Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
And konst...
Still awaiting your examples of spec stocks that trade at low P/E mulitples and your "pro" analysis of SIRI's P/E from '05-'08. Hmmm. All us >>"kids who can't do basic math and focus on the f--cking share price"<< can't wait for your genius input. Thank you.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
boston 1...
ah yes, my mistake....god, Zayre. I remember those guys. They were the KMart of the 70's.
Mergers can indeed be tricky. Obviously SIRI is in a whole other space than your example--unique--combi... original content, programming, entertainment, information, all wrapped up in a tech play and delivered to the masses. They have their work cut out but once the new entity is squared away, sky's the limit. Their sub base and content makes them powerful. Plenty of opportunity ahead for this company. Wall Street has proven their interest and confidence in the space, and the company, for a solid number of years ('04-'08). So it's not like they're starting from scratch. Mergers that fail or any company that fails is only as a result of one thing: BAD MANAGEMENT. Not the case here. SIRI's hit some headwinds, not of their own doing. FCC screwed 'em because of their allgience to NAB and now bad timing with the credit crunch...but SIRI will overcome despite, because they have GOOD MANAGEMENT. It means everything.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Oh and kunst...
I fogot to ask...before you move on...can you also please dig up another (one will be fine) spec stock (which being a professional, I'm sure you know SIRI is) that trades at its P/E multiple? A big thanks! I'll look forward to your info.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
hernje...
Nice try.
Konst...
Since you have your slide ruler and calculator handy...please check out a chart from Sept. '05 - June '08 (when the stock price I would guess averaged roughly at 4.00/share) and tell me SIRI's numbers then (and your professional analysis of course). Thanks!
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
SpeculativeMillionaire...
Nothing against you at all and if you really are a millionaire, you've got way more money than I do... but I would only suggest you rethink your strategy about putting this stock in a drawer for years. My reasons are: 1. SATRAD is SLOWLY on it's way to becoming a new standard (replacing FM), but that is years away yet and will still most likely have to fend off other technology in the future. So, like the original SIRI, there will continue to be volatility for years to come...meaning, the stock will be very tradable. 2. I think SIRI will also always be one of those companies that Wall Street will not let off easy, ever. For various reasons, it always has been a company WS has loved but also hated. This will also ensure high volatility and even in several years, you still won't know if something will cause the stock to take a good haircut. So keeping an eye on this investment will be nothng but a good idea. And 3. The days of buy and hold and come back in about 5 years, are over (IMHO). Just ask GM. Anyway, my two cents...
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
relmor...
It looks like the puzzle pieces are all nearly in place--I appreciate all your observations and initiative--you started this whole investigation and were right on the money...For those who are concerned about SIRI going out of biz or stock going to 0 (excluding shorts of course), you should actually take solace in the fact that GS is in SIRI's picture. GS wants to make money--they don't want to put SIRI out of business. Don't forget, Mel cut a DEAL with GS. As in any deal, there are negotiations about the terms, how things will go. Mel K. has a rep for being one of the fiercest negotiators on the planet--hence his success. Yes, GS got the better deal this time and Mel has had to eat some s%#! for a little while, but if anyone thinks Mel didn't get at least a few licks in on GS, you're mistaken. One of those is GS's guarantee that they will not let the company delist (which we also know by one of the main MM's being NSDQ itself--and remember SIRI is a CASH COW for Nasdaq MM's)--hence you will see spikes back up to and a close at at least 1.00 at least once every 30 days while the rest of things play out. Whatever that "play out" time frame is we don't know. We have all been watching the "deal" in play. Wall Sireet calls it En Fuego (spanish for in-play) They don't count on people like relmor actually paying attention to the day to day. When you do, it almost puts you in the negotiation meeting itself. We can now see what was agreed to on both sides. Also the negative pub...more of the deal. GS put out the order that key media sources (in GS's pocket) flood the market with negative articles about bankruptcy, stock going to 0, etc...you name it, we've seen it. All that was, was to help people jump and give their money to GS and to help take the stock down (remember GS makes 13M every .10 down). So..doing the math...the bogus shares were priced at 1.50. Stock is now let's say .80. That's 13M x 7. That's at least a cool 91M profit so far for GS, if not more, if they've been playing the swings, which they most likely have..Not bad for the short-term financing they gave SIRI. And you also have MS and UBS doing similar but not as much profit as GS. Like I said, SIRI = CASH COW. Cash cows are not taken out back and shot for hamburger.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Relmor...
I just thought of something else on the manipulation that makes perfect sense. Do you remember when SIRI actually closed at 1.00? Were you watching the board up to the very last trade at the bell? Interesting, I just remembered I thought it odd that MM's would let the last trade be 1.00 since right at that time, bid/ask was like .9995/.9998 or something. Then very last trade the 1.00 popped in--and it was the only close at or about 1.00... Well guess what that was all about? They want to keep the stock down but they don't want SIRI to be delisted. The rules for Nas delisting are: If a stock closes below $1 for 30 days in a row, the company will be notified it faces being delisted. Then, to avoid actually being delisted, the company's shares must close above $1 for 10 days in a row of the next 90 days. But that was part of the deal with GS. Under NO circumstances will SIRI be allowed to be delisted or even get a notice. So that means until SIRI has their new s#@! together, and while GS and others are making their $13M per .10, they will be allowed to close at a buck at least once every 30 days.
Btw...someone else asked about being delisted. First, SIRI will not be delisted while they are in play here. Second, for any company that is delisted, it's not exaclty the end of the world (if they are a decent company). All that would happen is they would go to the OTC.BB exchange and their shareholders follow and trade there. OTC.BB is not a horrible exchange but of course it's not NAS. Then if the price can get back over a dollar organically, the company can apply for reinstatement to NAS. No biggie. Most companies won't even let that happen though. If they can't get back to 1.00 on Nas, they will just f their shareholders and reverse to keep them there. Then of course, they will be shorted right back down and have to deal with it all over again eventually...cat and mouse.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Burtbeck...
Yes, 1 for 1 but it all depends who those 1 and 1's are. When it's MM to MM, there is where the price can be manipulated and SIRI has plenty of that going on at this stage. Probably executive orders from GS. They want this stock going down as far as it possibly can for their hedge. What shares were they given to short, 133M? Well, every .10 = 13M for them. That's why they beat the stock back at 1.00. The only thing that will save it from going to .25 is if SIRI counters with news--which is coming. That's exactly what Mel said on his appearance on Mad Money to JC. He said, "well then I'm just going to have to disappoint the short" when Cramer said there was nothing Mel could do to stop the hedge. So, it's on Mel to stop the bleeding. Which, I know you could care less about (lol)...
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
SEC is a huge joke. I called them once back in '03 or '04 to expose a stock I stupidly got involved with that kept reversing and changing ticker. The oldest trick in the book for a company to legally steal from the public. What I was told by this guy was scary. Basically, he didn't want to hear it and told me to go away.
Btw, I had listed most active MM's before for SIRI and no coincidence maybe the most active (serving up those huge blocks) is NSDQ (Nasdaq Execution Services). So if anyone thinks that the NASD cares about NSDQ manipulating stock price and orders, guess again. Like you said relmor, it's a game. That's why we've told people not to jump. Part of the game is to get as many small investors to jump as possible. It's easy for MM's and they get a kick out of it....that's why time is the key. Time arbitrage. Once the MM's have you, it's a standoff of who can wait the longest. And they know when a certain amount of small investors have piled in. Once that happens, they are going to take you underwater to see how long you can hold your breath. If you can out-wait them, they will let you take a ride with them and make some money. If not, they want to and will crush you, drown you--and then laugh at you at the bar over drinks that night. Think of the MM's as "the House" Vegas. The last thing they want you to do is make money that either they could make or that they are trying to make for the companies whose stock they are repping. But you can, if you know the game. Anyone's best hope obviously is to always be in stocks where larger players either are already, or show up to while you're there. That's who the MM's will make money for and groove the stock--their buddies. If you are lucky to be there, right place right time, like a parasite, they will also let you take the ride. If you are unlucky and buy into a stock where few of their buddy's are, you will be very lonely being drowned and beaten to a pulp everyday, day in, day out. That's Wall Street.
