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Nice volume today! I am really surprised 112K did not knock out .018.
:)
I am so in love with SIRI, I couldn't sell. Wow, am I glad I didn't. My portfolio sure does look good right now. LOL.
I thought it may have been you since you mentioned you wanted to buy more the other day. Hopefully we see more volume this week.
Cheers
Was that you picking up a few more shares?
Wow, I come back from lunch to see this big jump? Awesome! I am not seeing any news that should've taken this so high? Was it simply resistance?
It certainly was not the PR about Rosie.
Anyway, congrats! This stock is sizzling hot.
So I noticed yesterday a significant difference in Level II. Bid and Ask support are building up. Not sure why or even if it has any significance, but thought I would post on the topic.
Bid:
2 @ .01
1 @ .0092
1 @ .008
2 @ .005
Ask:
1 @ .0175
1 @ .019
1 @ .02
1 @ .03
1 @ .04
4 @ .51
1 @ 100.05
MGTY - I am trying to understand if the satellites SIRI have in orbit are really capable of streaming high quality video. I know you are in the biz and am curious if you could fill the board in? I recall back in 2004ish hearing that SIRI could really only stream news and cartoons due to bandwidth issues. Of course I could be wrong but that's what I recall.
If worldspace is still in the pockets of Liberty and they plan on using this shell, we really could've hit a massive home run here.
bepop - I think the quality of Netflix is pretty good. Of course not all the content is available in HD. I am really trying to understand if SIRI's satellites can handle streaming HD. I have comcast internet and average about 16 mb/ps download speeds.
SIRI, Liberty, Dish, and Worldspace?? My heart is beating pretty fast right now. :)
EDIT:
100 MILLION!!
90 million in volume before noon (EST)?? Wow, this stock is on FIRE. So glad I held through earnings. Congrats!! Come one, come all...Join this smokin' hot train!
What an amazing chart:
http://stockcharts.com/h-sc/ui?s=siri
http://www.kccllc.net/documents/0812412/0812412110505000000000004.pdf
It looks as tough this is going to drag out a while longer. :(
http://www.kccllc.net/documents/0812412/0812412110505000000000003.pdf
zzzzzzzz
My last purchase was exactly one month ago. Good luck purchasing more :)
Yes I was poking fun at the speculated offer MGTY. Jel you are correct, $4 would be selling us investors short....However, if Liberty really does plan on buying SIRI and taking it world wide it would be in their best interest to do it sooner than later. SIRI is very strong right now.
Congrats to all holding SIRI
http://www.kccllc.net/documents/0812412/0812412110503000000000003.pdf
same old same old...getting old, is old.
Boy am I glad I held through earnings. I almost didn't. What a nice change!!
Come on Liberty, buy out SIRI @ $4 and spin it over here to Worldspace!!
$$$$$$$$$$$
me too! I am glad I held through earnings. I almost didn't :) What a nice change to see this running so hard AFTER earnings. Love the new highs here.
Congrats to all
wow, the trend is now broken. Up after earnings? Sweet!
What an amazing quarter!
Thanks for your reply kelseyf. Maybe you are right, it is so damn obvious that SIRI falls after earnings maybe people got out early in anticipation. You really can make a lot of $ playing SIRI this way.
I have personally stayed long for the last two years. I had a REALLY hard time not selling when we hit $2 last week. Part of me doesn't want to get too greedy on this one. Been holding since around .47. The other part of me is in absolute love with this stock...hence me not selling.
I guess we will see what happens tomorrow morning.
Congrats on a great trade.
This is not typical for SIRI to sell off this much prior to earnings. I expected this type of sell off tomorrow morning, not today. I wonder what tomorrow will bring?
It was not much, but still a small mention:
http://seekingalpha.com/article/265395-sirius-xm-and-the-statutes-of-liberty
IHub tweeted my post the other day :)
I agree on the seeking alpha articles. I did however find it somewhat interesting.
Thanks for the info on NOL's with SIRI.
So rumors are flying around that Liberty will purchase SIRI in July for $4? WOW.
