dipping quickly to something and jumping back up........ so I have been curious if this is possible or not!
        Gotta love the big board!

        Comment

        • Websman
          Senior Member
          • Apr 2004
          • 5545

          #94
          I would love to have an emotional outburst over the closing price, but I will contain my human emotions...

          It's looking like my mental sell stop will now have to be raised to $7.50.

          As far as watching stocks after you sell them, I keep watching them and try to learn from them. I also keep a written record of all my trades whether I win or lose. I re-check all of my old trades to see what has happened to the price. I don't let it discourage me if I find that I would have made more. I think of it more as a learning experience. I have found that I tend to be impatient and have sold many stcoks before they reached their full potential. On the other hand, I have sold other stocks too late.

          By keeping written records I can go back and see where I went wrong and where I went right. I am still learning a lot, but my trading has improved dramatically.

          Webs...

          Comment


          • #95
            This SIRI has baffled me for a few weeks. I’m amazed with the strength this thing has. My business partner is blowing my doors off. His first investment he made with his on-line broker was SIRI in the 3’s. Needless to say he is fired up big time. Good job for those of you that jumped on this train. Where does this thing go from here?

            Comment

            • mrmarket
              Administrator
              • Sep 2003
              • 5971

              #96
              This reminds me of all of the people who bought $1,000 of Microsoft at its IPO in the 1980's and who all said that if they had held it, they'd all be millionaires.

              The truth of the matter is that there is really only one person who holds a stock to its highest point and then sells it. Everyone else sells it on the way up. If you look back and see how high the stock went up, it if foolish to think that you wouldn't have sold it after a 100% gain, or 200% gain or 500% gain, etc.

              As the altitude gets higher, people bail out of their positions. It's just market psychology.
              =============================

              I am HUGE! Bring me your finest meats and cheeses.

              - $$$MR. MARKET$$$

              Comment

              • Websman
                Senior Member
                • Apr 2004
                • 5545

                #97
                Originally posted by mrmarket
                This reminds me of all of the people who bought $1,000 of Microsoft at its IPO in the 1980's and who all said that if they had held it, they'd all be millionaires.

                The truth of the matter is that there is really only one person who holds a stock to its highest point and then sells it. Everyone else sells it on the way up. If you look back and see how high the stock went up, it if foolish to think that you wouldn't have sold it after a 100% gain, or 200% gain or 500% gain, etc.

                As the altitude gets higher, people bail out of their positions. It's just market psychology.

                So, the question is...Which stock is the next Microsoft?

                We need a good psychic.

                Comment

                • thebign1
                  Senior Member
                  • Sep 2003
                  • 130

                  #98
                  My prediction for SIRI.....

                  Tuesday it will hit $8.80....... and then it will close at $8.64

                  Comment

                  • Websman
                    Senior Member
                    • Apr 2004
                    • 5545

                    #99
                    Originally posted by thebign1
                    Tuesday it will hit $8.80....... and then it will close at $8.64
                    Nice prediction...you're making me rich!

                    Comment

                    • Jaws57
                      Senior Member
                      • Dec 2003
                      • 100

                      Toyota

                      This news should keep the snowball rolling!!!!!!!

                      Sirius Announces Post Production and Dealer Installed Options in Toyota, Lexus and Scion Vehicles Beginning February 2005
                      Tuesday December 7, 12:10 am ET (see Yahoo)

                      Jaws57
                      Jaws57

                      Comment

                      • Jaws57
                        Senior Member
                        • Dec 2003
                        • 100

                        Market Potential??

                        SIRI now is over 10B market cap! I am still long on this stock. I am trying to figure out a realistic potential for satellite radio. What is the market penetration of cable TV?? near 100%??? There are over 200 million cars on the road in the USA. SIRI has 800,000+ now and their breakeven is supposed to be somewhere past 3,000,000 subscribers. This scares me on one hand but if this thing takes off, look out.

                        Question is what is the profit potential? Lets say SIRI gets 20,000,000 subscribers @ 143.00 yr.
                        That would be 2,860,000,000 in sales. What would be the net on that?

                        Any ideas?

                        Oh yeah, there is a company called XMSR still out there.

                        Jaws57
                        Jaws57

                        Comment

                        • Websman
                          Senior Member
                          • Apr 2004
                          • 5545

                          My portfolio continues to grow...

                          Comment

                          • New-born baby
                            Senior Member
                            • Apr 2004
                            • 6095

                            Stopped Out

                            Webs,

                            I don't see what you are so excited about with this SIRI stock. I got stopped out of it 3 times today alone. Of course, I sold it short each time . . . . lol.

                            Congrats to you on this hot, hot, hot stock.

                            Sometime it has to run out of buyers. This is the new TASR. No wonder Wal-Mart can't sell anything this Christmas season: people are buying shares of SIRI instead.
                            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                            Comment

                            • Websman
                              Senior Member
                              • Apr 2004
                              • 5545

                              Originally posted by New-born baby
                              Webs,

                              I don't see what you are so excited about with this SIRI stock. I got stopped out of it 3 times today alone. Of course, I sold it short each time . . . . lol.

                              Congrats to you on this hot, hot, hot stock.

                              Sometime it has to run out of buyers. This is the new TASR. No wonder Wal-Mart can't sell anything this Christmas season: people are buying shares of SIRI instead.
                              Oh, SIRI isn't doing much for me...it's only doubled the value of my portfolio...lol

                              Comment

                              • dmk112
                                Senior Member
                                • Nov 2004
                                • 1759

                                How far can this stock go without earnings??? unbelievable!!
                                http://twitter.com/DMK112

                                Comment

                                Working...
                                X