I hope you get your average relmor. I hope all you guys (and girls) can make some money from these bad boys. Not easy, but for now we have to count on Mel to bring some pain to these guys with some positive news. I think he will deliver.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Burtbeck...
I have no problem with you. Obviously we are on two sides of the SIRI story, which can make things contentious sometimes. You made some good coin on the way down...that's cool. I and others will be doing the same on the way back up--at the end of the day, a good story for all of us.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
This is what some of us have been watching daily to supress SIRI's stock. They key, as I've mentioned before, is that MM's not only fill outside orders, but they also have their own inventories of shares and can go either long or short THEMSELVES against each other. This is how incestuous MM's are. And they are free to regulate block sizes, to buy and sell. So when you see the huge blocks show up (and the actual sales show shares of 100, 200, 100, 100, 300, 1000), that is the MM inflating the blocks to manipluate the flow of trading. Sadly, this is legal. Nothing anyone can do to stop it. Understanding this also goes a long way to understanding why SIRI in no way will be headed to 0. They are a CASH COW for MM's--with this kind of volume at these low prices. On days without any company news, like today, the .10 lost was pure Market Maker profit generated by themselves. So MM's will keep this price under a buck (and drifting lower to range-bound) until NEWS brings in enough new orders that they MUST fill as actual incoming executable orders. Until then, they will predominantly be buying and selling amongst themselves and will keep the stock here to down. The good news for us longs is SIRI's new story really begins Oct 6. After that there will be many new announcements on the short-term horizon. Don't look for Oct/Nov/Dec to be like no-news September.
How To Work Around A Market Maker's Tricks by Glenn Curtis Trick #1: Giving Phony Sizes
Nasdaq market makers, routinely take positions in stocks, both long and short, and then turn them around for a profit, or a loss, later in the day. They provide liquidity, but they are also more focused on capitalizing on your lot of stock by buying it for their own trading account and then flipping it to another buyer. In any case, market makers will sometimes post phony sizes in order to lure you into buying or selling a stock.
The market maker may show a big offer of say 10,000 shares. Brokers see this, think that the market maker is looking to unload a big block of stock, and quickly sell their shares at the bid price...
Note on this subject: While actions such as this may be frowned upon by the National Association of Securities Dealers (NASD) - they are still fairly common in practice.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
To all who think SIRI WON'T MAKE IT. Please peruse the below. I was long SIRI during this period--and was it painful, hell yeah...and more proof that being pro SIRI is not for the weak of stomach at times for sure. Yes, times are different now and please don't be obvious and cite shares out and financing issues (which actually are in SIRI's favor because they are a much more experienced company today and now with the merger a much more viable one), but the point of the exercise is to ask you: why did SIRI not file for a BK then, and why did their stock not go to 0? I'll look forward to your answers. Thank you. (Also this era below was pre Howard, Mel, Oprah, Martha S., Mad Dog, etc...btw..).
(To any longs seeing this info for the first time, disregard the protracted time-frame showing the comeback. This time around will be much, much different. The beginning numbers of course were all the time highs during the tech boom euphoria).
Date Volume High Low Open Close 03/01/00 671,100 69.4375 62.375 62.50 64.875 03/02/00 400,000 69.4375 59.50 62.50 61.8125... ...... 07/15/02 721,800 3.54 3.30 3.38 3.50 07/16/02 356,700 3.53 3.30 3.40 3.411 07/17/02 1.44 M 3.50 3.26 3.45 3.49 07/18/02 754,300 3.45 3.15 3.40 3.20 07/19/02 1.92 M 3.14 2.73 3.13 2.79 07/22/02 1.04 M 2.90 2.46 2.69 2.53 07/23/02 2.14 M 2.54 1.95 2.51 2.08 07/24/02 1.31 M 2.00 1.70 1.96 1.86 07/25/02 2.12 M 2.15 1.76 1.85 1.879 07/26/02 1.4 M 1.98 1.55 1.92 1.60 07/29/02 1.13 M 1.94 1.65 1.75 1.84 07/30/02 1.59 M 2.20 1.82 2.02 2.20 07/31/02 905,956 2.26 2.05 2.25 2.05 08/01/02 750,100 2.19 1.90 2.10 2.00 08/02/02 664,031 2.14 1.92 2.02 1.96 08/05/02 880,684 1.96 1.75 1.90 1.779 08/06/02 677,875 1.907 1.65 1.84 1.66 08/07/02 624,100 1.89 1.70 1.83 1.71 08/08/02 561,174 1.80 1.65 1.79 1.78 08/09/02 304,539 1.88 1.78 1.83 1.80 08/12/02 1.56 M 2.15 1.81 1.95 2.07 08/13/02 3.87 M 2.25 1.26 2.11 1.32 08/14/02 10.12 M 1.02 0.68 0.96 0.76 08/15/02 9.03 M 1.56 0.70 0.71 1.44 08/16/02 2.87 M 1.50 1.20 1.47 1.22 08/19/02 1.93 M 1.22 1.00 1.15 1.10 08/20/02 1.49 M 1.26 1.09 1.12 1.2474 08/21/02 923,973 1.35 1.26 1.27 1.289 08/22/02 798,800 1.37 1.25 1.31 1.27 08/23/02 750,234 1.32 1.14 1.31 1.17 08/26/02 484,426 1.29 1.18 1.27 1.27 08/27/02 600,400 1.30 1.22 1.28 1.23 08/28/02 646,635 1.27 1.18 1.23 1.18 08/29/02 875,635 1.26 1.17 1.20 1.26 