# People With Money In the Market **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [January 19, 2008, 7:32am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103 "2008-01-19T07:32:52Z")\ **Posts on this page:** 20\ **Page:** 13
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 29, 2008, 1:31pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/241 "2008-07-29T13:31:51Z")
> [@Joe](#): > > wow, sirius in the shitter again today. Poor drew. > > Z, did you get out yesterday or are you taking the beating too? This is what I get for holding something this long that I have know I needed to ditch many times over. I even had a good opportunity last week and didnt sell. What a fucking joke. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [July 29, 2008, 1:34pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/242 "2008-07-29T13:34:08Z")
I need to profit take on wild wings at some point but it was up another 6.x% today on 2Q results. 140% since purchase. Hard to jump off the wagon. ---
**Author:** ![Z\_PHAT\_Z](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/z_phat_z/32/7293_2.png) [@Z\_PHAT\_Z](https://forums.speedlife.net/u/Z_PHAT_Z)\ **Post date:** [July 29, 2008, 1:39pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/243 "2008-07-29T13:39:12Z")
I took the beating. I didn’t get out in time. So sicked to my stomach right now ☹ It’s such a messed up market. Everybody expects a little pop with the meger, but instead a dud. I don’t know what to do with it now. Just holding on to it and see what’s going on. Hopefully after 2Q release with some good news and the price goes up a bit where I can take the lost. > [@Joe](#): > > wow, sirius in the shitter again today. Poor drew. > > Z, did you get out yesterday or are you taking the beating too? ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [July 29, 2008, 1:40pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/244 "2008-07-29T13:40:31Z")
well they’re going to release new shares at $1.50, so they just diluted the hell out of their existing ones, at least until they’re out. ---
**Author:** ![Z\_PHAT\_Z](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/z_phat_z/32/7293_2.png) [@Z\_PHAT\_Z](https://forums.speedlife.net/u/Z_PHAT_Z)\ **Post date:** [July 29, 2008, 1:49pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/245 "2008-07-29T13:49:50Z")
> [@Joe](#): > > well they’re going to release new shares at $1.50, so they just diluted the hell out of their existing ones, at least until they’re out. It’s not really diluting the shares, because the 2 financial institute still have to return the shares. Hopefully those 2 will do something to make the price goes up so they can have profit in their investments. That’s the reason SIRI open at $1.50 this morning. Don’t know how long it’s going to recover to $2.xx . ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 29, 2008, 1:51pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/246 "2008-07-29T13:51:32Z")
> [@Z PHAT Z](#): > > I took the beating. I didn’t get out in time. So sicked to my stomach right now ☹ It’s such a messed up market. Everybody expects a little pop with the meger, but instead a dud. I don’t know what to do with it now. Just holding on to it and see what’s going on. Hopefully after 2Q release with some good news and the price goes up a bit where I can take the lost. HAHA this move has tanked a good year of investing for me its actually quite funny. I told my dad that every time you lose money you generally learn a lesson. With SIRI I went against everything I say to do with a stock so this is what I get. > [@Joe](#): > > well they’re going to release new shares at $1.50, so they just diluted the hell out of their existing ones, at least until they’re out. Yea great this is what I get for sleeping in. With the market moving the way it was today I would have bailed and tried to make some back. Oh well I will make it back I guess. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 29, 2008, 2:58pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/247 "2008-07-29T14:58:13Z")
So JOE once i am poor you are going to let me move in right? I will let you point but if you want to laugh/kick you will be required to pay me as well. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [July 29, 2008, 3:01pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/248 "2008-07-29T15:01:45Z")
You can move in my basement. I feel a point in a downward direction would be sufficient. The stereo down there even has XM. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 29, 2008, 3:10pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/249 "2008-07-29T15:10:48Z")
> [@Joe](#): > > You can move in my basement. I feel a point in a downward direction would be sufficient. The stereo down there even has XM. HAHA thanks Joe you are such a great guy. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 30, 2008, 6:43am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/250 "2008-07-30T06:43:59Z")
If you want to move it then move it you pussy. PS I can not believe I lost money on WM last week hahahaha and to buy more SIRI hahahahahahahaha. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [July 30, 2008, 6:45am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/251 "2008-07-30T06:45:52Z")
Tried to…they would only sell me 100 shares so far… ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 30, 2008, 6:47am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/252 "2008-07-30T06:47:17Z")
> [@Joe](#): > > Tried to…they would only sell me 100 shares so far… I just freed up 3K but I have been burning myself bad with unthoughtful erratic trades so I might sit today out. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [July 30, 2008, 6:48am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/253 "2008-07-30T06:48:39Z")
ive been looking into that stock since you mentioned it, i really dont see it going lower than maybe 95 cents…but who knows with this market. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 30, 2008, 6:49am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/254 "2008-07-30T06:49:49Z")
> [@Joe](#): > > ive been looking into that stock since you mentioned it, i really dont see it going lower than maybe 95 cents…but who knows with this market. Well if they get a large investor back it will go over $2 again I think. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [July 30, 2008, 6:52am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/255 "2008-07-30T06:52:18Z")
yeah it jumped 10 cents on a decent sized trade last week…i think you were sleeping. If a fund or something gets in could be a quick profit. by the way i hate Yahoo. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [July 30, 2008, 7:03am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/256 "2008-07-30T07:03:02Z")
> [@Joe](#): > > yeah it jumped 10 cents on a decent sized trade last week…i think you were sleeping. If a fund or something gets in could be a quick profit. by the way i hate Yahoo. I hate to say it especially since it has already burned me worse then a FREE hooker. But SIRI has to be oversold right now. Their CEO was just on TV and actually scoffed at the stock price lol. PS Lcc is on the move hard and if oil goes any lower it is going to keep flying. Too much risk for me right now though. ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [July 30, 2008, 8:20am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/257 "2008-07-30T08:20:47Z")
> [@Z PHAT Z](#): > > I took the beating. I didn’t get out in time. So sicked to my stomach right now ☹ It’s such a messed up market. Everybody expects a little pop with the meger, but instead a dud. I don’t know what to do with it now. Just holding on to it and see what’s going on. Hopefully after 2Q release with some good news and the price goes up a bit where I can take the lost. I remember hearing back in March how they were possibly merging. Then I did some research and saw that the merger was something like 700 days past the date it originally was supposed to take place. I thought that I “missed out” when I learned that the merger was approved, glad I did. Not trying to make you feel any worse, sorry if I did. yeah, i thought that this merger would have given SIRI a bit of a bump, I guess I really don’t know jack. ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [July 30, 2008, 8:22am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/258 "2008-07-30T08:22:03Z")
> [@Joe](#): > > I need to profit take on wild wings at some point but it was up another 6.x% today on 2Q results. 140% since purchase. Hard to jump off the wagon. Why would pull out of something that is returning 140% since you bought it? I’d be dumping more into it. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [July 30, 2008, 8:24am UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/259 "2008-07-30T08:24:31Z")
buy low, sell high. 166% now. ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [July 31, 2008, 1:08pm UTC](https://forums.speedlife.net/t/people-with-money-in-the-market/42103/260 "2008-07-31T13:08:25Z")
Wow, the gains I saw on Tuesday and Wednesday were pretty much cut in half today. I guess it is not all bad, I have not lost any actual money, just gave back some of the gains. [Previous page](https://forums.speedlife.net/t/people-with-money-in-the-market/42103.md?page=12) [Next page](https://forums.speedlife.net/t/people-with-money-in-the-market/42103.md?page=14)