View Poll Results: Did you subscribe to SiriusXM before investing in SIRI?

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  • Yes, I was a subscriber before I was an investor.

    13 46.43%
  • No, but, I did subscribe after I made some cash with SIRI.

    9 32.14%
  • I have never been a subscriber, I just love the stock.

    6 21.43%
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Thread: SIRI Daily Thread - Wednesday 12/19

  1. #21
    midas360 is offline
    Senior Member
    midas360's Avatar
    Joined: Dec 2012 Location: Trading Pit Posts: 495
    The trade on the "street" is buying shares of Sirius XM and Selling December $3 Covered Calls against them for a quick buck.

    Quote Originally Posted by denco1 View Post
    No doubt-

    Never know with the MMs though. They could be setting us up for a bit further test of 2.85 support just to shake out a some weak hands. Making us think its safe in this area and then a quick takedown. I am a buyer at 2.93 though and lower if it happens.
    Stock Chat Room ---> http://us12.chatzy.com/66899682019021 :money:

  2. #22
    denco1 is offline
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,546
    Quote Originally Posted by midas360 View Post
    The trade on the "street" is buying shares of Sirius XM and Selling December $3 Covered Calls against them for a quick buck.
    Don't know much about options.....so just try to keep it simple, buy low and sell high.

    Been hearing stuff about triple witching and some possible volatility.

  3. #23
    midas360 is offline
    Senior Member
    midas360's Avatar
    Joined: Dec 2012 Location: Trading Pit Posts: 495
    One concern is this recent rise in the stock price and news was not priced into these options. I would suspect that Sirius XM will trade erratically on Friday. Monday, will be back to normal unless FCC news hits or Liberty says something.

    Quote Originally Posted by denco1 View Post
    Don't know much about options.....so just try to keep it simple, buy low and sell high.

    Been hearing stuff about triple witching and some possible volatility.
    Stock Chat Room ---> http://us12.chatzy.com/66899682019021 :money:

  4. #24

  5. #25
    brian65PLS is offline
    Pandora jumped 50 cents in the past two trading days and seems to be holding.
    I'll looked through the news for Pandora and didn't find anything to explain it.
    Anyone have thoughts/knowledge?

  6. #26
    sxminvestor is offline
    Quote Originally Posted by denco1 View Post
    The first day trading without Mel, seems weird.

  7. #27
    JohnnyBBQ is offline
    Member
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    Joined: Dec 2012 Posts: 39
    $1,300,000 salary, isn't that what Mel made per week?
    http://files.shareholder.com/downloa...13-12-6625.pdf

  8. #28
    Bravo863 is offline
    Quote Originally Posted by denco1 View Post

    Today is a good day in my eyes... Yes, Mel did get us up from .05 a share and kept us from BK, but he is the one that caused the price drop and even put BK on the table. Not to mention giving away 40% of the company. Good riddance

  9. #29
    denco1 is offline
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,546
    Quote Originally Posted by sxminvestor View Post
    The first day trading without Mel, seems weird.
    It is but good at the same time to get it behind us and move on.

  10. #30
    yoda4x4 is offline
    Enthusiast
    yoda4x4's Avatar
    Joined: Dec 2012 Location: NJ Posts: 103
    Quote Originally Posted by brian65PLS View Post
    Pandora jumped 50 cents in the past two trading days and seems to be holding.
    I'll looked through the news for Pandora and didn't find anything to explain it.
    Anyone have thoughts/knowledge?
    I'm no expert but I read somewhere that the reduction of the royalty rate won by SIRI could benefit P. That could be a reason for the jump.

    Quote Originally Posted by Bravo863 View Post
    Today is a good day in my eyes... Yes, Mel did get us up from .05 a share and kept us from BK, but he is the one that caused the price drop and even put BK on the table. Not to mention giving away 40% of the company. Good riddance
    Totally agree. I wasn't a Mel fan whatsoever.

    Hey Denco... how about those Cowboys? LOL

  11. Ad Fairy Senior Member
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