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I don't think anyone here can answer that at this point, but I will say that I plan to hold all of my positions and if it drops I will just reload on the cheaper shares. I see it as win/win at this point.
Looks like you're the group I'll be riding this rollercoaster with! If anything, these highly volatile stocks are entertaining.
What's everyone's take on the next buy in? $0.18?? Now??
Long PHOT!
According to their website it'll be between 21-Nov-12 - 28-Nov-12.
http://staging-retail.ccbn.com/company.asp?ticker=P&coid=227956&client=cb&print=1
These past few weeks have been brutal! Apple has dropped a few hand grenades in the room, but it seems like they've also hit some minor snags as well...
http://www.allaccess.com/net-news/archive/story/112434/major-labels-reportedly-unhappy-with-terms-of-prop
Welcome to the game Apple!
I'm holding strong for earnings next week. Seems like a lot of the .coms have had recent fiscal success and I hope that P has some good news in store for us...
Does anyone think (or know) if there will be conflict between the timing of the next earnings release and the feds dealing with the "fiscal cliff"? It seems like great earnings have been overshadowed in the past by outside conflicts (europe, etc).
I sure hope you're right because I don't want to watch SIRI slip into oblivion.
A world without hipsters, prius's and apple products makes living in a third world country not seem so bad.
They must be gearing up because I've been getting at least one or two emails from SiriusXM every day about activation specials and sub rates.
Are we low on the news of Mel leaving next year?
Happy soon-to-be-three everyone!!!!
Good article for the non-haters:
http://blogs.marketwatch.com/great-columnist/2012/10/15/how-to-play-pandora/?mod=google_news_blog
Yep!!
Feel free...it's not copyrighted. Guess I should have waited until today to pick up my shares. Looks like the bear has the bull by the horns.
Lmao...I hope he's slow-playing his pocket rockets! Here we go...
Mel doesn't have a game face...he has a very stoic poker face.
P dipped below $10 so I reloaded. Sell order will be set at $11.
As fair as the Internet Radio Fairness Act goes; until someone actually comes out with a tangible album worth purchasing -- forget (would prefer to use a different 'F' word) the talentless artists. Napster revealed a majority of their true colors. Most artists these days produce music to make money just like China produces fingercuffs --no quality control necessary. Too bad the Chinese can't produce music that Americans enjoyed...it'd come a lot cheaper.
Tuna here...keep rockin' it SIRI!!! Prove all of the haters wrong!
Lots of arbitrary numbers always being thrown around, but $3.75 is only a matter of time...then $5...then $10....then...??
I like the sounds of that. I'm holding onto everything to see how this plays out, even if it were to crumble.
Don't get me wrong - I'd love to jump on the Apple bandwagon, but swing trading P is much more fun. Although it does feel like the sky is falling everyday then you wake up one morning and you're up 20%.
The Apple-logo-flaunting Prius crowd may disagree with your assessment, but I concur. Apple would be faced with the same issues...royalties, subs? no subs?, advertising revenue, time (=$) spent, etc etc. I don't think they want to subsidize their streaming service. They can afford to, but I don't think they operate like that.
Don't lose sleep just yet...hopefully it'll close around $2.50 as usual.
Looking at the bigger picture, what is everyone's opinion on Liberty's stake and what that means to us investors?
I don't like how they claim that the streaming Apple service will compete with Pandora and Sirius when in actuality its going to compete with itself (itunes). People are going to grow tired of Apple products eventually. Seems like theyre already running out of ideas when they have to start scrambling to get into other markets. They get upset when Samsung comes out with a similar/superior product and then turn around and emulate Pandora.
I wish SIRI could have a 'P' day!
I believe that the timeframe from here to the double digits will be a lot shorter than it was to get from $0.12 to where we are now (five years).
Breaking through to new highs today! I can live with these 1% daily increases to close. Gives me confidence that this is finally gaining traction and moving forward.
I only say that because the DOW wont sustain its current level. I believe that SIRI unfortunately peaked at the wrong time as we will most likely experience another bubble burst in the DOW. Its goign to get even more interesting this fall with the upcoming election. I swing trade other stocks like Pandora, but I've maintained long SIRI. It is tough to not unload everything right now even at todays level.
Not to sound cynical, but I'd wait to reposition @ $2.
I'm wondering the same thing...do I sell at $2.40, watch it go back down to $2 and pick up more shares or do I take a chance and continue to hold?? If history repeats, I should sell.
If I was patient, I could have taken advantage of the $9/share, but at least I made up for it by selling on todays early bump. I'm going to look for it to go back down to $9.
I see some of my fellow SIRI brothers are in here as well. I too decided to play the "P" swings. Too much volatility to ignore. I'm going to keep my entry point at $10 and just keep skimming off the top. Any other suggestions out there as to how to play this one??
Whatever it is they'd better do it soon because my patience is wearing thin. Has anyone made reference to addressing the float lately?
I couldn't agree more.
Just checking...excited times should continue to lay ahead. This stock is as entertaining as the product! I'm in at $0.18 and $2.00 so I'm not going anywhere.
It appears that everyone here sold in May and walked away. Nice little bump today. Hopefully we'll keep up the positive momentum.
I bought and sold SNE a few times a couple years ago when it was in the $20's & $30's/share. From a historic perspective, the current price per share hasn't been this low since the early 1980's.
Does anyone else not see this as a huge opportunity here?? Am I not seeing something here? I have always been a huge fan of their products. I'd hate to miss out on an opportunity here, but I also dont feel like throwing money down the drain.
Thoughts from anyone???
Which is exactly why no one should take the content in SA articles seriously. They either try and promise the moon or try to make you feel like the sky is falling! I don't trust people with euro-mullets (Rocco)!
Yeah, I've been watching SIRI for years, along with a lot of other on this forum. I will say that my only regret is not playing the swings. This recent trend is all too familiar, which is entirely frustrating considering positive earnings and outlooks. I just figure at this point in time they've built themselves up to a point where it can't get any worse for shareholders. I'm assuming that Liberty taking majority control of SiriusXM can't be a bad thing, right?!?!?!?!?!?!!?!?!?!?!?!?