08/30/02 2.69 M 1.60 1.22 1.22 1.51 09/03/02 1.34 M 1.57 1.26 1.50 1.38 09/04/02 1.73 M 1.70 1.43 1.43 1.63 09/05/02 2.49 M 1.93 1.53 1.63 1.75 09/06/02 1.41 M 1.89 1.62 1.89 1.68 09/09/02 651,053 1.73 1.57 1.59 1.70 09/10/02 1.39 M 1.701 1.49 1.68 1.50 09/11/02 550,400 1.54 1.46 1.47 1.46 09/12/02 690,700 1.46 1.33 1.46 1.41 09/13/02 1.51 M 1.59 1.41 1.43 1.54 09/16/02 705,672 1.55 1.37 1.53 1.45 09/17/02 634,574 1.55 1.38 1.45 1.45 09/18/02 777,000 1.44 1.27 1.44 1.28 09/19/02 1.29 M 1.39 1.15 1.28 1.16 09/20/02 1.21 M 1.27 1.15 1.25 1.20 09/23/02 713,386 1.26 1.12 1.24 1.16 09/24/02 1.53 M 1.27 1.10 1.19 1.22 09/25/02 871,142 1.28 1.15 1.25 1.22 09/26/02 629,000 1.29 1.18 1.25 1.23 09/27/02 335,100 1.26 1.15 1.24 1.15 09/30/02 1.05 M 1.15 1.00 1.14 1.00 10/01/02 1.28 M 1.02 0.80 1.00 0.90 10/02/02 733,528 0.95 0.81 0.87 0.943 10/03/02 953,385 1.05 0.86 0.92 1.03 10/04/02 589,000 1.05 0.92 1.05 0.95 10/07/02 585,800 0.97 0.82 0.94 0.86 10/08/02 1.66 M 1.03 0.87 0.99 1.01 10/09/02 870,326 1.04 0.86 1.03 0.94 10/10/02 672,104 0.96 0.87 0.95 0.89 10/11/02 3.18 M 0.95 0.66 0.90 0.6877 10/14/02 1.75 M 0.839 0.72 0.75 0.82 10/15/02 1.72 M 0.88 0.71 0.85 0.76 10/16/02 1.21 M 0.85 0.71 0.76 0.84 10/17/02 7.56 M 1.44 0.75 0.87 1.32 10/18/02 15.41 M 1.06 0.78 1.04 0.89 10/21/02 5.59 M 0.86 0.75 0.86 0.77 10/22/02 3.18 M 0.77 0.68 0.77 0.69 10/23/02 2.11 M 0.74 0.66 0.67 0.7274 10/24/02 2.19 M 0.78 0.70 0.78 0.719 10/25/02 1.35 M 0.75 0.70 0.74 0.7499 10/28/02 2.31 M 0.83 0.75 0.77 0.79 10/29/02 2.76 M 0.85 0.78 0.82 0.80 10/30/02 1.76 M 0.83 0.80 0.81 0.82 10/31/02 2.91 M 0.92 0.81 0.82 0.909 11/01/02 2.14 M 1.00 0.90 0.91 0.99 11/04/02 3.97 M 1.19 1.01 1.06 1.06 11/05/02 2.1 M 1.13 1.04 1.09 1.12 11/06/02 2.39 M 1.17 1.09 1.16 1.11 11/07/02 1.59 M 1.12 1.00 1.12 1.01 11/08/02 1.69 M 1.05 0.91 1.02 0.94 11/11/02 1.31 M 0.94 0.85 0.94 0.87 11/12/02 1.43 M 0.92 0.85 0.90 0.92 11/13/02 1.07 M 0.92 0.87 0.92 0.89 11/14/02 2.99 M 0.92 0.79 0.91 0.82 11/15/02 6.22 M 0.89 0.66 0.71 0.88 11/18/02 2.5 M 0.90 0.78 0.89 0.82 11/19/02 1.28 M 0.85 0.78 0.80 0.82 11/20/02 1.84 M 0.84 0.76 0.82 0.80 11/21/02 1.07 M 0.82 0.76 0.79 0.77 11/22/02 1.87 M 0.79 0.72 0.77 0.75 11/25/02 2.74 M 0.84 0.75 0.76 0.84 11/26/02 5.52 M 0.98 0.85 0.86 0.90 11/27/02 1.73 M 0.92 0.82 0.92 0.86 11/29/02 799,931 0.87 0.81 0.82 0.86 12/02/02 1.4 M 0.91 0.81 0.86 0.85 12/03/02 2.76 M 0.85 0.79 0.85 0.799 12/04/02 1.32 M 0.80 0.75 0.80 0.78 12/05/02 2.98 M 0.85 0.75 0.78 0.81 12/06/02 821,576 0.81 0.76 0.80 0.79 12/09/02 2.11 M 0.78 0.72 0.76 0.72 12/10/02 1.79 M 0.75 0.71 0.72 0.73 12/11/02 2.67 M 0.73 0.70 0.73 0.72 12/12/02 1.65 M 0.72 0.67 0.71 0.68 12/13/02 2.25 M 0.71 0.65 0.71 0.661 12/16/02 1.45 M 0.67 0.61 0.66 0.63 12/17/02 1.78 M 0.64 0.55 0.63 0.58 12/18/02 1.38 M 0.58 0.54 0.57 0.54 12/19/02 3.61 M 0.65 0.53 0.61 0.58 12/20/02 2.41 M 0.59 0.53 0.58 0.54 12/23/02 3.67 M 0.57 0.53 0.56 0.54 12/24/02 1.49 M 0.58 0.53 0.54 0.541 12/26/02 1.39 M 0.55 0.50 0.53 0.52 12/27/02 4.06 M 0.60 0.46 0.51 0.60 12/30/02 2.29 M 0.60 0.50 0.60 0.56 12/31/02 4.24 M 0.65 0.56 0.56 0.64 01/02/03 2.25 M 0.65 0.60 0.64 0.61 01/03/03 1.17 M 0.61 0.58 0.61 0.60 01/06/03 1.62 M 0.64 0.59 0.60 0.629 01/07/03 6.43 M 0.85 0.61 0.62 0.82 01/08/03 5.56 M 0.88 0.74 0.82 0.761 01/09/03 4.43 M 0.81 0.72 0.79 0.78 01/10/03 1.78 M 0.84 0.77 0.81 0.81 01/13/03 1.49 M 0.84 0.78 0.81 0.79 01/14/03 23.92 M 1.29 0.79 0.79 1.26 01/15/03 40.59 M 1.62 1.10 1.25 1.37 01/16/03 12.42 M 1.44 1.20 1.32 1.25 01/17/03 9.18 M 1.24 1.10 1.14 1.17 01/21/03 6.86 M 1.25 1.15 1.17 1.18 01/22/03 15.07 M 1.42 1.181 1.181 1.268 01/23/03 8.64 M 1.44 1.26 1.27 1.30 01/24/03 4.77 M 1.33 1.22 1.32 1.27 01/27/03 5.11 M 1.25 1.07 1.23 1.09 01/28/03 11.08 M 1.10 0.94 1.09 1.06 01/29/03 3.46 M 1.05 0.95 1.03 1.03 01/30/03 5.89 M 1.19 1.02 1.03 1.12 01/31/03 5.83 M 1.24 1.14 1.19 1.16 02/03/03 3.44 M 1.25 1.10 1.25 1.11 02/04/03 3.21 M 1.12 1.01 1.12 1.03 02/05/03 6.34 M 1.03 0.93 1.03 0.95 02/06/03 5.41 M 0.96 0.85 0.96 0.86 02/07/03 3.3 M 0.952 0.88 0.92 0.90 02/10/03 3.03 M 0.97 0.898 0.91 0.91 02/11/03 2.79 M 0.933 0.84 0.91 0.88 02/12/03 2.94 M 0.88 0.81 0.88 0.819 02/13/03 4.02 M 0.83 0.73 0.819 0.74 02/14/03 3.13 M 0.76 0.72 0.74 0.76 02/18/03 11.66 M 1.00 0.87 0.95 0.93 02/19/03 5.76 M 0.95 0.85 0.93 0.85 02/20/03 4.18 M 0.92 0.84 0.85 0.88 02/21/03 4.47 M 0.92 0.87 0.91 0.88 02/24/03 3.15 M 0.93 0.87 0.90 0.88 02/25/03 7.06 M 0.89 0.81 0.89 0.84 02/26/03 4.94 M 0.84 0.75 0.84 0.78 02/27/03 7.81 M 0.82 0.76 0.78 0.77 02/28/03 6.72 M 0.79 0.74 0.78 0.76 03/03/03 4.1 M 0.81 0.77 0.79 0.80 03/04/03 10.01 M 0.81 0.709 0.80 0.7101 03/05/03 60.86 M 0.68 0.519 0.67 0.5301 03/06/03 53.02 M 0.603 0.476 0.56 0.49 03/07/03 31.24 M 0.50 0.47 0.50 0.475 03/10/03 46.91 M 0.54 0.49 0.53 0.495 03/11/03 33.05 M 0.51 0.44 0.50 0.45 03/12/03 19.7 M 0.47 0.40 0.46 0.41 03/13/03 46.19 M 0.44 0.40 0.41 0.42 03/14/03 23.48 M 0.45 0.389 0.42 0.41 03/17/03 47.77 M 0.491 0.40 0.41 0.44 03/18/03 42.58 M 0.47 0.44 0.46 0.45 03/19/03 74.32 M 0.54 0.44 0.47 0.53 03/20/03 89.4 M 0.64 0.56 0.58 0.59 03/21/03 83.34 M 0.65 0.56 0.6301 0.582 03/24/03 78.95 M 0.543 0.50 0.53 0.535 03/25/03 112.17 M 0.65 0.55 0.56 0.63 03/26/03 196.79 M 0.75 0.65 0.72 0.671 03/27/03 110.85 M 0.73 0.62 0.67 0.69 03/28/03 125.09 M 