Will SIRI crack like WEL?

is currently trading as if it has 4.5 million subscribers!

This is a number that most analysts do not expect to come about till 2007.

Buyer Beware!
 
Has/had good potential but god knows WTF they are doing right now.

Still almost no revenues, absurd costs, heavy advertising but no real results.

I figured by now they would have had something going on but guess not.
 
I love siri long term. Perhaps it has moved up a little to fast. Profit takers will come in, but the buyers will see a baragain and bid the price back up.

Only concern is the 3.7 Billion dollar market cap.

Fear of a reverse split.
 
Quote from gaj:

yes, SIRI has options...

(got puts this morning before the big breakdown, and shorted it twice during the day).

unfortunately, the spread on the ITM 5s has ranged from 10-20c for nearly the entire day.
More...

Ouch! hard to place any kind of butterfly with that spread! But the volatility is good. Maybe leg into a diagonal calendar spread...?
 
Quote from ertrader1:

Siri is finished and soon NGEN will be back to 8bucks....period
:cool:
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So far wrong on both counts. Not that it can't eventually happen.

Quote from ertrader1 "LOL.....ET stupidity allways puts a smile on my face......"
 
Tobin Smith from Bulls N Bears on Fox said that SIRI will be a $10 stock by the end of 2004. I agree. A few weeks ago he said that IMOS would double in 2004, well it doubled in less than 2 weeks after he said it.
 
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