Decisions, decisions (SIRI) [Archive] - Page 2 - Mr. Market's Stock Picking Forum

spikefader

07-31-2005, 03:23 PM

Lightweight :DLMBO. Truth be told, it was more than two, but hey, it's Sunday man and I ain't Catholic (confessions haha). I'd rather keep it quiet and protect my Christian image lol haha.

B.J

07-31-2005, 03:26 PM

LMBO. Truth be told, it was more than two, but hey, it's Sunday man and I ain't Catholic (confessions haha). I'd rather keep it quiet and protect my Christian image lol haha.

Bad, Spike! Go to your room :D

Thomrich

07-31-2005, 03:31 PM

Greetings,

As the novice of the bunch here,one thing I noticed about SIRI,is a similar pattern developed leading up to the run in late November,not that it means anything toward the future.

6.81 seems to have held strong,even after hours,although Yahoo shows 6.76,it must be an error,as Nasdaq AH shows low 6.80 ,high 6.85 last 6.81.

If I remember correctly,Spike called that as the perfect entry to wait for.

Am i correct in a strong move above 7 should provide the juice to bust this rising wedge?

BTW Spike LEXR held its own,and even moved after hours,I got some at 4.92,with a stop set at 4.73,I feel a return to mid 5s is likely.4% risk for 12% gain,could be better,but I figure Ill give it a whirl.

cordially Tom

spikefader

07-31-2005, 03:36 PM

Ski, it's all good. Thanks for the feedback. Oh, I get it about the personality thing. Ya know, I think in this business ya gotta have excessive amounts of belief in oneself and the way ya do things. Confidence is a huge element, so it's probably a good trait to have, even if it does frustrate others sometimes! :D And no, don't shut the mouth. This type of exchange can be a positive thing to make us question our own realities and look at someone elses perspective. Your references actually led me to question my thoughts and then go do some reading of Mr. Bulkowski and Edwards and Magee, and really think about it. And I'm sure others got to thinking about it too. Thanks for the prompting.

jiesen, thanks bro.

Webs, yes I have no doubt you are correct. I think the environment here at $$MM$$ is good because we all seem to try to be civil and courteous in the face of confrontation or misunderstanding. Can't ya just feel the love?! lol

LMBO @ B.J

IIC

07-31-2005, 03:42 PM

I think this calls for a GROUP HUG

http://bestsmileys.com/hugging/3.gif

spikefader

07-31-2005, 03:59 PM

haha indeed. Cool smilies!

Thomrich

08-01-2005, 11:54 AM

Greetings,

Any thoughts on SIRI today Spike?Looks like its gonna have a hard time piercing 7.

cordially Tom

spikefader

08-01-2005, 12:01 PM

Greetings,

Any thoughts on SIRI today Spike?Looks like its gonna have a hard time piercing 7.

cordially TomWell, the neckline support has provided today's steam. Intraday ascending triangle moving into the daily falling upper channel, so it's a bullish intraday pattern going into channel resistance, and price resistance. But money is flowing into it up here after that bullish zero line reject on the daily. I'm optimistic it will beat 7.00 today.

Thomrich

08-01-2005, 12:05 PM

btw zica goes nuts today

spikefader

08-01-2005, 12:10 PM

btw zica goes nuts todayof course it does...lol....the day after the competition closes! haha

B.J

08-02-2005, 12:06 PM

Well, knocked out again... fell below the triangle edge. Kept it tight per discipline. Best wishes to those still in.

Thomrich

08-02-2005, 12:55 PM

Greetings,

As of 12.30ET SIRI looks pretty coiled tight on my daily chart,it should break one way or another,my stop is set,and came close this AM.I may be following you out the door.

My hunch is that if it didnt crash on earnings,it might still have a chance,although MFI looks weak .

cordially Tom

Thomrich

08-02-2005, 01:20 PM

Greetings,

Looks bad so far,like its being walked down a ladder,interesting to see if buyers come in at 6.80,looks like its going there soon.See ya soon BJ,

cordially Tom

New-born baby

08-02-2005, 01:24 PM

Greetings,

Looks bad so far,like its being walked down a ladder,interesting to see if buyers come in at 6.80,looks like its going there soon.See ya soon BJ,

cordially Tom

If you see it coming, just short the DOG and go on. :D

spikefader

08-02-2005, 01:49 PM

...long SIRI 6.84...

Out for -.05 (-0.73%) and back into stalk mode. Weather has turned sunny and fine. No Tsunamis for now. That neckline break is ominous for bulls. Bearish bias for now. Sorry guys!

spikefader

08-02-2005, 01:52 PM

oh, and that SHS targets 5.70ish for anyone hoping....