0.72 0.64 0.68 0.67 03/31/03 125.55 M 0.75 0.65 0.66 0.73 04/01/03 40.57 M 0.78 0.71 0.77 0.72 04/02/03 21.87 M 0.75 0.68 0.75 0.70 04/03/03 12.06 M 0.70 0.66 0.699 0.66 04/04/03 12.58 M 0.69 0.63 0.67 0.67 04/07/03 13.67 M 0.72 0.66 0.72 0.68 04/08/03 6.37 M 0.69 0.655 0.68 0.67 04/09/03 7.23 M 0.74 0.63 0.67 0.65 04/10/03 10.78 M 0.65 0.60 0.64 0.64 04/11/03 5.5 M 0.66 0.62 0.62 0.63 04/14/03 5.9 M 0.66 0.64 0.64 0.65 04/15/03 7.68 M 0.69 0.64 0.66 0.66 04/16/03 8.14 M 0.69 0.66 0.67 0.679 04/17/03 28.78 M 0.75 0.70 0.712 0.73 04/21/03 17.87 M 0.77 0.70 0.75 0.715 04/22/03 14.43 M 0.75 0.70 0.72 0.71 04/23/03 64.62 M 0.82 0.72 0.72 0.779 04/24/03 19.25 M 0.77 0.72 0.77 0.73 04/25/03 18.85 M 0.74 0.64 0.74 0.70 04/28/03 20.47 M 0.73 0.70 0.73 0.72 04/29/03 29.54 M 0.771 0.73 0.74 0.731 04/30/03 15.41 M 0.77 0.73 0.74 0.74 05/01/03 17.17 M 0.79 0.61 0.75 0.79 05/02/03 48.53 M 0.88 0.78 0.80 0.83 05/05/03 37.97 M 0.91 0.86 0.86 0.90 05/06/03 136.42 M 1.23 1.00 1.02 1.209 05/07/03 122.89 M 1.352 1.02 1.352 1.11 05/08/03 66.31 M 1.14 0.993 1.10 1.04 05/09/03 60.68 M 1.10 0.949 1.05 0.97 05/12/03 51.66 M 1.06 0.88 0.96 1.06 05/13/03 144.13 M 1.30 1.10 1.16 1.23 05/14/03 144.53 M 1.416 1.14 1.35 1.35 05/15/03 117.29 M 1.568 1.38 1.48 1.41 05/16/03 70.79 M 1.41 1.33 1.382 1.37 05/19/03 43.1 M 1.37 1.28 1.37 1.30 05/20/03 136.21 M 1.28 1.10 1.24 1.13 05/21/03 119.9 M 1.12 1.05 1.11 1.07 05/22/03 215.27 M 1.25 1.14 1.15 1.24 05/23/03 102.69 M 1.36 1.27 1.35 1.32 05/27/03 75.78 M 1.4201 1.31 1.34 1.39 05/28/03 91.64 M 1.46 1.38 1.44 1.39 05/29/03 59.18 M 1.43 1.32 1.41 1.35 05/30/03 133.44 M 1.60 1.45 1.50 1.60 06/02/03 274.65 M 2.11 1.70 1.83 1.95 06/03/03 254.9 M 2.37 2.02 2.17 2.35 06/04/03 266.24 M 2.393 2.036 2.09 2.09 06/05/03 221.96 M 2.21 1.95 1.988 2.06 06/06/03 95.18 M 2.25 2.00 2.249 2.15 06/09/03 78.28 M 2.191 2.05 2.16 2.05 06/10/03 89.8 M 2.12 1.96 2.12 2.02 06/11/03 77.87 M 2.11 1.99 2.08 2.05 06/12/03 61.06 M 2.09 1.99 2.08 2.01 06/13/03 141.22 M 2.00 1.798 1.97 1.85 06/16/03 142.45 M 1.86 1.64 1.80 1.78 06/17/03 96.77 M 1.97 1.81 1.82 1.92 06/18/03 50.7 M 1.97 1.88 1.96 1.89 06/19/03 61.19 M 1.92 1.77 1.91 1.80 06/20/03 50.02 M 1.85 1.72 1.83 1.73 06/23/03 90.84 M 1.84 1.61 1.759 1.78 06/24/03 65.2 M 1.77 1.68 1.74 1.70 06/25/03 43.7 M 1.77 1.65 1.69 1.66 06/26/03 70.68 M 1.70 1.60 1.67 1.61 06/27/03 51.31 M 1.71 1.63 1.66 1.66 06/30/03 49.18 M 1.74 1.64 1.73 1.69 07/01/03 53 M 1.71 1.60 1.68 1.70 07/02/03 50.3 M 1.78 1.68 1.71 1.775 07/03/03 48.76 M 1.85 1.72 1.75 1.844 07/07/03 63.51 M 1.92 1.76 1.88 1.76 07/08/03 37.11 M 1.81 1.71 1.759 1.77 07/09/03 35.15 M 1.88 1.77 1.81 1.84 07/10/03 40.89 M 1.845 1.79 1.83 1.82 07/11/03 24.72 M 1.85 1.80 1.84 1.82 07/14/03 32.97 M 1.87 1.80 1.84 1.81 07/15/03 26.82 M 1.84 1.755 1.82 1.777 07/16/03 28.44 M 1.82 1.73 1.80 1.74 07/17/03 35.08 M 1.73 1.65 1.71 1.67 07/18/03 24.4 M 1.71 1.638 1.68 1.705 07/21/03 17.01 M 1.72 1.65 1.70 1.68 07/22/03 26.91 M 1.70 1.66 1.69 1.67 07/23/03 21.87 M 1.68 1.61 1.67 1.63 07/24/03 18.99 M 1.69 1.63 1.66 1.65 07/25/03 12.08 M 1.66 1.6299 1.65 1.6313 07/28/03 66.82 M 1.89 1.62 1.64 1.89 07/29/03 53.48 M 1.94 1.80 1.928 1.81 07/30/03 37.51 M 1.83 1.73 1.80 1.77 07/31/03 19.93 M 1.84 1.77 1.81 1.78 08/01/03 21.93 M 1.83 1.78 1.81 1.806 08/04/03 57.24 M 1.95 1.84 1.85 1.92 08/05/03 102.25 M 2.06 1.90 1.95 1.95 08/06/03 88.84 M 1.87 1.70 1.78 1.709 08/07/03 133.75 M 1.71 1.40 1.67 1.53 08/08/03 38.85 M 1.68 1.55 1.55 1.62 08/11/03 16.31 M 1.71 1.638 1.67 1.66 08/12/03 33.04 M 1.72 1.64 1.67 1.70 08/13/03 18.84 M 1.71 1.65 1.69 1.671 08/14/03 22.88 M 1.685 1.63 1.669 1.65 08/15/03 5.48 M 1.68 1.62 1.64 1.64 08/18/03 22.13 M 1.66 1.60 1.66 1.6099 08/19/03 30.98 M 1.68 1.57 1.61 1.58 08/20/03 23.03 M 1.59 1.54 1.59 1.55 08/21/03 17.11 M 1.61 1.56 1.57 1.57 08/22/03 20.19 M 1.62 1.58 1.60 1.585 08/25/03 13.92 M 1.62 1.58 1.60 1.58 08/26/03 15.84 M 1.59 1.56 1.58 1.58 08/27/03 14.46 M 1.60 1.57 1.57 1.60 08/28/03 28.53 M 1.69 1.59 1.599 1.66 08/29/03 19.88 M 1.72 1.66 1.67 1.66 09/02/03 35.23 M 1.64 1.57 1.595 1.62 09/03/03 48.47 M 1.73 1.64 1.64 1.646 09/04/03 18.37 M 1.695 1.66 1.68 1.665 09/05/03 21.94 M 1.69 1.63 1.67 1.66 09/08/03 22 M 1.68 1.65 1.67 1.68 09/09/03 70.72 M 1.81 1.67 1.67 1.77 09/10/03 27.64 M 1.78 1.70 1.77 1.71 09/11/03 22.27 M 1.75 1.67 1.72 1.72 09/12/03 21.37 M 1.72 1.67 1.71 1.68 09/15/03 22.79 M 1.72 1.67 1.70 1.69 09/16/03 21.57 M 1.71 1.67 1.68 1.68 09/17/03 94.5 M 1.94 1.72 1.725 1.84 09/18/03 53.03 M 1.922 1.79 1.89 1.84 09/19/03 82.78 M 2.04 1.95 1.97 1.98 09/22/03 32.79 M 1.96 1.85 1.95 1.95 09/23/03 43.52 M 2.02 1.96 1.96 2.016 09/24/03 56.85 M 2.08 1.91 2.03 1.94 09/25/03 31.03 M 2.00 1.88 2.00 1.92 09/26/03 41.07 M 1.93 1.768 1.91 1.79 09/29/03 30.35 M 1.852 1.76 1.85 1.85 09/30/03 26.16 M 1.87 1.79 1.86 1.82 10/01/03 29.5 M 1.89 1.83 1.84 1.85 10/02/03 29.8 M 1.92 1.85 1.91 1.90 10/03/03 29.68 M 1.96 1.86 1.93 1.87 10/06/03 21.82 M 1.90 1.84 1.90 1.865 10/07/03 19.41 M 1.871 1.84 1.86 1.87 10/08/03 34.9 M 1.98 1.87 1.88 1.95 10/09/03 38.64 M 2.02 1.91 1.98 1.938 10/10/03 86.96 M 2.08 1.90 1.97 2.07 10/13/03 114.25 M 2.29 2.10 2.10 2.28 10/14/03 106.27 M 2.44 2.28 2.30 2.33 10/15/03 78.03 M 2.33 2.17 2.32 2.192
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
relmor...