Worldspace mentioned in this article:
http://seekingalpha.com/article/265395-sirius-xm-and-the-statutes-of-liberty
Part II Here:
http://seekingalpha.com/article/265731-sirius-xm-and-the-statutes-of-liberty-part-2
So does anyone know if Liberty does purchase SIRI and spin it off to worldpace, what happens to SIRI's NOL's? ...better yet both siri and wrspq NOL's? Can they keep them both?
Something to ponder.
I am pretty sure I am in your exact same boat. I have some really high priced shares, but have averaged down as much as I possibly could. In fact, at the current price I am still in the red :(
I still believe!
ah, so that was you buying yesterday? :) Congrats on increasing your gamble here.
Oh believe me, I do believe in Sirius!! I have been riding this since .475 for a couple of years now. Very excellent points NY! With the gains I have seen I just don't want to get too greedy.
That's tempting, but I think I am all tapped out in this investment for a while. I'll keep some $ in my account just in case though. LOL.
Seriously though, awesome posts regarding worldspace over the past several days. Come on Malone, pull the trigger!!
Hey bepop
OT:
So SIRI hit $2 yesterday...what to do, what to do? You still holding all your shares? I think I am going to take some off the table...
I actually thought there would be a bigger sell off than what we saw once the almighty $2 hit. Still holding strong around 1.96
Awesome post NY73! I too believe that Malone will want this shell.
Great posts over the past few days! We finally have some volume today....Anyone here pick up those shares?
I certainly hope that the million bucks isn't going to just be eaten up over the next year. If so, we are in for a very long wait. Didn't liberty DIP finance something like $21 Million?
Sure would be nice to see some volume...any volume.
That screen name was created today. If he/she wants to be a moderator, let's see if he/she has anything to add to the board.
Yes, we all know this is a huge gamble and people like to speculate no matter how wild it may be, but it's still fun none-the-less.
Obviously, not much is going on around here as we wait to see what Malone wants to do with this clean shell (or nearly clean shell).
You got to do what ya got to do. Nothing wrong with profits no matter how large or small. I am still holding my core position @ around .475 -.6
You are right, this is a typical run into earnings. So ******* typical!! Easy money here :)
Looking good today. New 2+ year high...wow look at those huge blocks going through at 1.90! It's been a long consolidation, but it's gonna be worth the wait.
Congrats all longs.
Wow, been several trading days without any volume. I still have hope that Malone will do something soon.
Hopefully something of importance. I don't recall 4/15 in anything I read, but I could've missed something. Anyone been able to dig up if tomorrow is anything of importance?
Agreed!
OT: I saw on your bounce play board INVB. HOLY CRAP! .0002 to .17! Congrats if you played that one right!
NITE fishing for shares this afternoon. Bid jumped to .015.
.015 x .018
Sure has been quiet around here as of late.
no kidding. A $3 trade drops this 45% <Puke>
So I wonder what is next in bankruptcy? I hope we hear that everyone has been paid asap.
I still have high hopes for this one.
I don't know if I recall the discussion of what exactly this means (uplink site being updated for 1worldspace). I would be very interested in understanding exactly what this means.
Honest stock holder here...It's pretty obvious this is a flip play...for now. Congrats to those making 15%+ on fluffy PR's. Seriously, not trying to be a hater, just pointing out the obvious.
Sure does look like someone is slowing loading up. Look at all the 100 - 500 trades at the ask.
Hmmmm....
So it never crossed my mind to check out what people are saying on Twitter about Worldspace. There is more talk that I thought...although nothing major.
http://twitter.com/#!/search/worldspace
http://www.google.com/#hl=en&q=%22worldspace%22&um=1&ie=UTF-8&tbo=u&tbs=nws:1,blg:1,mbl:1&source=og&sa=N&tab=bY&bav=on.2,or.r_gc.r_pw.&fp=f38fdc02ce41e8f3
Chart is very bullish right now. Maybe the consolidation is almost over and we run into earnings?
http://stockcharts.com/h-sc/ui?s=siri