The Surf Report

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we are closing all longs here. taking profits from intial entries. the current channel on DJIA is 8303 to 8097. on NASDAQ 1403 to 1363. as always long above, short below and flat in the middle.

best,

surfer:)
 
Quote from glassinc:

Hey Dave,

Very Interesting, however I got to be the devils advocate & wonder?? With 77.3 mill shares outstanding, & only 71mill of float with just over 19mill short. This means that in the last 2 days of trading the entire float has changed hands over 4x. Since this indicates 2 me it's probably short covering & momentum trading. Of course maybe I'm totally missing something also, like new owners won't part with their shares!! :O)

The only thing I can say to you my friend, is when the music stops I hope you get a chair!


God Bless & Good Trading!!
GFtY! Kelly
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On 3/4/03 68% of the shareholders voted to approve the amendment and restatement of the company's certificate of incorporation to increase the authorized shares from 500million to 2.5 billion.
They will exchange $700 million debt for common and $516 million preffered for common and warrants and an additional injection of $200 million cash.....peace
 
Elcubano,

Thanks, somehow I overlooked that tidbit of news very important indeed. Lots of chairs left.

God Bless & Good Trading!
GFtY! Kelly
 
Mar 27 2003
1:36 PM XM Satellite reports Q4 results (XMSR) 5.80 -0.11: Reports Q4 (Dec) loss of $1.76 per share, $0.38 worse than the Multex consensus of ($1.38); revenues rose 1593.6% year/year to $9.0 mln vs the $9.2 mln consensus; co also announced it added 145,605 net subscribers during the qtr. Co expects to add 130k new subs in Q1 and reaffirms 2003 sub guidance of 1.2 mln. In addition, co will introduce a Family Plan in April, in which after the primary XM radio subscription, additional subscriptions will be reduced to $6.99 a month.

:D strange bird........look at her go. peace
 
Quote from marketsurfer:

SIRI is rocking !!!! holding here. thank you el cubano and glassinc. still flat the indexes.

best,

surfer:) :) :)
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Where did you sell the indexes?
 
Quote from iceman1:




yep.... love that line!
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Money never sleeps, iceman. When I came
in in '69, they traded six hours a
day, now the clock don't stop,
London's deregulated, the Orient is
hungrier than us. Just let the
money circle the world, sport,
buying and selling, and if you're
smart it comes back paying. I just
made $800,000 in Hong Kong gold.
It's been wired to you -- play with
it. You done good, but you gotta
keep doing good. I showed you how
the game works, now school's out.:cool: :cool: :cool: :cool:
 
Quote from GreenDog:





Money never sleeps, iceman. When I came
in in '69, they traded six hours a
day, now the clock don't stop,
London's deregulated, the Orient is
hungrier than us. Just let the
money circle the world, sport,
buying and selling, and if you're
smart it comes back paying. I just
made $800,000 in Hong Kong gold.
It's been wired to you -- play with
it. You done good, but you gotta
keep doing good. I showed you how
the game works, now school's out.:cool: :cool: :cool: :cool:
More...

You're dreamin' again. Wake up to harsh reality.
 
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