SIRI - Sirius XM Radio Inc. - Page 252

If it can just break through $1.65, I think that it could go down into the $1.52 range.. That's where I want in.

What is everyone thinking right now? 

Hard not to like the SIRI chart here. 1) seems to have healed quite a bit - correction through price and time. 2) Inverted H&S with target of 2.50 i.e. marginal new highs, once the 200 day is cleared on a closing basis on volume.

What happened to this forum? It used to always be active.. But I'm pretty excited about SIRI right now. I'm in @ 1.65, so it should be a pretty interesting ride, after the economy settles. Everything on SIRI seems to be bright at the moment.

Yes, everything seeming bright is probably a bad sign.  Usually when it looks like nothing can go wrong something does. 

 

It looked like SIRI was making a move up before Wednesdays move took the air out.  I believe there was some speculation about a buy out that caused the move and I guess that rumor is dead now.

 

I do agree about SIRI.  It is one of my favoritres and I think there is a chance of a nice gain.

Yeah, well the speculation of the buy-out wasn't the reason that I was excited about SIRI.. The new analyst ratings/price range estimates that came out should have gave the market a lot of confidence..

I wasn't too excited about the buyout talk either.   Buyouts usually have a decent premium over the current price but that would still be a lot less than where I think the price of SIRI can go in the future.

Siri is such a pos. Anyone with a smartphone has no need for satellite radio. If Siri was smart they'd try to buy spotify or Pandora as that's where technology is. headed.

Well I am sure SIRI's service is not for everyone.  I signed up for Pandora and got bored after 15 minutes and have not used it since.  I listen to SIRI all the time  but to be honest I only listen to music about 10% of the time.  Still SIRI has over 20 million listeners and it is growing and making money.  Personally as a stockholder if they are growing and making money then it is most likely a decent stock.  I am not saying that is all that is important.  Stocks can be growing and making money but still be overvalued.  I do think they will have some competion from Pandora and Spotify but I also think they have a bright future.

Very much on breakout watch here. Needs vol and that > 200 close.

Siri was the first stock I traded. I made a 8% profit in the first day. Lol. Siri was dirt cheap in October though, now it's chasing $1.90.

 

The Bollinger Bands are starting to pinch. This stock is going to have a very sharp day, either tomorrow or Friday. I bet that it is going down. I have put my buy order in at $1.72, but I am contemplating moving it to $1.65, what does everyone think? Do you think it will get that low?

If you're sure it's going down why not short it? Set your 'buy to cover' wherever you're comfortable to protect yourself.

I would've, but I do not have enough money in my account to be allowed that privilege..

SIRI looks like it wants to beast again, took out the 200 and getting some volume expansion on the daily. Would not be at all surprised to see this test 2.25 in the next 3 weeks, perhaps sooner.

 

SIRI looks primed for a big run up this week. I will go long tomorrow and will hold until Friday.

There is one hell of a cup and handle on the weekly... over 2.44 should fly to 2.75... but the real thing to watch for SIRI is volume, it seems to need quite a bit of plus volume to sustain the upward moves.

 

It looks like it will bounce off of the trendline tomorrow, I am entering a small position now.

DOW JONES NEWSWIRES

A New York State Supreme Court judge has dismissed radio personality Howard Stern's case against Sirius XM Radio Inc. (SIRI) over alleged breaches of contract regarding stock awards, according to a filing with the Securities and Exchange Commission.
Last year, Stern's production company One Twelve Inc. filed a lawsuit against Sirius, claiming the satellite radio company has refused to pay stock awards it owes Stern based on subscriber targets in his contract. The lawsuit also said Sirius owes money to Stern's agent, Don Buchwald, under a consulting agreement.
The court found that Sirius had complied with all its obligations under the agreement, according to the filing.
Sirius shares were up 3.2% to $2.24 in recent trading, outpacing the broader market. The stock is up 23% so far this year.

analyst puts 3.00 price target on SIRI