Good thought. When we look at the actual transactions coinciding with those huge bid/asks (100K, 250K, 300K), they're 100, 500, 1000, 100, 100, 200...then the huge blocks just disappear once the momentum is stoned.
Burtbeck...I wonder...do you watch a RT board and L2? Even though you benefit, I'm curious if you think SIRI stock is being manipulated? Or do you think that activity I just described above is A OK?
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Still awaiting your examples of spec stocks that trade at low P/E mulitples and your "pro" analysis of SIRI's P/E from '05-'08. Hmmm. All us >>"kids who can't do basic math and focus on the f--cking share price"<< can't wait for your genius input. Thank you.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
ah yes, my mistake....god, Zayre. I remember those guys. They were the KMart of the 70's.
Mergers can indeed be tricky. Obviously SIRI is in a whole other space than your example--unique--combi... original content, programming, entertainment, information, all wrapped up in a tech play and delivered to the masses. They have their work cut out but once the new entity is squared away, sky's the limit. Their sub base and content makes them powerful. Plenty of opportunity ahead for this company. Wall Street has proven their interest and confidence in the space, and the company, for a solid number of years ('04-'08). So it's not like they're starting from scratch. Mergers that fail or any company that fails is only as a result of one thing: BAD MANAGEMENT. Not the case here. SIRI's hit some headwinds, not of their own doing. FCC screwed 'em because of their allgience to NAB and now bad timing with the credit crunch...but SIRI will overcome despite, because they have GOOD MANAGEMENT. It means everything.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
I fogot to ask...before you move on...can you also please dig up another (one will be fine) spec stock (which being a professional, I'm sure you know SIRI is) that trades at its P/E multiple? A big thanks! I'll look forward to your info.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Nice try.
Konst...
Since you have your slide ruler and calculator handy...please check out a chart from Sept. '05 - June '08 (when the stock price I would guess averaged roughly at 4.00/share) and tell me SIRI's numbers then (and your professional analysis of course). Thanks!
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Nothing against you at all and if you really are a millionaire, you've got way more money than I do... but I would only suggest you rethink your strategy about putting this stock in a drawer for years. My reasons are: 1. SATRAD is SLOWLY on it's way to becoming a new standard (replacing FM), but that is years away yet and will still most likely have to fend off other technology in the future. So, like the original SIRI, there will continue to be volatility for years to come...meaning, the stock will be very tradable. 2. I think SIRI will also always be one of those companies that Wall Street will not let off easy, ever. For various reasons, it always has been a company WS has loved but also hated. This will also ensure high volatility and even in several years, you still won't know if something will cause the stock to take a good haircut. So keeping an eye on this investment will be nothng but a good idea. And 3. The days of buy and hold and come back in about 5 years, are over (IMHO). Just ask GM. Anyway, my two cents...
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
It looks like the puzzle pieces are all nearly in place--I appreciate all your observations and initiative--you started this whole investigation and were right on the money...For those who are concerned about SIRI going out of biz or stock going to 0 (excluding shorts of course), you should actually take solace in the fact that GS is in SIRI's picture. GS wants to make money--they don't want to put SIRI out of business. Don't forget, Mel cut a DEAL with GS. As in any deal, there are negotiations about the terms, how things will go. Mel K. has a rep for being one of the fiercest negotiators on the planet--hence his success. Yes, GS got the better deal this time and Mel has had to eat some
s%#! for a little while, but if anyone thinks Mel didn't get at least a few licks in on GS, you're mistaken. One of those is GS's guarantee that they will not let the company delist (which we also know by one of the main MM's being NSDQ itself--and remember SIRI is a CASH COW for Nasdaq MM's)--hence you will see spikes back up to and a close at at least 1.00 at least once every 30 days while the rest of things play out. Whatever that "play out" time frame is we don't know. We have all been watching the "deal" in play. Wall Sireet calls it En Fuego (spanish for in-play) They don't count on people like relmor actually paying attention to the day to day. When you do, it almost puts you in the negotiation meeting itself. We can now see what was agreed to on both sides. Also the negative pub...more of the deal. GS put out the order that key media sources (in GS's pocket) flood the market with negative articles about bankruptcy, stock going to 0, etc...you name it, we've seen it. All that was, was to help people jump and give their money to GS and to help take the stock down (remember GS makes 13M every .10 down). So..doing the math...the bogus shares were priced at 1.50. Stock is now let's say .80. That's 13M x 7. That's at least a cool 91M profit so far for GS, if not more, if they've been playing the swings, which they most likely have..Not bad for the short-term financing they gave SIRI. And you also have MS and UBS doing similar but not as much profit as GS. Like I said, SIRI = CASH COW. Cash cows are not taken out back and shot for hamburger.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
I just thought of something else on the manipulation that makes perfect sense. Do you remember when SIRI actually closed at 1.00? Were you watching the board up to the very last trade at the bell? Interesting, I just remembered I thought it odd that MM's would let the last trade be 1.00 since right at that time, bid/ask was like .9995/.9998 or something. Then very last trade the 1.00 popped in--and it was the only close at or about 1.00... Well guess what that was all about? They want to keep the stock down but they don't want SIRI to be delisted. The rules for Nas delisting are: If a stock closes below $1 for 30 days in a row, the company will be notified it faces being delisted. Then, to avoid actually being delisted, the company's shares must close above $1 for 10 days in a row of the next 90 days. But that was part of the deal with GS. Under NO circumstances will SIRI be allowed to be delisted or even get a notice. So that means until SIRI has their new s#@! together, and while GS and others are making their $13M per .10, they will be allowed to close at a buck at least once every 30 days.
Btw...someone else asked about being delisted. First, SIRI will not be delisted while they are in play here. Second, for any company that is delisted, it's not exaclty the end of the world (if they are a decent company). All that would happen is they would go to the OTC.BB exchange and their shareholders follow and trade there. OTC.BB is not a horrible exchange but of course it's not NAS. Then if the price can get back over a dollar organically, the company can apply for reinstatement to NAS. No biggie. Most companies won't even let that happen though. If they can't get back to 1.00 on Nas, they will just f their shareholders and reverse to keep them there. Then of course, they will be shorted right back down and have to deal with it all over again eventually...cat and mouse.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Yes, 1 for 1 but it all depends who those 1 and 1's are. When it's MM to MM, there is where the price can be manipulated and SIRI has plenty of that going on at this stage. Probably executive orders from GS. They want this stock going down as far as it possibly can for their hedge. What shares were they given to short, 133M? Well, every .10 = 13M for them. That's why they beat the stock back at 1.00. The only thing that will save it from going to .25 is if SIRI counters with news--which is coming. That's exactly what Mel said on his appearance on Mad Money to JC. He said, "well then I'm just going to have to disappoint the short" when Cramer said there was nothing Mel could do to stop the hedge. So, it's on Mel to stop the bleeding. Which, I know you could care less about (lol)...
