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  1. sxminvestor is offline
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    12-18-2012, 01:30 PM #41
    Always tread very cautiously in the short-term on upgrades, especially from GS. I can't tell you the numbers of times they have sold into their recommendations and I don't forget how they walked Sirius down to .25 back in 2008 and destroyed us single handidly.

  2. Bravo863 is offline
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    12-18-2012, 01:42 PM #42
    Quote Originally Posted by sxminvestor View Post
    Always tread very cautiously in the short-term on upgrades, especially from GS. I can't tell you the numbers of times they have sold into their recommendations and I don't forget how they walked Sirius down to .25 back in 2008 and destroyed us single handidly.
    I don't trust GS either, but anytime that they want to give siri a buy rating, i'll take it...

  3. Redcloud is offline
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    12-18-2012, 01:43 PM #43
    Here we go. Time to dust off the Pom-Poms

  4. Hillbilly is offline
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    12-18-2012, 01:48 PM #44
    not going to get too verbose -- just a quick note -- 50/50 on whether I'm surprised by the GS 'buy/20%' mention.


    we're at a whole number - the HF algorithms like whole numbers - it's a play off of psychology. they can (and do) run an equity 20% on the drop of a hat - just the same, it can (and does) go the other way.

    relative to SIRI - what's 20%? $3.60 or $2.40?

    anyway...have a nice day folks.

  5. RICK K. is offline
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    12-18-2012, 02:03 PM #45
    Just wondering if anyone saw this earlier today from Fly on the wall---Nice to be here all--Known as RKoreyva one another forum.

    Sirius XM recommended as top large cap idea for 2013 at Piper Jaffray

  6. denco1 is offline
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 2,056
    12-18-2012, 02:07 PM #46
    Quote Originally Posted by RICK K. View Post
    Just wondering if anyone saw this earlier today from Fly on the wall---Nice to be here all--Known as RKoreyva one another forum.

    Sirius XM recommended as top large cap idea for 2013 at Piper Jaffray
    What's up RKO!!

    I had not seen that from Piper J.....could always count on your for FLYONTHEWALL info. Thanks man!!

  7. mcoulter is offline
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    12-18-2012, 02:19 PM #47
    In times of looking for direction I like to watch the money flow -- it is +40M today --- until that starts having red days I think we keep moving up

  8. midas360 is offline
    12-18-2012, 02:25 PM #48
    MC... that is the trade going around. Buy SIRI shares at current price, sell Dec $3 Calls against those shares for $3. You either get called and make money or reduce your cost basis on the shares.

    Quote Originally Posted by mcoulter View Post
    still have a gap, options exp on Friday, guessing we don't close at 2.99 --- maybe 2.90? maybe 3.10????
    I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT

  9. Limit5Bass is offline
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    12-18-2012, 02:47 PM #49
    hey now rk! welcome on your journey over here...
    Quote Originally Posted by RICK K. View Post
    Just wondering if anyone saw this earlier today from Fly on the wall---Nice to be here all--Known as RKoreyva one another forum.

    Sirius XM recommended as top large cap idea for 2013 at Piper Jaffray

  10. G4504 is offline
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    Joined: Dec 2012 Posts: 8
    12-18-2012, 04:09 PM #50
    What is everyone's plan? Are you selling, buying, holding? I am going to hold at this point after the Goldman Sachs news. When they issue a price target, the market tends to follow.

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