InvestorsHub Logo
Followers 59
Posts 18522
Boards Moderated 0
Alias Born 11/29/2006

Re: tim martin post# 18517

Thursday, 07/01/2010 1:33:26 PM

Thursday, July 01, 2010 1:33:26 PM

Post# of 30824
Welcome aboard Tim.

SIRI should hit 52 week high's 2 more times this year, and have a spike when Howard Stern announces his new contract.

However from Thanksgiving to end-of-year, it will be bleak with the tax selling ahead of the higher long term rate in January.

Your $2 target may not get reached until March at the earliest.
Too soon to tell.

This stock should be traded to get the lowest cost as well as highest number of shares.

Friday morning should be a load up day for the next run.
If the Jobs report is bad, it could dip to sub .87 the next resistance level. If the jobs report is good, then it's going to be a long summer.

With 250 million shares short as of 6/15/10, they have no reason to cover yet. A bad Friday might be a good reason.

Good luck.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SIRI News