Runner

08-02-2005, 08:07 PM

I see a caution flag on SIRI.

http://img131.imageshack.us/img131/207/siri36am.png (http://imageshack.us)

Thomrich

08-03-2005, 01:58 AM

greetings,

Nice chart Runner,it looks like it make or break here at the 6.75 level.My stop is close and am prepared to let it go,unfortunatley upside from here doesnt look too good.

cordially Tom

skiracer

08-03-2005, 07:20 AM

Take a close look at the daily vs the weekly charts. There is a big difference in what appears to be ascending triangles. The daily definitely looks like one. The weekly doesn't give the same appearance of the triangle as the daily. The daily has a definitel horizontal top line. I couldn't call that horizontal on the weekly. Runner's 60 min. chart is very close to the definition in the book but I don't use the 60 min. chart and really can't make a determination off of it. I really don't know if it makes a difference.

This just came across the wire. Bear Stearns just upgraded SIRI to outperform with a target of 9. Might just get some kind of a news bounce today, but I still think it is a trap right now. Watch the retail guys flooding into it on the news and the wiseguys will be selling off into what looks to be strength. Just my opinion.

B.J

08-03-2005, 09:53 AM

I'd never buy an upgrade. ANAL-ysts are full of it.

Peter Hansen

08-04-2005, 08:47 AM

spikefader

08-04-2005, 09:44 AM

Stock Signal Pro says go LONG on SIRI at $6.90 and set STOP at $6.65. SIRI definitely would not pass muster with Mr Market , as this stock is highly speculative ....and not one to be in the portfolio of pregnant nuns, women and children!Interesting; there was a new bullish hourly PSAR late yesterday, and 6.90 is the pivot today, and that stop is under good price support, so it's not a bad play at all.

B.J

08-04-2005, 10:08 AM

Yeah, Spike, goes up the day after we dump it LOL!

I won't doubt what you're seeing, but this time it can take off without me. I have a couple other buys I'll mention in my thread.

lak

08-04-2005, 10:14 AM

This just came across the wire. Bear Stearns just upgraded SIRI to outperform with a target of 9. Might just get some kind of a news bounce today, but I still think it is a trap right now. Watch the retail guys flooding into it on the news and the wiseguys will be selling off into what looks to be strength. Just my opinion.

couldn't agree more.
My stop is close to what you have all been discussing......... so helpful to come here and read much more intelligent investors than myself taking things apart. I made a lot of money on SIRI last year......... but will not be caught in the trap that you are discussing!
thanks guys

spikefader

08-04-2005, 10:15 AM

Yeah, Spike, goes up the day after we dump it LOL!

I won't doubt what you're seeing, but this time it can take off without me. I have a couple other buys I'll mention in my thread.LOL ya.
No, I'm not taking that play; it can move without me too. I'm in stalk mode to trade my own setup!

abk33139

11-17-2005, 08:28 AM

Has anyone else been watching SIRI climb up lately?

Last year I made a lot of $$ with SIRI and then sold. I stupidly bought again and watched it go down, down, down. My plan was to hold long term after my second buy, and I was confident that it would eventually pop back up, which it is starting to do. Can any of those chart gurus out there run a chart? I'm hoping for a big post-Christmas pop on this one!

Take care,
Alison

Runner

12-09-2005, 11:40 AM

SIRI could get interesting!!

abk33139

12-09-2005, 02:43 PM

Up close to 6% today as of right now. Go Siri! Who else is holding my favorite satellite radio service stock?

Alison (lurkers 'r us)

sisterwin2

12-09-2005, 06:52 PM

Up close to 6% today as of right now. Go Siri! Who else is holding my favorite satellite radio service stock?

Alison (lurkers 'r us)

I own a few shares of SIRI......If it hits 9 I am thinking of selling.... if I can remember it did this last yrs also then went right down...

Fools and every other broker I look up say 9 is target... all say xm is better and target is mean of 40, Still have not decided yet so when in doubt I do nothing but watch closely. I have put a sell stop in place to protect my gains. I had to learn this the hard way but did learn. I have not learn how to post a chart yet but looking at the sma/ema, they are close together without a cross as of yet.. Now, for all protection, I am just learning how to read these charts.

Good luck,
dena

Websman

12-09-2005, 07:03 PM

I was big on SIRI last year, but I'm liking ELN much better right now.

sisterwin2

12-09-2005, 07:11 PM

sure liking ELN the last two days any way.

