Two Plus Two Older Archives

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- The Stock Market (http://archives2.twoplustwo.com/forumdisplay.php?f=28)

- - SIRI (http://archives2.twoplustwo.com/showthread.php?t=180082)

SIRI Took a big hit today....I noticed that the RSI is nearing an alltime low and about to duck the 30 mark.

What do you guys think....good buy today at $5.81?

SIRI is always a good short

SIRI is all f***ed up..... not sure why. Happily I sold calls against my position which has eased the pain mostly, but it still sucks. I sold Mar 7.5 calls @ 120 each when stock was at 7.18 so my "break-even" vs. having just sold the stock is $6. So I am still hoping for a rebound. At this point though, I am just sitting tight. I bought in at $4.02 orig -1.20 for the options gives me an adj cost of $2.82 so Im still looking good, but Id be looking a whole lot better with stock at $7 [img]/images/graemlins/tongue.gif[/img]