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Btw, I had listed most active MM's before for SIRI and no coincidence maybe the most active (serving up those huge blocks) is NSDQ (Nasdaq Execution Services). So if anyone thinks that the NASD cares about NSDQ manipulating stock price and orders, guess again. Like you said relmor, it's a game. That's why we've told people not to jump. Part of the game is to get as many small investors to jump as possible. It's easy for MM's and they get a kick out of it....that's why time is the key. Time arbitrage. Once the MM's have you, it's a standoff of who can wait the longest. And they know when a certain amount of small investors have piled in. Once that happens, they are going to take you underwater to see how long you can hold your breath. If you can out-wait them, they will let you take a ride with them and make some money. If not, they want to and will crush you, drown you--and then laugh at you at the bar over drinks that night. Think of the MM's as "the House" Vegas. The last thing they want you to do is make money that either they could make or that they are trying to make for the companies whose stock they are repping. But you can, if you know the game. Anyone's best hope obviously is to always be in stocks where larger players either are already, or show up to while you're there. That's who the MM's will make money for and groove the stock--their buddies. If you are lucky to be there, right place right time, like a parasite, they will also let you take the ride. If you are unlucky and buy into a stock where few of their buddy's are, you will be very lonely being drowned and beaten to a pulp everyday, day in, day out. That's Wall Street.
I hope you get your average relmor. I hope all you guys (and girls) can make some money from these bad boys. Not easy, but for now we have to count on Mel to bring some pain to these guys with some positive news. I think he will deliver.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
I have no problem with you. Obviously we are on two sides of the SIRI story, which can make things contentious sometimes. You made some good coin on the way down...that's cool. I and others will be doing the same on the way back up--at the end of the day, a good story for all of us.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
How To Work Around A Market Maker's Tricks
by Glenn Curtis
Trick #1: Giving Phony Sizes
Nasdaq market makers, routinely take positions in stocks, both long and short, and then turn them around for a profit, or a loss, later in the day. They provide liquidity, but they are also more focused on capitalizing on your lot of stock by buying it for their own trading account and then flipping it to another buyer. In any case, market makers will sometimes post phony sizes in order to lure you into buying or selling a stock.
The market maker may show a big offer of say 10,000 shares. Brokers see this, think that the market maker is looking to unload a big block of stock, and quickly sell their shares at the bid price...
Note on this subject: While actions such as this may be frowned upon by the National Association of Securities Dealers (NASD) - they are still fairly common in practice.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
(To any longs seeing this info for the first time, disregard the protracted time-frame showing the comeback. This time around will be much, much different. The beginning numbers of course were all the time highs during the tech boom euphoria).
Date Volume High Low Open Close
03/01/00 671,100 69.4375 62.375 62.50 64.875
03/02/00 400,000 69.4375 59.50 62.50 61.8125...
......
07/15/02 721,800 3.54 3.30 3.38 3.50
07/16/02 356,700 3.53 3.30 3.40 3.411
07/17/02 1.44 M 3.50 3.26 3.45 3.49
07/18/02 754,300 3.45 3.15 3.40 3.20
07/19/02 1.92 M 3.14 2.73 3.13 2.79
07/22/02 1.04 M 2.90 2.46 2.69 2.53
07/23/02 2.14 M 2.54 1.95 2.51 2.08
07/24/02 1.31 M 2.00 1.70 1.96 1.86
07/25/02 2.12 M 2.15 1.76 1.85 1.879
07/26/02 1.4 M 1.98 1.55 1.92 1.60
07/29/02 1.13 M 1.94 1.65 1.75 1.84
07/30/02 1.59 M 2.20 1.82 2.02 2.20
07/31/02 905,956 2.26 2.05 2.25 2.05
08/01/02 750,100 2.19 1.90 2.10 2.00
08/02/02 664,031 2.14 1.92 2.02 1.96
08/05/02 880,684 1.96 1.75 1.90 1.779
08/06/02 677,875 1.907 1.65 1.84 1.66
08/07/02 624,100 1.89 1.70 1.83 1.71
08/08/02 561,174 1.80 1.65 1.79 1.78
08/09/02 304,539 1.88 1.78 1.83 1.80
08/12/02 1.56 M 2.15 1.81 1.95 2.07
08/13/02 3.87 M 2.25 1.26 2.11 1.32
08/14/02 10.12 M 1.02 0.68 0.96 0.76
08/15/02 9.03 M 1.56 0.70 0.71 1.44
08/16/02 2.87 M 1.50 1.20 1.47 1.22
08/19/02 1.93 M 1.22 1.00 1.15 1.10
08/20/02 1.49 M 1.26 1.09 1.12 1.2474
08/21/02 923,973 1.35 1.26 1.27 1.289
08/22/02 798,800 1.37 1.25 1.31 1.27
08/23/02 750,234 1.32 1.14 1.31 1.17
08/26/02 484,426 1.29 1.18 1.27 1.27
08/27/02 600,400 1.30 1.22 1.28 1.23
08/28/02 646,635 1.27 1.18 1.23 1.18
08/29/02 875,635 1.26 1.17 1.20 1.26
08/30/02 2.69 M 1.60 1.22 1.22 1.51
09/03/02 1.34 M 1.57 1.26 1.50 1.38
09/04/02 1.73 M 1.70 1.43 1.43 1.63
09/05/02 2.49 M 1.93 1.53 1.63 1.75
09/06/02 1.41 M 1.89 1.62 1.89 1.68
09/09/02 651,053 1.73 1.57 1.59 1.70
09/10/02 1.39 M 1.701 1.49 1.68 1.50
09/11/02 550,400 1.54 1.46 1.47 1.46
09/12/02 690,700 1.46 1.33 1.46 1.41
09/13/02 1.51 M 1.59 1.41 1.43 1.54
09/16/02 705,672 1.55 1.37 1.53 1.45