Websman

12-09-2005, 07:22 PM

sure liking ELN the last two days any way.

I'm expecting a pullback before it continues higher. Another reason I like it better than SIRI is because it's for a much better cause.

spikefader

12-09-2005, 07:53 PM

SIRI and ELN look great, and look at these charts that show the case for buying calls for ELN and SIRI and puts for GOOG....or if you're real clever, selling naked puts for SIRI and ELN and selling naked calls for GOOG. Wait a minute; not sure I wanna be selling naked calls for anything right now.......that's just nuts!

http://ichart.finance.yahoo.com/z?s=GOOG&t=2y&q=l&l=off&z=m&c=SIRI,ELN&a=v&p=s
http://ichart.finance.yahoo.com/z?s=GOOG&t=1y&q=l&l=off&z=m&c=SIRI,ELN&a=v&p=s
http://ichart.finance.yahoo.com/z?s=GOOG&t=6m&q=l&l=off&z=m&c=SIRI,ELN&a=v&p=s
http://ichart.finance.yahoo.com/z?s=GOOG&t=3m&q=l&l=off&z=m&c=SIRI,ELN&a=v&p=s
http://ichart.finance.yahoo.com/z?s=GOOG&t=5d&q=l&l=off&z=m&c=SIRI,ELN&a=v&p=s
http://ichart.finance.yahoo.com/z?s=GOOG&t=1d&q=l&l=off&z=m&c=SIRI,ELN&a=v&p=s

sisterwin2

12-09-2005, 08:00 PM

I am not that clever. Just cant see myself "naked". Have not really had the guts to go short yet, but I'll sit infront of the pc naked.

just kidding, not sure I should open the third beer.

hehehe

Websman

01-08-2006, 10:17 PM

SIRI should be interesting tomorrow. My prediction is for a small gap up and flat for the rest of the day. Then the bears will kill it on Tuesday.

Websman

09-10-2006, 09:19 PM

Something is brewing with SIRI... Rumors are flying about an Apple - Sirius connection. Not a great chart, but I'll keep an eye on it.

Websman

09-22-2006, 11:19 PM

My Vulcan instincts are telling me that SIRI is as close to a bottom as it will get. The inner circle is looking at the strong possibility of a fall run with a strong showing for the Christmas season.

As far as technicals, this is a losing stock, but fundamentals will be totally disregarded. Of course, traders will eventually realize that SIRI is overpriced about two weeks before Christmas and will begin to sell their positions causing the stock price to plummet from around $8 back to its present level of $4.

Yes, this stock is worthless, but who cares as long as I can get in and out before others realize it. jejejeeeeejeje

Will I act upon this opportunity? I'm not sure yet. There is still a little more research to do in order to see if my theory is correct.

billyjoe

09-23-2006, 08:09 AM

Webs,
Have you heard rumors of a SIRI XMSR hookup to save both companies ?

------------billyjoe

skiracer

09-23-2006, 08:56 AM

Webs,
Have you heard rumors of a SIRI XMSR hookup to save both companies ?

------------billyjoe

Billyjoe,
I think the companies spread those rumors themselves to drum up interest in the stock. They might not be the wave of the future.

Websman

09-23-2006, 09:20 AM

Webs,
Have you heard rumors of a SIRI XMSR hookup to save both companies ?

------------billyjoe

Federal regulations are preventing this from happening. It would be huge though, if a new Satellite radio company came out with a service that would be free, rather than having a paid subscription. Revenue could be provided through advertising, just like terrestrial radio does. If I were in their shoes, I would approach it with this angle.

Just think how huge satellite radio would be if it was free. I could live with ads.

Websman

09-23-2006, 09:22 AM

Billyjoe,
I think the companies spread those rumors themselves to drum up interest in the stock. They might not be the wave of the future.

I agree that it may not be a big as they are hoping for, but I do see one more little run up before Christmas. Then it'll all be over for SIRI.

I tried Sirius for a while, but I got bored with it and sold my receivers on Ebay...for a profit of course. lol

peanuts

09-23-2006, 10:46 AM

My Vulcan instincts are telling me that SIRI is as close to a bottom as it will get. The inner circle is looking at the strong possibility of a fall run with a strong showing for the Christmas season.

As far as technicals...

Supreme leader,

Past performance suggests a capitulation price near $3 before the Chistmas buying season influences investor sentiment.

Websman

09-24-2006, 10:43 AM

Supreme leader,

Past performance suggests a capitulation price near $3 before the Chistmas buying season influences investor sentiment.

