SIRI short anyone else?

Discussion in 'Stocks' started by stockguy10, Jun 10, 2006.

  1. I went with siri short at 4.40 and still holding anyone thing this will down trend into the 3's again?
  2. 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

  3. 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.