09/17/02 634,574 1.55 1.38 1.45 1.45
09/18/02 777,000 1.44 1.27 1.44 1.28
09/19/02 1.29 M 1.39 1.15 1.28 1.16
09/20/02 1.21 M 1.27 1.15 1.25 1.20
09/23/02 713,386 1.26 1.12 1.24 1.16
09/24/02 1.53 M 1.27 1.10 1.19 1.22
09/25/02 871,142 1.28 1.15 1.25 1.22
09/26/02 629,000 1.29 1.18 1.25 1.23
09/27/02 335,100 1.26 1.15 1.24 1.15
09/30/02 1.05 M 1.15 1.00 1.14 1.00
10/01/02 1.28 M 1.02 0.80 1.00 0.90
10/02/02 733,528 0.95 0.81 0.87 0.943
10/03/02 953,385 1.05 0.86 0.92 1.03
10/04/02 589,000 1.05 0.92 1.05 0.95
10/07/02 585,800 0.97 0.82 0.94 0.86
10/08/02 1.66 M 1.03 0.87 0.99 1.01
10/09/02 870,326 1.04 0.86 1.03 0.94
10/10/02 672,104 0.96 0.87 0.95 0.89
10/11/02 3.18 M 0.95 0.66 0.90 0.6877
10/14/02 1.75 M 0.839 0.72 0.75 0.82
10/15/02 1.72 M 0.88 0.71 0.85 0.76
10/16/02 1.21 M 0.85 0.71 0.76 0.84
10/17/02 7.56 M 1.44 0.75 0.87 1.32
10/18/02 15.41 M 1.06 0.78 1.04 0.89
10/21/02 5.59 M 0.86 0.75 0.86 0.77
10/22/02 3.18 M 0.77 0.68 0.77 0.69
10/23/02 2.11 M 0.74 0.66 0.67 0.7274
10/24/02 2.19 M 0.78 0.70 0.78 0.719
10/25/02 1.35 M 0.75 0.70 0.74 0.7499
10/28/02 2.31 M 0.83 0.75 0.77 0.79
10/29/02 2.76 M 0.85 0.78 0.82 0.80
10/30/02 1.76 M 0.83 0.80 0.81 0.82
10/31/02 2.91 M 0.92 0.81 0.82 0.909
11/01/02 2.14 M 1.00 0.90 0.91 0.99
11/04/02 3.97 M 1.19 1.01 1.06 1.06
11/05/02 2.1 M 1.13 1.04 1.09 1.12
11/06/02 2.39 M 1.17 1.09 1.16 1.11
11/07/02 1.59 M 1.12 1.00 1.12 1.01
11/08/02 1.69 M 1.05 0.91 1.02 0.94
11/11/02 1.31 M 0.94 0.85 0.94 0.87
11/12/02 1.43 M 0.92 0.85 0.90 0.92
11/13/02 1.07 M 0.92 0.87 0.92 0.89
11/14/02 2.99 M 0.92 0.79 0.91 0.82
11/15/02 6.22 M 0.89 0.66 0.71 0.88
11/18/02 2.5 M 0.90 0.78 0.89 0.82
11/19/02 1.28 M 0.85 0.78 0.80 0.82
11/20/02 1.84 M 0.84 0.76 0.82 0.80
11/21/02 1.07 M 0.82 0.76 0.79 0.77
11/22/02 1.87 M 0.79 0.72 0.77 0.75
11/25/02 2.74 M 0.84 0.75 0.76 0.84
11/26/02 5.52 M 0.98 0.85 0.86 0.90
11/27/02 1.73 M 0.92 0.82 0.92 0.86
11/29/02 799,931 0.87 0.81 0.82 0.86
12/02/02 1.4 M 0.91 0.81 0.86 0.85
12/03/02 2.76 M 0.85 0.79 0.85 0.799
12/04/02 1.32 M 0.80 0.75 0.80 0.78
12/05/02 2.98 M 0.85 0.75 0.78 0.81
12/06/02 821,576 0.81 0.76 0.80 0.79
12/09/02 2.11 M 0.78 0.72 0.76 0.72
12/10/02 1.79 M 0.75 0.71 0.72 0.73
12/11/02 2.67 M 0.73 0.70 0.73 0.72
12/12/02 1.65 M 0.72 0.67 0.71 0.68
12/13/02 2.25 M 0.71 0.65 0.71 0.661
12/16/02 1.45 M 0.67 0.61 0.66 0.63
12/17/02 1.78 M 0.64 0.55 0.63 0.58
12/18/02 1.38 M 0.58 0.54 0.57 0.54
12/19/02 3.61 M 0.65 0.53 0.61 0.58
12/20/02 2.41 M 0.59 0.53 0.58 0.54
12/23/02 3.67 M 0.57 0.53 0.56 0.54
12/24/02 1.49 M 0.58 0.53 0.54 0.541
12/26/02 1.39 M 0.55 0.50 0.53 0.52
12/27/02 4.06 M 0.60 0.46 0.51 0.60
12/30/02 2.29 M 0.60 0.50 0.60 0.56
12/31/02 4.24 M 0.65 0.56 0.56 0.64
01/02/03 2.25 M 0.65 0.60 0.64 0.61
01/03/03 1.17 M 0.61 0.58 0.61 0.60
01/06/03 1.62 M 0.64 0.59 0.60 0.629
01/07/03 6.43 M 0.85 0.61 0.62 0.82
01/08/03 5.56 M 0.88 0.74 0.82 0.761
01/09/03 4.43 M 0.81 0.72 0.79 0.78
01/10/03 1.78 M 0.84 0.77 0.81 0.81
01/13/03 1.49 M 0.84 0.78 0.81 0.79
01/14/03 23.92 M 1.29 0.79 0.79 1.26
01/15/03 40.59 M 1.62 1.10 1.25 1.37
01/16/03 12.42 M 1.44 1.20 1.32 1.25
01/17/03 9.18 M 1.24 1.10 1.14 1.17
01/21/03 6.86 M 1.25 1.15 1.17 1.18
01/22/03 15.07 M 1.42 1.181 1.181 1.268
01/23/03 8.64 M 1.44 1.26 1.27 1.30
01/24/03 4.77 M 1.33 1.22 1.32 1.27
01/27/03 5.11 M 1.25 1.07 1.23 1.09
01/28/03 11.08 M 1.10 0.94 1.09 1.06
01/29/03 3.46 M 1.05 0.95 1.03 1.03
01/30/03 5.89 M 1.19 1.02 1.03 1.12
01/31/03 5.83 M 1.24 1.14 1.19 1.16
02/03/03 3.44 M 1.25 1.10 1.25 1.11
02/04/03 3.21 M 1.12 1.01 1.12 1.03
02/05/03 6.34 M 1.03 0.93 1.03 0.95
02/06/03 5.41 M 0.96 0.85 0.96 0.86
02/07/03 3.3 M 0.952 0.88 0.92 0.90
02/10/03 3.03 M 0.97 0.898 0.91 0.91
02/11/03 2.79 M 0.933 0.84 0.91 0.88
02/12/03 2.94 M 0.88 0.81 0.88 0.819
02/13/03 4.02 M 0.83 0.73 0.819 0.74
02/14/03 3.13 M 0.76 0.72 0.74 0.76
02/18/03 11.66 M 1.00 0.87 0.95 0.93
02/19/03 5.76 M 0.95 0.85 0.93 0.85
02/20/03 4.18 M 0.92 0.84 0.85 0.88
02/21/03 4.47 M 0.92 0.87 0.91 0.88
02/24/03 3.15 M 0.93 0.87 0.90 0.88
02/25/03 7.06 M 0.89 0.81 0.89 0.84
02/26/03 4.94 M 0.84 0.75 0.84 0.78
02/27/03 7.81 M 0.82 0.76 0.78 0.77
02/28/03 6.72 M 0.79 0.74 0.78 0.76
03/03/03 4.1 M 0.81 0.77 0.79 0.80
03/04/03 10.01 M 0.81 0.709 0.80 0.7101
03/05/03 60.86 M 0.68 0.519 0.67 0.5301
03/06/03 53.02 M 0.603 0.476 0.56 0.49
03/07/03 31.24 M 0.50 0.47 0.50 0.475
03/10/03 46.91 M 0.54 0.49 0.53 0.495
03/11/03 33.05 M 0.51 0.44 0.50 0.45
03/12/03 19.7 M 0.47 0.40 0.46 0.41
03/13/03 46.19 M 0.44 0.40 0.41 0.42
03/14/03 23.48 M 0.45 0.389 0.42 0.41
03/17/03 47.77 M 0.491 0.40 0.41 0.44
03/18/03 42.58 M 0.47 0.44 0.46 0.45
03/19/03 74.32 M 0.54 0.44 0.47 0.53
03/20/03 89.4 M 0.64 0.56 0.58 0.59
03/21/03 83.34 M 0.65 0.56 0.6301 0.582
03/24/03 78.95 M 0.543 0.50 0.53 0.535
03/25/03 112.17 M 0.65 0.55 0.56 0.63
03/26/03 196.79 M 0.75 0.65 0.72 0.671
03/27/03 110.85 M 0.73 0.62 0.67 0.69
03/28/03 125.09 M 0.72 0.64 0.68 0.67
03/31/03 125.55 M 0.75 0.65 0.66 0.73
04/01/03 40.57 M 0.78 0.71 0.77 0.72
04/02/03 21.87 M 0.75 0.68 0.75 0.70
04/03/03 12.06 M 0.70 0.66 0.699 0.66
04/04/03 12.58 M 0.69 0.63 0.67 0.67
04/07/03 13.67 M 0.72 0.66 0.72 0.68
04/08/03 6.37 M 0.69 0.655 0.68 0.67
04/09/03 7.23 M 0.74 0.63 0.67 0.65
04/10/03 10.78 M 0.65 0.60 0.64 0.64
04/11/03 5.5 M 0.66 0.62 0.62 0.63
04/14/03 5.9 M 0.66 0.64 0.64 0.65
