Scalping SIRI

Anyone Scalping SIRI these days? It moves pretty well and you can load up insane amounts of shares.

I personally do a buy morn sell afternoon, but does anyone scalp it?

(P.S. I also own siri long term - this is not a push for the stock, just a question)
 
Quote from Epsilon:

Anyone Scalping SIRI these days? It moves pretty well and you can load up insane amounts of shares.

I personally do a buy morn sell afternoon, but does anyone scalp it?

(P.S. I also own siri long term - this is not a push for the stock, just a question)

Ur a prop firms dream.
 
what do you make monthly trading that cheap of a stock? i am curious do you trade if for lack of buying power or do you just like it? i am not trying to be a dick because i see it moved 50 cents.
 
Quote from brokerboy:

what do you make monthly trading that cheap of a stock? i am curious do you trade if for lack of buying power or do you just like it? i am not trying to be a dick because i see it moved 50 cents.

I dont primarily trade SIRI - as I mentioned - I currently buy in the morn and sell in the noon, when I think its going up. But I see that there MAY be some opportunity for scalping.
I like it because its cheap and thick and moves! (you can get in 10k shares @$35,000 no problem). I am still scared to actually scalp it so I buy a few thou in the morning.

I usually come out with a few hundred a day on SIRI, when I buy it (I never short it). Just asking if anyone else is scalping it.
 
I know some guys here at the office who trade very large in SIRI and make a lot of money.
This morning there seems to be something going on so I guess there will be some serious hits todays.....
 
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