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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 20.90-0.4%Nov 26 3:59 PM EST

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To: Sirius_Rich who wrote (1508)12/26/2004 12:30:26 PM
From: rrufff  Read Replies (1) of 8420
 
Great posts and thanks for bringing balance here. Also VENDIT, great technical analysis. I'm not particularly bullish here and I will be curious as to how your analysis plays out. You've given a great example of how someone could have played moves and seen them coming. If history follows these patterns, one should be very bullish on SIRI.

The XMSR tout is in love with his stock. He fails to realize that both XMSR and SIRI are selling on hype, for better or worse. Both are losing tons of money and bulls on either should realize this and be banking on the future, or, as I do, trade on hype runs.

XMSR is dead in the water as far as hype goes and SIRI is just beginning. No way I even trade XMSR and I sure would not want to be a long term "investor" of XMSR.

The XMSR tout is here to counter anything positive or objective with respect to SIRI if he feels that it somehow takes away from the stock he is love with, XMSR. Notice how he calls names whenever someone challenges him. Notice how his ad hominem attacks really could be turned around and posted to him. He is, or at least has not denied, being Frontmed, a poster who spams message boards trying to get others to buy XMSR and to sell SIRI. He may even be paid to do this. His life seems to be obsessed with XMSR and I'd feel better if he were actually paid. But let him admit it.

He clearly is an example of a "little knowledge being dangerous." He is knowledgeable as far as the basics of filings and industry mechanics. He is woefully ignorant as to how the market works and bases for a movement in a hyped stock and both XMSR and SIRI are hyped stocks, again, for better or worse.
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