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Registered User Joined: 9/21/2005 Posts: 4
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Take a look at this, and tell me what you see.....
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Registered User Joined: 4/10/2005 Posts: 8
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Looks like it is trying to hit its 100 day MA, and bounced off. If you look at what the "Howard Stern" and "Karmizan" bump did about a year ago, it may get another bump when Stern goes there in 2006?. As for SIRI making money, who knows. Seems plenty of companies need not make money for the stock to climb. I personally wouldn't bet either direction short or long term on this outfit. Put XM chart next to it, and they are pretty close.
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Registered User Joined: 7/30/2005 Posts: 51
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I see SIRI as being a possible short. Notice the nice thrust down off the top. Some may be looking to go short during the next little bump up.
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Registered User Joined: 7/30/2005 Posts: 51
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If it triggers I was thinking 6.10 might not be a bad target for SIRI, but who knows!
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Registered User Joined: 4/10/2005 Posts: 8
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IF you look at SIRI from January 2005, has it formed a bit of a cup and handle? With Stern coming, I dont see it breaking under $6 with all the buzz. With that said, could be a good upside chance and the January itm calls look reasonable. Of course if Stern bombs out it will go to a buck, and be ready to load up on puts quick.
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Registered User Joined: 11/16/2004 Posts: 105
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I held this stock for three days while I held my breath last fall. I think what SIRI really needs now is a fresh takover rumor.
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Registered User Joined: 7/30/2005 Posts: 51
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SIRI=TGT hit
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