Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 20.35

+1.4%

Jan 30 9:30 AM EST

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To: Spreck who wrote (759)	1/3/2004 5:14:20 AM
From: Spreck	Read Replies (1) of 8420

What I really love about this excessive run up in the stock price is the excessive idle chatter --- “Folly” that comes from impassioned individuals. I am looking at the stock chart and the various aspects of it. Without being too specific about anything but the volume, that volume speaks all for itself. Three days running on increasing volume and price. Most would expect a pullback. And if in the past siri has given back all its gains maybe now the pattern will change. One observation I have made over time is that it takes a whole lot less volume to drive a stock down than it takes to run it up. All that being said, again where will the stock go from here. I sure am glad I am holding a stock that is going up on huge increases in volume and price than to own some stock going nowhere. Generally speaking stocks that move up like this are showing some type of support from not only traders. “Who then”? Might someone be buying this for an investment thinking of the future prospects? Hell who ever knows that answer. I just like being in a winning situation rather than getting beat again! Spreck

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