SIRI

CardMinger · #1 01-19-2005, 06:00 PM

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?

greg nice · #2 01-19-2005, 11:22 PM

SIRI is always a good short

RollaJ · #3 01-20-2005, 11:57 AM

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]