Yes, $3 is a possibility, if support is broken at the 200 day MA. A little bit of bad news would be welcome at this point to help bring the price down for an entry. Maybe we should go to the Yahoo board and start spreading rumors and lies about how Sirius is filing for Capter 11...oh yea, that's illegal. Never mind.

It is a fact that the trend is not turning up just yet, so we do have time to watch the charts. What we have here is an excellent profit opportunity for someone who acheives the perfect entry. Christmas will be good to the VTP his year.

Websman

09-25-2006, 05:43 PM

It's still possible that SIRI will trade in this narrow range before taking off. The season is quickly approaching. Profits will be mine sayeth the Supreme Vulcan....

Websman

06-14-2007, 06:44 PM

Websman

06-14-2007, 06:58 PM

Disclaimer: The VTP has not yet taken a position in SIRI....

sisterwin2

06-14-2007, 08:21 PM

New-born baby

06-14-2007, 08:25 PM

SIRI hit the VTP radar again today....

I am making my prediction that SIRI is at or near the bottom.

Here's a few reasons I think the time is right to buy SIRI:

1. Although it's doubtful that a SIRI-XM merger will take place, it appears that this scenario could already be priced in.

2. Subscriptions are still climbing.

3. The car companies are stepping up installations.

4. There will be a VTP inner Circle channel soon....maybe....but only if Mel pays the required fees to the VTP Supreme leader.

5. Howard is still able to use the F word freely.

Webs, old buddy, old pal;
Here's a couple of friendly suggestions:
1. Never buy a stock because someone can use the F word freely. Doesn't ad value to the company.

2. Point and Figure chart says the price target for SIRI is $1. Nothing in the weekly chart (that I can see) says that SIRI has bottomed out.

3. There are a lot of other charts and stocks that present a much more bullish situation. Perhaps taking one of them long will produce profits more quickly than SIRI.

New-born baby

06-14-2007, 08:29 PM

Very interested if you do buy in .... I have been watching SIRI for a while and really expected it to take off a two yrs ago....

What do you think about ONT... I bough into this at the dollar mark. I like what it does and do think it will be the future. I am thinking it will hit the 4 dollar mark in the next few months. Interested in your take of ONT.
Care to comment?

SIRI: price target $1

ONT: I think it has topped out for now. Weekly chart suggests that a head and shoulders top may (re:"May") form, and ONT will return to $1.50 pricing in the next month or two. In short, too late to enter; too early to short just now. But looks to me like the top is in for now.

spikefader

06-14-2007, 08:52 PM

Hi guys.

FWIW the Scuttlebutt rating for SIRI is -80 today.

http://img528.imageshack.us/img528/5255/89620651eb9.gif (http://imageshack.us)http://img528.imageshack.us/img528/9601/85162437is9.gif (http://imageshack.us)
http://img528.imageshack.us/img528/4209/53891278ng7.gif (http://imageshack.us)http://img528.imageshack.us/img528/5936/48254035ae8.gif (http://imageshack.us)

sisterwin2

06-14-2007, 09:27 PM

SIRI: price target $1

ONT: I think it has topped out for now. Weekly chart suggests that a head and shoulders top may (re:"May") form, and ONT will return to $1.50 pricing in the next month or two. In short, too late to enter; too early to short just now. But looks to me like the top is in for now.

darnnnnnnnnnnnnnnnn
been screwed not listening to you in the pass... will take it a run this time.

Ty

Websman

06-15-2007, 05:10 PM

Charts...shmarts.... Look at SIRI go! SSSSSSssssssss

Websman

06-15-2007, 05:13 PM

Very interested if you do buy in .... I have been watching SIRI for a while and really expected it to take off a two yrs ago....

What do you think about ONT... I bough into this at the dollar mark. I like what it does and do think it will be the future. I am thinking it will hit the 4 dollar mark in the next few months. Interested in your take of ONT.
Care to comment?

Why yes... I will comment.

I have to disagree with Newborn on ONT. I think it still has room to run.

New-born baby

06-15-2007, 06:51 PM

Charts...shmarts.... Look at SIRI go! SSSSSSssssssss

SIRI really had a nice day, up $0.17. Very good percentage move. Perhaps you'll be right on both ONT and SIRI. Only explanation I have for today's bull move in SIRI is that you must have a lot of readers following the VTP recommendations. It seems that you have become a sort of Cramer in your own right. Either that or the Inner Circle is flush with cash and can move the market whenever they desire. (I read a blog on SIRI at YaHoo finance that mentioned that Warren Eugene Buffett is following the VTP in his trading). Either way, it doesn't appear to be wise to be a contrarian against the VTP. :)