All of this "trash talk" 'bout shorting Siri= IF there was EVER a stock to "PUMP" as a very likely stock 2 short, it'd HAVE 2 B P,as it presently trades @ the 16-17dollar range!
Let's face it; ANY credibility that these ANAL ysts had, just vanished, when they criticized P @ 9-11$ per share, AND, R now giving it a "pass", instead of rating it as vastly OVERPRICED!!
It's STILL the same company that hasn't a chance of generating positive cash flow in the forseeable future= Is a possibility here, that P has been "over-inflated" so as to make the M+M Large $$ by shorting the daylights out of P.
Hate to "break the trend" on this mostly political message board, BUT, a brief moment 'bout stocks and their companies??!!!
Seeking Alpha, among other "Siri experts" have repeatedly referred to Pandora's business model as being "broken"= a company that's structured to lose more and more $$, as it expands. This is, of course, due to their overhead expenses related to "royalties'! A company doomed to failure!
Other so-called experts have made the exact same type of references to P as ready to self destruct, due to its inability to produce profits, A N D its vulnerability to the upcoming entrance of Google AND Apple into P'S world.
All this time the same experts have been making a likewise strong case 4 Siri's potential to increase substantially in value due primarily to its ever increasing revenues and nols and cost control.
BUT, P's S/V has grown 150% in the last few months, while Siri's, though increasing, STILL seems to B haunted by the very same manipulative trading practices that S/A insists, DON'T exist, (in the Siri Arena).
Bottom line here, is that S/A and the rest of the "experts have just totally "missed the boat" on P, and, R continuing to insist that Siri is NOT a stock that 's so easy 4 the M+M'S to makes millions off of on a weekly basis!
Always best 2 relize that these folks R working THEIR AGENDAS, and seem, at times, to B laying the bait 4 retailers to B taken advantage of(imo).
Yup= beginning to look more and more as if Siri's got THEIR man using HIS "devices" to keep the buyback-price" as low as possible!
Yup: the Groundhog syndrome continues= could make a movie 'bout how THIS stock goes thru the exact scam, after every earnings release= drains the "new $$" dry, thru SEC approved gimmick trading devices= best scam since matoff robbed everyone blind!
Over the last 3 "reporting periods" siri's total short-position has decreased by aprox. 35 mil. shares(in increments of 15, 10, + 10 mil). The "new #" will B released after today's close and, may quite well B another 10 mil reduction, which'll likely B pumped as a major move!
BUT, there's STILL, as of now, 378 mil outstanding shorted shares, and, though this ISN'T a large % of overall sh. count, it's still having a very significant effect on daily share movement!
Is siri s/v now about to begin an actual turnaround, OR, as it's appearing, merely beginning to renew its"ground-hog day" syndrome, whereby the hedge funds +/or M+M's use their tools (flash programs and naked shorting) to present yet another raping of the recently introduced "new $$" invested in Siri.
This well documented pattern has , by now, likely made, conservatively, hundreds of millions 4 those who R above the law( which, of course doesn't exist, when it comes 2 wall st.)!
Will Malone B able to do an end around and, keep Siri shares from being the M+M'S favorite daily atm, or, will he look the other way and ignore this, as Mel K so consistently did, ,that he gave the perception that he was actually a part of the scam!
Siri is about to "borrow" 500 mil. to buyback shares.
Liberty still has to re-coup 1.7 billion that THEY invested to get the majority ownership of Siri.
What we may see, in the near future, is Siri paying "top dollar" to Liberty, so that Liberty can get its investment back, AND, make a handsome profit, while doing so
Net result= Siri's accumulates debt to make a huge profit 4 Liberty, AND, an "overinflated" Siri share value.
M+M'S NOW have their excuse to rape Siri's share value and likely sink it into the 2.5 - 2.75 range= Missed the concensus by .01 ct, AND, IF they beat it by a penny, it'd not B worth THEIR attention, BUT, miss it by a penny, and they'll send Siri to the firing squad!
This stock gives illegal traders every possible excuse to rape its shareholders on a routine basis!
Does ANYONE here, want to address that Siri posted .02cts per share, rather than the expected .03cts per share? Perfume isn't going to make this skunk smell better= it's still a stinker!
Up until a few days ago, the analysts' concensus was .02cts per share 4 the qtr.
THEN, a couple days ago, they changed this 2cts to .03 cts per share.
Siri posts .02cts per share, and, thusly gives the street its needed excuse 2 continue 2 drag S/V D O W N!
Total farce= Siri consistently finds a way to #$%$ defeat from the jaws of victory= ALWAYS manages to give the M+M'S a "mis-information type" excuse to rape the S/V!
Same old S*&T. Nothing ever changes, here!!!!
Same thing that's 2 B made of the .09ct drop from after mkt close to p/mkt open= a/m closed @ 3.12; p/mkt opens @ 3.03.
'Course, this MAY B tied to Siri "missing .03 cts per share= posted .02 cts per share!!!!!!
Day BEFORE predicted, strong earnings, and it's STILL floundering???? Wonder what could possibly B holding this stock back, in such a predictable consistent manner???
D U H !!!!!!
Shorts R SOOO afraid of the potential strength of this coming Tuesday's Siri Quarterly report that they've unloaded SOOOOO many shares that the share price has dropped "all the way DOWN" to yesterday's close. Imagine that; it closed DOWN 2 cts yesterday, and hasn't gone to 3.15 but 4 a brief moment, today!
Yup, they're certainly"on the run, now"
N O T !!!!!!!!!!!
So, with ALL of the impending positives that Siri has going 4 it, the share value remains in a stagnated zone!!!!!???? Hell, THIS stock SHOULD B way higher, based on very strong auto sale, hundreds of millions of shares "bought back", AND, intro. of NEW equipt.that is BETTER than Pandora's offering! Yet, it's still basically "dragging down" its sector!
As always, THIS stock will perform as directed by a flash program and naked shorting= its performance continues 2 B a total "disconnect" from normal measuring metrics! STILL the M+M'S favorite, daily A T M !!!!!
WOW= Siri, NOW with ONLY 378,526,800 "shorted shares", outstanding, the S/V is "skyrocketing", just before earnings= imagine= only went DOWN 2 cts yesterday, so, THAT'S interpreted as a "strong" day 4 Sirius!!!!!!???????? Face it; in spite of all of the recent company positives, AND diverse pumping by some columnists, Siri remains the M+M'S favorute ATM, A N D, is STILL fully controlled by THEIR programmed flash trading and (now, apparently, legal) naked shorting. BUT, this has been the case with Siri since Mel K issued his so-called "toxic shares", 2 "save" H I S company from the effects of his shortsightedeness.
Things hav'nt changed an iota with this TOOL that the M+M'S use on a daily basis 2 relieve honest traders of their investment in siri stock!
Siri S/V stays stagnent, in what HAS 2 B considered a low trading range, with regard to all of the positives, and, the drum roll, S/A's C/N has the unmitagated kahunas 2 try 2 "make it clear", that this is legitimate, and, the stock's NOT being programmed to dance 2 the tune of the M+M'S!!!!
These folks must think that many of those who read this nonsense R gullible enough 2 actually believe it!
Good eg. of someone who's trying to make the point that Siri's impending high sub #'s, huge share buyback, AND new equip. intro., R all irrelevent to Siri's current S/V. Moreover, he's inferring that all of these R 2 B "taken lightly", as they R already "baked into the S/V" Wonder how much these folks depend on their "kickbacks" 2 earn a living!!!!!!!!