I like traderbating...
I like traderbating...
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
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
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%.
http://finance.yahoo.com/news/sirius...214400253.htmlSirius XM Prices Offerings Of $500 Million Of 4.25% Senior Notes Due 2020 And $500 Million of 4.625% Senior Notes Due 2023
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.
Charles LaRocca
SiriusBuzz Founder