stevestojan Posted December 7, 2004 Posted December 7, 2004 Up to $9.07 ... two days ago I raised my stop sell to $5.00... looks like it's going up to $8.00
USMCBillsFan Posted December 7, 2004 Posted December 7, 2004 Up to $9.07 ... two days ago I raised my stop sell to $5.00... looks like it's going up to $8.00 150735[/snapback] What's stop sell? Is that some Martha Stewart stuff?? I'm assuming that it's the price you sell at if it drops??
MadBuffaloDisease Posted December 7, 2004 Posted December 7, 2004 Don't sell. Siriusly. This is the tip of the iceberg. And since you brought it up, I have a little rant. Yesterday an analyst (Fulcrum) cut Sirius from "buy" to "neutral." The last time an analyst cut them about a week and a half ago, the stock fell. However instead yesterday it went up $.54. So today Sirius announced that Toyota dealers will be able to install their radios in new cars (HUGE news, which is why it's up so much). So I'm thinking that yesterday there was some insider info on that piece of news, hence the advance in the price versus what should have been a decline. That just pisses me off, even though it helps me out a lot. I've known that there is a good deal of insider trading, but that was just WAY too obvious. Oh well, I guess that's life.
stevestojan Posted December 7, 2004 Author Posted December 7, 2004 What's stop sell? Is that some Martha Stewart stuff?? I'm assuming that it's the price you sell at if it drops?? 150742[/snapback] yeah, but it is done automatically, in case it plummets one day. So, When I bought it at $3.71, After it went to above $5, I put it at $5... now, I will move that up to $8. If it starts to go down that quickly, i figure its time to get out. A guy who is the head programmer here, and obviously has more free cash that I do, bougth 5,000 shares when it was at $2.25... quick math. He paid $11,250. His stock is now worth $45,000. He made $33,750 in about 3 months. Not too bad...
USMCBillsFan Posted December 7, 2004 Posted December 7, 2004 yeah, but it is done automatically, in case it plummets one day. So, When I bought it at $3.71, After it went to above $5, I put it at $5... now, I will move that up to $8. If it starts to go down that quickly, i figure its time to get out. A guy who is the head programmer here, and obviously has more free cash that I do, bougth 5,000 shares when it was at $2.25... quick math. He paid $11,250. His stock is now worth $45,000. He made $33,750 in about 3 months. Not too bad... 150748[/snapback] That's not bad at all. Much better than my mutual funds....
MadBuffaloDisease Posted December 7, 2004 Posted December 7, 2004 yeah, but it is done automatically, in case it plummets one day. So, When I bought it at $3.71, After it went to above $5, I put it at $5... now, I will move that up to $8. If it starts to go down that quickly, i figure its time to get out. It's not going to "go down quickly." Remove the stop sell immediately. Then again, if it continues to go up, it's moot. A guy who is the head programmer here, and obviously has more free cash that I do, bougth 5,000 shares when it was at $2.25... quick math. He paid $11,250. His stock is now worth $45,000. He made $33,750 in about 3 months. Not too bad... Your friend made a great investment. I wish I had bought 5,000 shares.
taterhill Posted December 7, 2004 Posted December 7, 2004 It's not going to "go down quickly." Remove the stop sell immediately. 150757[/snapback] how do you know this?
MadBuffaloDisease Posted December 7, 2004 Posted December 7, 2004 how do you know this? The same way I knew to buy the stock way back when. Sirius has better content than XM, and content is what attracts customers, not being bigger or already having more customers, or what analysts with their short-term/sighted opinions say. And with the recent deal with Toyota, and more with GM, Ford, and others surely on the way, the stock will keep going up and up. Then when Stern joins them in 2006, he'll pull more customers and...you get the picture. And by "go down quickly," I'm talking in terms of steve's parameters, i.e. more than $1.
stevestojan Posted December 7, 2004 Author Posted December 7, 2004 correction: It's up to $9.37 - went up $.30 in the last 20 minutes.
MadBuffaloDisease Posted December 7, 2004 Posted December 7, 2004 correction: It's up to $9.37 - went up $.30 in the last 20 minutes. 150785[/snapback] Must be some more good news about to break.
SF Bills Fan Posted December 7, 2004 Posted December 7, 2004 I remember discussing this stock with soemone on this board at Halloween when it was 3.90. Wish I'd gotten some then. This is headed to double digits soon.
DC Tom Posted December 7, 2004 Posted December 7, 2004 Must be some more good news about to break. 150788[/snapback] The news is that Toyota's putting Sirius radio in nine 2005 models. Broke this morning. You mean you're bullish on the stock, and you don't even know why it's rising? I can't wait until it starts falling and you keep repeating "I'll hold on, it's bound to go back up." Friggin' amateurs...
Just Jack Posted December 7, 2004 Posted December 7, 2004 And with the recent deal with Toyota, and more with GM, Ford, and others surely on the way, the stock will keep going up and up. 150778[/snapback] They already have a deal with Ford, they won't get one with GM. GM is primarily XM because they are one of the financial backers of XM.
EZC-Boston Posted December 7, 2004 Posted December 7, 2004 The news is that Toyota's putting Sirius radio in nine 2005 models. Broke this morning. You mean you're bullish on the stock, and you don't even know why it's rising? I can't wait until it starts falling and you keep repeating "I'll hold on, it's bound to go back up." Friggin' amateurs... 150796[/snapback] Thank you
stevestojan Posted December 7, 2004 Author Posted December 7, 2004 The news is that Toyota's putting Sirius radio in nine 2005 models. Broke this morning. You mean you're bullish on the stock, and you don't even know why it's rising? I can't wait until it starts falling and you keep repeating "I'll hold on, it's bound to go back up." Friggin' amateurs... 150796[/snapback] Oh, i'm definitely an amatuer, which is why i asked my CFO what to do... he said to put a stop at two or 3 cents below where you want to actually stop and sell... So, I think I will move it to $7.97.
Nervous Guy Posted December 7, 2004 Posted December 7, 2004 try looking at KEYW and tell me what you think? 150806[/snapback] sell! Sell!!!!
Just Jack Posted December 7, 2004 Posted December 7, 2004 sell! Sell!!!! 150810[/snapback] No, hold onto it, it's bound to go back up! In fact, buy more shares!
Guffalo Posted December 7, 2004 Posted December 7, 2004 Damn, I wish I had bought more...... 600 shares since 8/27 Thanks Jack from Syracuse
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