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Did your stop hit for JASO? I am considering picking up a small piece to play with. I think the market will end up slightly down today, especially with no final resolution on the stimulus.
-------------------- wide open until you see god, then brake!
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madP..DRYS did have great action today..i did not pull the trigger on this one today..bummer..too busy with others ..i guess thats what happened..i was watching it at 4.75.. and froze..in other picks..SIRI latest..I got a billionair on my side..so its anybodys guess from here..i gots about $5K worth so im concerned as this is TOTAL SPECULATION ..already got burned but not too bac..on WAMU and PPC a few months back. In both those cases..i had already made a quick buck on them and basically just gave it all back..and with the quick .10 to .20 pop SIRI had last week..i again made good mola and now im just riding with the profits..(but it is real money) and the fact i took profit is the only reason im letting it ride and bought tons at the fire sale this morning..in at .062 and it was quickly at .082 (thats the same ratio as buying at 62 bucks and selling at 82 bucks) and i missed the sell..then at the end of the day i tabbed anotheer 10k shares at .056 Sirius XM Radio Inc. is seeking an investment from Liberty Media Corp., people familiar with the matter say, in a last-ditch effort to fend off an unsolicited takeover approach from satellite entrepreneur Charles Ergen.
The talks set the stage for a battle between the leading U.S. satellite-television providers -- Liberty-controlled DirectTV Group Inc. and Mr. Ergen's Dish Network Corp. -- for control of the country's sole satellite-radio operator.
Liberty, which is controlled by billionaire John Malone, emerged as a potential "white knight" for Sirius after Mr. Ergen made an unsolicited offer late last year to take control of the radio ...
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i also like the action with DXO, SRS/URE FAS/FAZ YRCW RF BAC C TXT LVS SWKS ..they are on my rader and im looking to scalp .15 to .25 on 2k shares here and there..I like to start with about 1k shares (or about $5k-$7k dollars worth)3bucks 2k shares 30 buck price 200 shares and SRS cost 60 bucks so 1-150 share buyin and if it goes against me..another double up is worth the risk ...but the first and last 1.5 hours of the trading day is where all the action is..that is working for me..and then im buying a few swing trades on the pullbacks for the mid term hold..aka AA BAC DXO RF and FAS/FAZ play
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you know what morpheus always says ...I luv luv luv cyber vegas the URE trade alone mad over 1.2K..yeepie..im still long with buys near days low on URE FAS AA and JASO...the stock gods have been very very good to me today
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regarding SIRI..the dude in charge has till tuesday to make right on some debt of about 250 million and they are talking with many others today..monday is a holiday..so if this stock makes till tuesday with no BK than its up up up from there...i will just play it today and not hold over the weekend..
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SIRIUS XM Radio Announces Exchange of $172.5 mln of Existing Convertible Senior Notes Due 2009 for New Senior Secured Notes Due 2011
(RTTNews) - SIRIUS XM Radio Announces Exchange of $172.5 mln of Existing Convertible Senior Notes Due 2009 for New Senior Secured Notes Due 2011
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good tradein mad..way to go..i waiting till tues to jump back into SIRI due to the news blah blah blah..if its gonna go up .. it will go up then..i sole every thing else near the day highs and just sitting with mostly cash over the weekend
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