NotVerySmart2

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

SIRI up over 14 cents in morning trading. Maybe I should change my handle. Hold on kids it's gonna be a wild ride!

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

P.S. Just teasin'. The shorts are covering 'cause they really like the pope's broadcast. Now that makes sense, right? About as much sense as a failed merger. BTW wanna buy some SIRI to cover? You can have my 68k for $3.80.... deal?

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

Yup. You are correct Steven the short-boy it's just over 150M, but I would propose a failed merger would at least provide some relief as it removes all doubt. I guess the 10% move up is all those other shorts thinking the merger won't go through. :-)

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

BTW. We don't need FCC approval anymore for a catalyst. SIRI can beat earnings (they did it last time), this will shake of those nasty short positions. Watch for an earnings announcement soon. I will continue to add as SIRI is just a hair above it previous 52 week low. Damn the torpedos...full speed ahead! Good luck fellow longs. Let's crush the shorts and make them pay up.

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

Yea.... Nice day today. Added more @ 2.42 (thanks shorts) and watched it go to 2.57 (yeeeehaw). Chart has some nice momentum. I really like the signals. I may even up my sell target. I also happened to catch the move in goog today.... just lovin' it! Now holding over 65k SIRI. Anyone want to give me more on the cheap? Stay long...stay strong. :-)

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

BTW. I'd like to reiterate that I am not very smart. I was buying GOOG last week (cost average of $460) when just about everyone (including talking heads) were selling. Only made + $85 / share instead of a +$90 possible. Man I am sooo stupid. Missed that last $5. Oh well. :-)

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

Thanks Roxie. Here's something special just for u. I see some sort term resistance @ 2.40, if we can hold this for another week, the earnings alone (should be later this month) will cause shorts to cover. Watch the 2.80 resistance level (upside) next stop is about 3.05. Check out the options chain to see conversion to calls from puts running 10-1 on the call side @ 3.00 and 5-1 in favor of calls at 4.00. In english this means tha the options favor the upside between $3 -$4. If wae break $3.08 you better hang on 'cause we're going to 3.80. Yes...yes... I know it's a falling knife but I think the shorts have had thier day and are looking to convert and ride the long side. Take advantage of the weak ones and buy up thier shares as they dump them. My (personal) low target is 2.19 and I'm willing to ride it out for the profits (looking for $3.80 long). With over 10% of the float out in shorts last month, I think this has a short term oversold condition. Options agree with me. Best of luck to you! Disclosure - Long 58K shares and in aquisition mode. Take care!

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

Yea... Yea... FCC bad. Haven't the Dems got enough from thier shorts yet? Funny how SIRI started climbing Friday and immediately another "protest letter" came from a dem senator brining it right back down. Wonder how much he was paid for that? I smell a slimy little rat (or a bunch of them). Well I'll just keep buying at a discount... Thanks shorts!