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Thread: Sirius XM March 2016 Thread

  1. #11
    user34615145 is offline
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    Getting out and moving on.

    Ya'll remember those $4 puts I sold on SIRI last December or so? Got $.08 for them. The contracts got assigned so my cb is $3.92 right? It's only a small position - 2000 shares but still, I'd like to think I could make at least a couple hundred $$$ without too much trouble on the almost $8k I have tied up.

    Well, I'm tired of waiting for this POS to do ANYTHING so I sold the June $4 Calls for $.10....if it gets assigned I will have made a whole $.18 on $4 in six months....that's a 9% annualized return for those keeping score. Big whoop.

    If this pig of a stock continues to wallow in the mud - which is entirely possible - and I don't get called away in June at $4, then I'll re-write the calls for Sept or Oct. or who knows? Maybe even December, and I'll try set the strike low enough that I might actually get called away and get my money out so I will able to do something meaningful with it.

    Too many other opportunities out there to have even a little bit of my money tied up any longer in John Malone's plaything.

  2. #12
    dm_4 is offline
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    Joined: Dec 2012 Location: Boston, Ma Posts: 2,750
    BOOM...just sold that10k I bought 2 hrs ago at 3.78...and thats how you do it! Pure instinct baby

  3. #13
    dm_4 is offline
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    Come on $2.75!!!!

  4. #14
    dm_4 is offline
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    Ironic how the cockroaches in this room will scream out about all the negatives when the stock is dropping. The roaches talk about sub prime car loans, higher interest rates lower SAAR, etc. They will talk about how they covered their short position all the way from above four down to low 3's lol. Yet you never hear or see them post anything positive when the stock does a u turn on a dime and starts heading higher.

    Well....feast on this roaches.

    Ford (F) Stock Jumps, U.S. February Sales Up 20.4%

    "We believe the company will continue to benefit from lower interest rates and gasoline prices in the coming months," Peltier added.


    http://www.thestreet.com/story/13478...o&cm_ven=YAHOO

  5. #15
    dm_4 is offline
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    Joined: Dec 2012 Location: Boston, Ma Posts: 2,750
    Quote Originally Posted by user34615145 View Post
    Ya'll remember those $4 puts I sold on SIRI last December or so? Got $.08 for them. The contracts got assigned so my cb is $3.92 right? It's only a small position - 2000 shares but still, I'd like to think I could make at least a couple hundred $$$ without too much trouble on the almost $8k I have tied up.

    Well, I'm tired of waiting for this POS to do ANYTHING so I sold the June $4 Calls for $.10....if it gets assigned I will have made a whole $.18 on $4 in six months....that's a 9% annualized return for those keeping score. Big whoop.

    If this pig of a stock continues to wallow in the mud - which is entirely possible - and I don't get called away in June at $4, then I'll re-write the calls for Sept or Oct. or who knows? Maybe even December, and I'll try set the strike low enough that I might actually get called away and get my money out so I will able to do something meaningful with it.

    Too many other opportunities out there to have even a little bit of my money tied up any longer in John Malone's plaything.
    If you cant make money trading this stock...you have serious issues and probably don't belong here.

  6. #16
    MUSCLE13 is offline
    Quote Originally Posted by dm_4 View Post
    If you cant make money trading this stock...you have serious issues and probably don't belong here.
    I see you are arguing with, and insulting your own aliases again, Brandon. You need a new idea

    Maffei speaks in 10 minutes at the media conference. Frear speaks in 2 hours. Should be interesting.....

  7. #17
    dm_4 is offline
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    Quote Originally Posted by MUSCLE13 View Post
    I see you are arguing with, and insulting your own aliases again, Brandon. You need a new idea

    Maffei speaks in 10 minutes at the media conference. Frear speaks in 2 hours. Should be interesting.....
    STFU you Tranny lover.

    Instead of feasting on Trannies....why don't you feast on this...

    US auto sales are crushing expectations

    http://finance.yahoo.com/news/live-a...122642246.html

  8. #18
    dm_4 is offline
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    Another 10k shares right at the close 3.76 bitches!

  9. #19
    dm_4 is offline
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    Joined: Dec 2012 Location: Boston, Ma Posts: 2,750
    Just sold my 3.76's that i bought at the close yesterday at 3.79...10k shares. Like shooting fish in a barrel people. Don't get any better.

  10. #20
    Raptor is offline
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    Joined: Apr 2014 Posts: 61

    Long and strong

    Quote Originally Posted by dm_4 View Post
    Just sold my 3.76's that i bought at the close yesterday at 3.79...10k shares. Like shooting fish in a barrel people. Don't get any better.
    These six figure rides are fun as long as the fundamentals keep improving. Not moving off my shares any time soon!

  11. Ad Fairy Senior Member
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