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  1. midas360 is offline
    08-18-2014, 10:47 AM #91
    1 option contract = 100 shares

    9400 contracts x 100 shares = 940,000 shares.

    That is if I am reading your question correctly.
    I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT

  2. SlapShot27 is offline
    Senior Member
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    Joined: Dec 2012 Posts: 307
    08-18-2014, 12:00 PM #92
    @brian65PLS

    If you are interested in KEEPING the shares until you can come up with the cash to eliminate the margin loan, I think (I THINK) margin interest offsets capital gains- from a tax perspective. I only mention this as it makes "paying" the margin interest more palatable. Check with Steiny or your tax professional before acting. I am NOT a tax professional (nor did I sleep at a Holiday Inn last night) so my advice is not to be relied on as pure fact.

  3. Wolf Child is offline
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    Joined: Mar 2009 Posts: 887
    08-18-2014, 01:08 PM #93
    .......

  4. SlapShot27 is offline
    Senior Member
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    Joined: Dec 2012 Posts: 307
    08-18-2014, 01:14 PM #94
    Quote Originally Posted by Wolf Child View Post
    .......
    +100!!!!!!!!!!!!!!!!!

  5. brian65PLS is offline
    Member
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    Joined: Dec 2012 Posts: 63
    08-19-2014, 12:14 PM #95
    everything turned out fine. Shares sold at 56 cents rather than Friday's close of 55 cents. Made hundreds and learned a valuable lesson.

  6. Faulkner_SA is offline
    Enthusiast
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    Joined: Feb 2013 Posts: 223
    08-19-2014, 11:19 PM #96
    If someone were to offer me a bet whether or not SIRI would break up tomorrow I would wager yes.

    Because : yes.

    Done staring at the charts.

  7. denco1 is offline
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 2,056
    08-20-2014, 10:08 AM #97
    Golden cross on LMCA today

    Golden cross about 4 trading days away for SIRI if we can hold in the 3.50s

  8. dm_4 is offline
    Guru
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    Joined: Dec 2012 Location: Boston, Ma Posts: 3,029
    08-20-2014, 12:16 PM #98
    volume sux today

    SF i hope no one made you that offer.

  9. Faulkner_SA is offline
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    Joined: Feb 2013 Posts: 223
    08-20-2014, 12:30 PM #99
    I dunno man it's up $0.005 ! Forgot about the stupid Fed minutes today. Locking everything.

  10. Faulkner_SA is offline
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    Joined: Feb 2013 Posts: 223
    08-20-2014, 12:39 PM #100
    I will say the longer it drags on low volume sideways at highs like this the more I like it. Just pulls all those averages up.

    20 day breaches 200 tomorrow. 50 shortly after.

    The whole thing is setting up for a 1, 2, 3, 4... and on and on punch.

    Still feel like we need to see a debt issuance announcement to indicate the third $2 bil is locked in and ready to go.

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