04/15/03 7.68 M 0.69 0.64 0.66 0.66
04/16/03 8.14 M 0.69 0.66 0.67 0.679
04/17/03 28.78 M 0.75 0.70 0.712 0.73
04/21/03 17.87 M 0.77 0.70 0.75 0.715
04/22/03 14.43 M 0.75 0.70 0.72 0.71
04/23/03 64.62 M 0.82 0.72 0.72 0.779
04/24/03 19.25 M 0.77 0.72 0.77 0.73
04/25/03 18.85 M 0.74 0.64 0.74 0.70
04/28/03 20.47 M 0.73 0.70 0.73 0.72
04/29/03 29.54 M 0.771 0.73 0.74 0.731
04/30/03 15.41 M 0.77 0.73 0.74 0.74
05/01/03 17.17 M 0.79 0.61 0.75 0.79
05/02/03 48.53 M 0.88 0.78 0.80 0.83
05/05/03 37.97 M 0.91 0.86 0.86 0.90
05/06/03 136.42 M 1.23 1.00 1.02 1.209
05/07/03 122.89 M 1.352 1.02 1.352 1.11
05/08/03 66.31 M 1.14 0.993 1.10 1.04
05/09/03 60.68 M 1.10 0.949 1.05 0.97
05/12/03 51.66 M 1.06 0.88 0.96 1.06
05/13/03 144.13 M 1.30 1.10 1.16 1.23
05/14/03 144.53 M 1.416 1.14 1.35 1.35
05/15/03 117.29 M 1.568 1.38 1.48 1.41
05/16/03 70.79 M 1.41 1.33 1.382 1.37
05/19/03 43.1 M 1.37 1.28 1.37 1.30
05/20/03 136.21 M 1.28 1.10 1.24 1.13
05/21/03 119.9 M 1.12 1.05 1.11 1.07
05/22/03 215.27 M 1.25 1.14 1.15 1.24
05/23/03 102.69 M 1.36 1.27 1.35 1.32
05/27/03 75.78 M 1.4201 1.31 1.34 1.39
05/28/03 91.64 M 1.46 1.38 1.44 1.39
05/29/03 59.18 M 1.43 1.32 1.41 1.35
05/30/03 133.44 M 1.60 1.45 1.50 1.60
06/02/03 274.65 M 2.11 1.70 1.83 1.95
06/03/03 254.9 M 2.37 2.02 2.17 2.35
06/04/03 266.24 M 2.393 2.036 2.09 2.09
06/05/03 221.96 M 2.21 1.95 1.988 2.06
06/06/03 95.18 M 2.25 2.00 2.249 2.15
06/09/03 78.28 M 2.191 2.05 2.16 2.05
06/10/03 89.8 M 2.12 1.96 2.12 2.02
06/11/03 77.87 M 2.11 1.99 2.08 2.05
06/12/03 61.06 M 2.09 1.99 2.08 2.01
06/13/03 141.22 M 2.00 1.798 1.97 1.85
06/16/03 142.45 M 1.86 1.64 1.80 1.78
06/17/03 96.77 M 1.97 1.81 1.82 1.92
06/18/03 50.7 M 1.97 1.88 1.96 1.89
06/19/03 61.19 M 1.92 1.77 1.91 1.80
06/20/03 50.02 M 1.85 1.72 1.83 1.73
06/23/03 90.84 M 1.84 1.61 1.759 1.78
06/24/03 65.2 M 1.77 1.68 1.74 1.70
06/25/03 43.7 M 1.77 1.65 1.69 1.66
06/26/03 70.68 M 1.70 1.60 1.67 1.61
06/27/03 51.31 M 1.71 1.63 1.66 1.66
06/30/03 49.18 M 1.74 1.64 1.73 1.69
07/01/03 53 M 1.71 1.60 1.68 1.70
07/02/03 50.3 M 1.78 1.68 1.71 1.775
07/03/03 48.76 M 1.85 1.72 1.75 1.844
07/07/03 63.51 M 1.92 1.76 1.88 1.76
07/08/03 37.11 M 1.81 1.71 1.759 1.77
07/09/03 35.15 M 1.88 1.77 1.81 1.84
07/10/03 40.89 M 1.845 1.79 1.83 1.82
07/11/03 24.72 M 1.85 1.80 1.84 1.82
07/14/03 32.97 M 1.87 1.80 1.84 1.81
07/15/03 26.82 M 1.84 1.755 1.82 1.777
07/16/03 28.44 M 1.82 1.73 1.80 1.74
07/17/03 35.08 M 1.73 1.65 1.71 1.67
07/18/03 24.4 M 1.71 1.638 1.68 1.705
07/21/03 17.01 M 1.72 1.65 1.70 1.68
07/22/03 26.91 M 1.70 1.66 1.69 1.67
07/23/03 21.87 M 1.68 1.61 1.67 1.63
07/24/03 18.99 M 1.69 1.63 1.66 1.65
07/25/03 12.08 M 1.66 1.6299 1.65 1.6313
07/28/03 66.82 M 1.89 1.62 1.64 1.89
07/29/03 53.48 M 1.94 1.80 1.928 1.81
07/30/03 37.51 M 1.83 1.73 1.80 1.77
07/31/03 19.93 M 1.84 1.77 1.81 1.78
08/01/03 21.93 M 1.83 1.78 1.81 1.806
08/04/03 57.24 M 1.95 1.84 1.85 1.92
08/05/03 102.25 M 2.06 1.90 1.95 1.95
08/06/03 88.84 M 1.87 1.70 1.78 1.709
08/07/03 133.75 M 1.71 1.40 1.67 1.53
08/08/03 38.85 M 1.68 1.55 1.55 1.62
08/11/03 16.31 M 1.71 1.638 1.67 1.66
08/12/03 33.04 M 1.72 1.64 1.67 1.70
08/13/03 18.84 M 1.71 1.65 1.69 1.671
08/14/03 22.88 M 1.685 1.63 1.669 1.65
08/15/03 5.48 M 1.68 1.62 1.64 1.64
08/18/03 22.13 M 1.66 1.60 1.66 1.6099
08/19/03 30.98 M 1.68 1.57 1.61 1.58
08/20/03 23.03 M 1.59 1.54 1.59 1.55
08/21/03 17.11 M 1.61 1.56 1.57 1.57
08/22/03 20.19 M 1.62 1.58 1.60 1.585
08/25/03 13.92 M 1.62 1.58 1.60 1.58
08/26/03 15.84 M 1.59 1.56 1.58 1.58
08/27/03 14.46 M 1.60 1.57 1.57 1.60
08/28/03 28.53 M 1.69 1.59 1.599 1.66
08/29/03 19.88 M 1.72 1.66 1.67 1.66
09/02/03 35.23 M 1.64 1.57 1.595 1.62
09/03/03 48.47 M 1.73 1.64 1.64 1.646
09/04/03 18.37 M 1.695 1.66 1.68 1.665
09/05/03 21.94 M 1.69 1.63 1.67 1.66
09/08/03 22 M 1.68 1.65 1.67 1.68
09/09/03 70.72 M 1.81 1.67 1.67 1.77
09/10/03 27.64 M 1.78 1.70 1.77 1.71
09/11/03 22.27 M 1.75 1.67 1.72 1.72
09/12/03 21.37 M 1.72 1.67 1.71 1.68
09/15/03 22.79 M 1.72 1.67 1.70 1.69
09/16/03 21.57 M 1.71 1.67 1.68 1.68
09/17/03 94.5 M 1.94 1.72 1.725 1.84
09/18/03 53.03 M 1.922 1.79 1.89 1.84
09/19/03 82.78 M 2.04 1.95 1.97 1.98
09/22/03 32.79 M 1.96 1.85 1.95 1.95
09/23/03 43.52 M 2.02 1.96 1.96 2.016
09/24/03 56.85 M 2.08 1.91 2.03 1.94
09/25/03 31.03 M 2.00 1.88 2.00 1.92
09/26/03 41.07 M 1.93 1.768 1.91 1.79
09/29/03 30.35 M 1.852 1.76 1.85 1.85
09/30/03 26.16 M 1.87 1.79 1.86 1.82
10/01/03 29.5 M 1.89 1.83 1.84 1.85
10/02/03 29.8 M 1.92 1.85 1.91 1.90
10/03/03 29.68 M 1.96 1.86 1.93 1.87
10/06/03 21.82 M 1.90 1.84 1.90 1.865
10/07/03 19.41 M 1.871 1.84 1.86 1.87
10/08/03 34.9 M 1.98 1.87 1.88 1.95
10/09/03 38.64 M 2.02 1.91 1.98 1.938
10/10/03 86.96 M 2.08 1.90 1.97 2.07
10/13/03 114.25 M 2.29 2.10 2.10 2.28
10/14/03 106.27 M 2.44 2.28 2.30 2.33
10/15/03 78.03 M 2.33 2.17 2.32 2.192
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Good thought. When we look at the actual transactions coinciding with those huge bid/asks (100K, 250K, 300K), they're 100, 500, 1000, 100, 100, 200...then the huge blocks just disappear once the momentum is stoned.
Burtbeck...I wonder...do you watch a RT board and L2? Even though you benefit, I'm curious if you think SIRI stock is being manipulated? Or do you think that activity I just described above is A OK?
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]