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  • Sirius XM Poised to Profit from Muzak Bankruptcy  [View article]
    I find writing here is way too hard for me because it catches me in a positive mood that is hard to maintain when the stock is performing like it has these last few days. However I too have been trying to pplay the ups and downs and have been caught not making the cut. Just past couple of days this happened, sold at .70 and bought back later at .67 just to see it fall further back down. It is hard to make the sale when you feel the pop is just around the corner. What I do not understand is how companies with such horrible numbers like RAD, FNM and PIR have managed what we all expect SIRI to do any second. Long Siri


    On Sep 27 02:15 PM BRUCE E. W. wrote:

    > Thanks RAF: I fixed the typo (my word processing software is altering
    > my type: time for new equipment); edited it, and moved it to a second
    > location (very much less friendly) see:
    > seekingalpha.com/artic...
    >
    > You might want to check it out over there.
    > Your evaluation was excellent; I feel a little less conservative
    > on the timeline. I think it will platform itself to a more popular
    > investment position sometime through November just on timing alone.
    > It will gather popular acceleration with the general market but especially
    > if newsworthy events are paced throughout October to gather momentum.
    > It's very hard to say what the big money volume is going to do next,
    > but they will go with the profits when the direction is ripe. It's
    > caught now, but its in a holding pattern that will break out between
    > .70 and .80 soon and start doing the same dance in that bracket.
    > On repositioning: I tried it twice and got caught both times with
    > larger amounts that lifted back in the .30s and then again in the
    > .50s and each time ended up buying it back at a higher price trying
    > to catch the flux. I played with smaller volume that allowe me to
    > gain a little better position but ended up pretty much right back
    > after the larger turn. In my opinion right now I bought back in at
    > .65 and consider myself lucky with that. It's better hold unless
    > you were lucky enough to have sold at .75 or so....in that case I
    > would say now is the time to jump back on board. Regards, Bruce<br/>
    Sep 27 17:01 pm |Rating: +1 -1 |Link to Comment
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