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Thread: Q4 earnings are expected to be announced before market hours on February 23, 2009

  1. #1
    Siriusowner is offline
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    Q4 earnings are expected to be announced before market hours on February 23, 2009

    Well, the 2/17/09 debt issue is old news. 60% spike close to what I expected.

    Q4 earnings are expected to be announced before market hours on February 23, 2009 Estimates- High : -0.06 | Med: -0.066 | Low: -0.08

    Any one wants to take a bet ?

    I'd say they will be on the High side: -.06 perhaps -.05. If that is the case I expect the stock to trade in .15-.20 range before 2/23 and then spike to .22-.25

    ps: I spent close to $1,000 USD on SIRI today. Now I am the proud owner of 5200 shares & 8 naked calls. I sold 32 calls and 20 puts. I have an open order to sell another 20 calls.
    Not much, but like I said, I am quite conservative compared to you guys. I will see tomorrow if I spend another grand on SIRI and maybe another one Thursday and another Friday before the earnings. It will all depend on how I feel about it...

    ps: I am accumulating cheap Delphi debt also. They'll come out of BK...
    Last edited by Siriusowner; 02-17-2009 at 04:46 PM.

  2. #2
    JohnnyIrishXM is offline
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    i;m expecting -.05 to -.046....for Q4 and -03 for Q1 09

  3. #3
    m4svt is offline
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    how much did you make on the puts

  4. #4
    Koop is offline
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    Where did this info come from if you don't mind me asking...
    "Q4 earnings are expected to be announced before market hours on February 23, 2009"
    I cannot find any mention of a date specific yet.
    thanks,

  5. #5
    winagain35 is offline
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    Quote Originally Posted by Siriusowner View Post
    ps: I spent close to $1,000 USD on SIRI today. Now I am the proud owner of 5200 shares & 8 naked calls. I sold 32 calls and 20 puts. I have an open order to sell another 20 calls.
    SO - do you even know what a naked call is? This statement certainly implies that you don't. A hint - you don't OWN them... Naked calls are risky contracts that you write when you don't own the underlying equity. Now go google it and come back and act like you know more than everyone else.

  6. #6
    Siriusowner is offline
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    Quote Originally Posted by winagain35 View Post
    SO - do you even know what a naked call is? This statement certainly implies that you don't. A hint - you don't OWN them... Naked calls are risky contracts that you write when you don't own the underlying equity. Now go google it and come back and act like you know more than everyone else.
    Do you even know how many shares an equity option contract is ?

    Do you even know how much is 800 * $0.05 ? Do you know how far is $0.14 from $2.50 ? Exactly.

    Write them ,own them, whatever just a technicallity, you understood didn't ya ?. I own (bear or whatever) the risk.

    Why I chose 8 ? I was drunk I guess. Like right now.

    ps: I do know more than you and that is what counts. One on one....
    Last edited by Siriusowner; 02-18-2009 at 10:21 PM.

  7. #7
    m4svt is offline
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    Quote Originally Posted by Siriusowner View Post
    Do you even know how many shares an equity option contract is ?

    Do you even know how much is 800 * $0.05 ? Do you know how far is $0.14 from $2.50 ? Exactly.

    Write them ,own them, whatever just a technicallity, you understood didn't ya ?. I own (bear or whatever) the risk.

    Why I chose 8 ? I was drunk I guess. Like right now.

    ps: I do know more than you and that is what counts. One on one.
    people just have it out for you cause your anti-siri.

  8. #8
    Siriusowner is offline
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    Quote Originally Posted by Koop View Post
    Where did this info come from if you don't mind me asking...
    "Q4 earnings are expected to be announced before market hours on February 23, 2009"
    I cannot find any mention of a date specific yet.
    thanks,
    E*trade. I do not know if they have announced it anywhere else.

  9. #9
    Hughes is offline
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    I think we'll see an official PR sometime tomorrow about the earnings announcement.

  10. #10
    Siriusowner is offline
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    Quote Originally Posted by m4svt View Post
    people just have it out for you cause your anti-siri.
    OK, let me ask you something... I began posting on this forum 4 months ago, back then SIRI was trading above $1.00 and I started yelling, "do not buy, do not buy", was I right ? I NEVER told anyone to short the damn stock.

    Am I anti-siri ? or just a self-centered sarcastic republican son of a b...???

    Now the minute I switched to be a bullsih SIRI, I started missing my projections and making mistakes... and BTW, Demian, starts telling me that I am wrong !!! Of course I am wrong, I stupidily, jumped to the other side !!!

    No more, I am going back to my roots... whether I am called anti-siri or a jerk!! Hey, I make money on the other side, so who cares ?
    Last edited by Siriusowner; 02-18-2009 at 10:45 PM.

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