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I dont have time to think...just buy...I added 10k more of SIRI at 1.13 ...you made money RAJ ...good for you..but you opened the door to the hen house and let the chicken that lays the golden egg run free...remember...timing my friend ...timing is key..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Well Morph, speaking of timing, where do you think this baby is gonna land, when is going to be the best time to sell?? I guessed weeks ago that it would go to $1.27, so far I'm on track...$1.21 in aftermarket! But still not quite sure when to sell. is tomorow going to be the high?...and then float through earnings?? I'm undecided here. Any insight from anyone would be awesome!
Posts: 1503 | From: washington | Registered: Jun 2009
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im gonna try and scalp half of my holdings to max my gains...but if you like to buy and hold..this is going to above 2 bucks in the next 3-4 months and beyond..IMHO I have an open order at 1.25 to sell 150K shares and if it keeps going up..so be it..bur if it pulls back even 3 cents...i load back up half and wait..that is my plan..time will tell..but into earnings...we could see 1.40 plus..as always..its a crap shoot, but the odds look to be in our favor at this moment, from what my research team is able to gather...nothing but good news abounds concerning earnings and outlook
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Well, I am outta there at $1.19. Waiting for a good spot to get back in. It keeps testing $1.15, but I gotta believe it will fall through that in a little while. Maybe even back to the $1.09 range.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Raj...I have been playing DRN everyday since I discovered it...it goes with the market...If you have a good feel for the market direction..go with it..I had shorted 80 shares yesterday and doubled up when the market had gone from down 25 to plus 10 and then it was ALL GOOD from there..just try to go with the trend..I remain short 80 shares into wed open..looking for a big drop in the dow good luck to us
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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back down to $1.16. What is going on with this thing? Are we not gonna have the normal run-up before earnings? Are we fairly valued? Who all is holding through earnings the May 4th?
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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I think hold through Monday before close at the very least. I believe SIRI is fairly valued and investors already knew the listing requirement was going to happen so that's the reason for no movement this morning. We will see buying pressure going into earnings which will drive the price up.
On that note, YRCW is a buy again at .66.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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I agree on YRCW Glenn. I think this one is going to 1.00 + very soon. Earnings are out next Tuesday after hours. My guess is that earnings will beat expectations. If I had available funds I would be getting in at some point.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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i have limit order for yrcw at .65 not a lot of shares but i m just lookng for quick % gain thats all....
DRN went up and down a lot today - i see how u guys are timing it but it seems like u can get stuck pretty fast too if the market holds its direction for few days in a row...would be tough to bounce back i would think...
Posts: 544 | Registered: Aug 2008
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Be careful on entry for YRCW. Looking at the daily chart it may continue to fall for the rest of the day. It's hard to tell. I'd wait until end of day or maybe even tomorrow.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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Yeah I saw that too SJU. It could still drop a little more. Hey, the price finally moved on SIRI!! Starting to look a little more positive.
Posts: 1503 | From: washington | Registered: Jun 2009
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What's up with the buying/selling on SIRI?? Why is the buy and sell at $1.17??
Posts: 1503 | From: washington | Registered: Jun 2009
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did you buy YRCW raj?? The price dropped pretty quickly there a few minutes ago. .618 low
Posts: 1503 | From: washington | Registered: Jun 2009
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I had a feeling YRCW would close at or near the day's low. That's why made the comment I did earlier. Like Morph says, timing is everything.
It is a good buy though if you're patient. It will do real good over the next few weeks, IMO.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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YRCW has bounced off of .64 for the past two weeks. The SIRI volume spike was between 40-50 million shares. It was going nuts for a bit. Seems to have cooled off a bit now.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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