Page 2 of 2 FirstFirst 12
Results 11 to 16 of 16

Thread: Siri Daily Thread 05-02-2013 BearLube Thursday

  1. #11
    blackops is offline
    Enthusiast
    blackops's Avatar
    Joined: Dec 2012 Posts: 112
    I like traderbating...

  2. #12
    just sirius is offline
    Mentor
    just sirius's Avatar
    Joined: Dec 2008 Location: San Antonio Posts: 1,180
    Well I did it...pulled the trigger on 1/2 my SXM at 3.33 early today...finger went into a spasm as I reached for the sell button!!

    If the dog drops below 3.20...I'll just have to go all in again and be happy with the extra 3k shares!!!

    Again...thanks for the TA gentlemen!!! As always...much appreciated!!

    JS
    PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG

  3. #13
    blackops is offline
    Enthusiast
    blackops's Avatar
    Joined: Dec 2012 Posts: 112
    I think we might in the short term....the nay sayers will say that 1 billion in new debt will sink us....I'm looking for a reentry point ...I think the debt will continue the buy backs

    Eric

  4. #14
    denco1 is online now
    Mentor
    denco1's Avatar
    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,534
    Well, the intentions are now a reality......but instead of 500 mn they priced 1BMN in 2 seperate 500 MN offerings due 2020 and 2023 at 4.25% and 4.635 respectively. This is unreal for SIRI and a BIG deal that doesn't seem to be drawing too much attention. Their revolving not a few months back was App. 6%.


    Sirius XM Prices Offerings Of $500 Million Of 4.25% Senior Notes Due 2020 And $500 Million of 4.625% Senior Notes Due 2023
    http://finance.yahoo.com/news/sirius...214400253.html

    Nice move JS....keep your eye on the ball....it moves quick.

    EDIT: Was hoping for another push today...oh well. Will be interesting to see where the 5 sma is tomorrow and if it is soft it should be tested and probably bounce unless the market takes a huge dump.

    EDIT2: Should be about 3.25 tomorrow and then go up a bit harder on Monday because it drops the 3.06 from the day before CC.
    Last edited by denco1; 05-02-2013 at 06:46 PM.

  5. #15
    denco1 is online now
    Mentor
    denco1's Avatar
    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,534
    Quote Originally Posted by blackops View Post
    I think we might in the short term....the nay sayers will say that 1 billion in new debt will sink us....I'm looking for a reentry point ...I think the debt will continue the buy backs

    Eric
    With Malone in charge this offering is now seen as much more secure to the note holders as seen by the rate. This to me is a real big deal going forward. They will possibly retire higher rate debt and continue aggressive buy backs.

  6. #16
    SiriusBuzz is offline
    Head Honcho
    SiriusBuzz's Avatar
    Joined: May 2007 Posts: 2,514
    Quote Originally Posted by blackops View Post
    I like traderbating...
    TY
    Charles LaRocca
    SiriusBuzz Founder

  7. Ad Fairy Senior Member
Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •