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Sirius XM Radio Inc. SIRI
Posted On: 10/22/2012 1:55:11 PM
Post# of 207
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Posted By: MaxShockeR

My SIRI POV - i agree i wouldn't be on the short side unless im playing simple PUTS in Options, but i wouldn't either at these levels because the only way SIRI is goiing is UPWARDS, i don't see this goiing lower then 2.80 / 2.74, ragardless of what indicators are telling us that some are showing SIRI is already at the highs, indicators are just that INDICATORS, it only INDICATES a potential next move the stock might do, but it doesn't count the FA's even tho im not a big FA trader mostly a Chartist (TA) and i rely a lot on PRICE ACTION that's #1 of all indicators or signals out there, besides of a Short Squeeze could occur when "Earnings" are released and the Buyback or the FCC News approval and Takeover is announced, this thing is gonna FLY, so all signals saying SELL will be crushed .. IMO


GLTA

$SIRI Long in Options














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