mogami_99

Analysts' Zero is the New 'Buy'

Hi, Interesting that someone would say stock had traded below .10 without also mentioning that it had gained nearly 100 percent since then. SP moving up 100 percent is usually news that analysts report

On Dec 16 09:28 PM sl62 wrote:

> bdp...
>
> I think there is way more here than meets the eye and will prove
> favorable somehow for shareholders who remain diligent. 0? You don't
> really believe this stock is going to 0 do you? If you do, that's
> fine but I don't. Most who do are generalizing only by what's in
> front of their face. They don't follow the stock every day like some
> of us. For example the stand at .14 today, mid-day. And witness 24/7
> Doug A-hole McIntyre...who confidently states in his recent smear
> that SIRI "has traded below .10". While this was true for one stray
> trade spike last week of .08, by no means is that indicitive of a
> legit bid/ask trading range. And (other than the first :30 of trading
> on 12/12 where they opened At .13.9 and recorded one other trade
> @ .134 coming out of a premarket mini-takedown) not only have they
> yet to bid/ask below .14 intraday, but have never closed below .14
> either. So Doug's an ass and because he's determined to prove he's
> right for the past year claiming SIRI would BK, he's compelled to
> look as far as his nose and say, hey look, it quacked, it's a duck".
> Duh. This is common with many "pundits" following SIRI. They all
> say the same boring mantra. Blah, blah, SIRI has 1.1B in debt due
> in 2009...good gosh, how will they get past THAT hurdle? Lions, tigers
> and bears, oh my. Or weakness in autos will hurt their subs...you
> know the same boring sh%t over and over again.
>
> Listen, I know a few things and one of them is: when enough people
> all wind up saying the same negative general thing over and over
> again ad nauseum, with nothing new ever to cite, you know it's not
> as bad as it looks and often there's a lack of intelligence at the
> root of it. SIRI is not Circuit City, not Charter, not AIG, not Fannie
> Mae, not the Tribune, not any of these. As you say, they are not
> a company that issues misleading press releases either (which shows
> they are not desperate). If anything, I think it means there is more
> going on than meets the eye. This company is approaching it's day
> of reckoning. We shall finally see what all of this has been about.
> I think more and more it has not all been in vain for those who remain.