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yeah, that is great news for sure!! The price jumped a little in aftermarket too.
Posts: 1503 | From: washington | Registered: Jun 2009
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Morning Raj, Be patient with YRCW. She will come up over the next few days and you will be profitable.
I firmly believe SIRI is fairly valued. All of their financials line up and that is why it is stuck in this range. It is getting pressure from people that want to be in during earnings. I think it will continue down this road for the next two days. I am not putting much technical info into SIRI Raj. This stock does not act like most stocks so I think it's out of the question.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Not sure what to say about YRCW. Taking another dump this morning. Unlike SIRI, I firmly believe that it is a POS stock. There are no fundamentals to back anything up, which means you are at the mercy of the daytraders.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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You still think it's going to go higher Glenn?? This low volume, and the price hardly moving makes me wonder....as you said, is it fairly priced right now?? I'm not so sure if it's going to move a lot more with this low vol.
Posts: 1503 | From: washington | Registered: Jun 2009
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quote:Originally posted by rajthebam: SJU - get you coffee fix right away - you meant Billion right? just kidding....
Oh man. Fat fingered that one. Yes Billion! Just refilled my coffee as a matter of fact Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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Well, the low volume just tells me that everyone that wants to be in for earnings, probably is by now. This also means they are fairly priced. However, lets not be over critical here. SIRI has gone up 5% over the past two days. Yes, this is not a run-up like us daytraders love, but it's still significant. I think Morph has been hitting this stock on the head the whole time and we all should have listened. This is a good old for years to come. There are only two things that will give you a sign to sell this baby.
1) If someone comes out with a better technology and service.
2) When the auto market slows down.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Still riding ATAC since 17.95. It's been a nice ride so far. Up 15% at this point. I'm looking to hold until around 23.50 or so.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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nice one Sju. I still hold my EMC since $16 and my SBUX since $19 as well. I don't think you could lose money in this market on any blue chip if you hold long enough!
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Good picks there Glenn. I am thinking about setting up ROTH IRA for me and wifey right now and looking for some quality picks to hold for may be 10-15 yrs - how about VZ GE PFE MSFT for long term holding? wanted to get your thoughts.
Posts: 544 | Registered: Aug 2008
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Several analyst downgrades over the past week or so. I love analyst downgrades if I am not in the stock at the time. They usually result in a few days of panic selling followed by a reversal.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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Those seem like decent picks to me. Well diversified. Good companies that have adapted well over the years to changing times. I think I would sub in MRK for PFE though. Better exposure to more of the market and not so target audienced.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Just picked up 2000 shares of DRV at $6.51. I wanted to just short DRV, but there were no shares available. I think this market is topped out for the day.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Yeah. It's best to wait for reversal with YRCW. Everyone is nervous about the earnings release IMO. Next Tuesday after hours. I think it will be up from there.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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I know. I did see that, TJ. Like you said the other day, I wish I would have picked some up at .85.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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glenn you picked up drv at 6.51 and now its at 6.28 - you are not taht much down why are you buying more at only 20 cents drop? you are obviously much smarter investor/daytrader than me but help me understand please.
Posts: 544 | Registered: Aug 2008
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Raj, Just didnt have confidence in the direction of the market at that moment. It looks like she topped out though so I am going to right way now.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Volume picking up on SIRI, and the L2 much more leaning towards going up in price.
Posts: 1503 | From: washington | Registered: Jun 2009
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TJ can you explain where you are seeing the actual buying taking place? obviously thats a good sign for any equity but i just want to understand where are you seeing this info? thanks.
Posts: 544 | Registered: Aug 2008
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i gots a boatload of YRCW...it has pulled back way more then I thought. It seemed to have tremendous momentum in the .70 range..so I continue to hold
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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