I went with siri short at 4.40 and still holding anyone thing this will down trend into the 3's again?
LOL ... I have a friend who made thousands of dollars the last 2 yrs buying the dips .. and selling the rallies in SIRI ( he is not a daytrader ) needless to say he has no clue on taking a loss ... and thus is really taking a bath in the stock this yr ... hope you have a stop loss somewhere or risk management so if somehow SIRI rallies back up ubove $5 , $6 , $7 for him you won't be taken to the cleaners ordinarily I would wish you luck ... but then I am rooting for my friend to either take some off the table or for SIRI to go green for him ina big way
Are you serious! The $4-level is an old double-top from January & April 2004. You know the old saying: "What was once resistance should now be support for awhile". Consider covering your short-position at $4.01.