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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Thursday, February 25, 2010

SIRI


Sirius - XM beat the street reporting earnings this morning and incresed their forecast projections for the remainder of the year. In pre-market trading the stock is virtually unchanged at $1.10.

Look for a "shakeout" move on selling the news. This may be the opportunity to add to your long position.

Remember a break of $1 and all long bets are off.

As I'm posting this the market opened and you are seeing the daily range as of 9:35 am.


For the Web's best interactive charts, please visit http://www.Prophet.Net

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