Well played!!Quote:
Originally Posted by dm_4
http://youtu.be/tnepPZChA5U
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Well played!!Quote:
Originally Posted by dm_4
http://youtu.be/tnepPZChA5U
You gotta hate these headlines and articles...
SiriusXM Tops 2014 Targets, but 2015 Guidance Comes Up Short
http://www.wsj.com/articles/siriusxm...ort-1420633678
Little man...headlines like that are good on days like today....allows siri to keep buying back shares on the cheap.....creates nice buying opps for long players and flippers. :)Quote:
Originally Posted by midas360
I personally held SIRI for approx. 5 to 7 years until last January after the Liberty announcement. IMO until we get complete clarity from Liberty on how it will (most likely) be combined/merged into LMCA I think the stock PPS will be stuck. As soon as this all sorted out I will be back in on SIRI. IMO, once a Liberty deal is finalized the stock will be "set free" and I think more aggressive plans will be announced by the company.Quote:
Originally Posted by Wolf Child
Saw Charlie D at a concert in Fla., can`t be beat. We sat for 1 hr. in the rain, when he finished show he said because we sat in the rain he will do another hour. Great guy.
I wonder what Frear had in mind when he said they want to keep some powder dry if a large acquisition opportunity were to present itself...... out of character for him. They're keeping an eye on something specific.
Good info thanks SF!Quote:
Originally Posted by Faulkner_SA
I am glad I don't own Sirius XM. Stock indices have been setting 52 week highs, record auto sales numbers, etc... and this stock can barely move. Then they come out and report that they hit their top end 2014 targets but their guidance comes up short. What a complete joke!!!!! :out: :mad: Awesome news lets take back yesterday's loss!!! YAHOOO!
Sorry to be so blunt. It's obvious reading between the lines on some of the comments that some of us feel the same about what is going on with SIRI. This stock never gets break. It's always someone or something keeping it from moving higher.
quit your whining donkey....Besides you don't want it to go higher...you are still waiting on 2.75 ;)Quote:
Originally Posted by midas360
To be honest... With rate hikes in the future and the world economy not looking good, $2.75 looks better each passing day, HOWEVER, I would love for it go to $4-$5+. Unfortunately, when you see the stock act like this when auto sales are doing fantastic and they had a great 2014, etc... it's frustrating as hell to watch. I really hope you stick with it and make a ton of money! I will say this... $2.75 print and I will be backing the truck up!
You're right about this...!!!!
Faulkner_SA;87347$3.40 for SIRI today is cheaper than $2.97 for SIRI in 2012.... just sayin' :money:
15 minutes
http://ir.libertymedia.com/events.cfm
Quote:
Originally Posted by Faulkner_SA
why is the donkey even bellyaching about siri....he owns no siri lol. Besides its not as tho we all here only own siri or trade siri. I would venture to guess we are all playing other stocks right now besides siri. If your frustrated with siri get over it.....we all know what the deal is right now with it. I have said it many times here that siri is not an easy stock to trade. So if you are trading it and cant stand the heat then get the hell out of the kitchen. If your not trading it and are investing in it then kick back and check back in a year or two. No big deal.
Frustrating as hell to watch?? good thing you don't have any skin in the game then. :DQuote:
Originally Posted by midas360
Hell man... that's a no brainer. I would be calling someone at Peter Lynch. :)
Quote:
Originally Posted by Faulkner_SA
Coming over to smack some sense into you. Great Opportunity there!! Fruit Cake maybe? j/k
Edit: or should I have said CENTS! :)
Quote:
Originally Posted by Faulkner_SA
As a long time market watcher, investor, and sports fan, I've never understood what "skin in the game" has to do with anything.Quote:
Originally Posted by dm_4
Can i not root for a Red Sox viictory unless i buy tickets to a game? And using the same sports analogy, I may WANT my team to win a championship, but based on the team they field i might EXPECT them to finish in the cellar. However bad they may be from season to season i always hope for the best, but my realistic expectations don't always agree. Why should stocks be any different?
Having said that, i'm neither surprised or discouraged by todays price action in light if the pre-announcement. How many times in the past 5 years has mgmt announced great numbers only to see the share price swoon?
Sure you can root for the Red Sox and as a life long Boston sports team fan myself i would love for you or anyone else to be on board rooting for the Redsox, Bruins, Celtics or Patriots! :) By the way the last 10 years or so its been a great ride for the above mentioned teams and i would be lying if i did not say i feel a little spoiled with all the championships they have won. Personally even if my teams are not a part of the game or main event, i have a tendency to root for the underdogs.Quote:
Originally Posted by KnowitALL
Although i find it a little disingenuous to believe you do not understand what "skin in the game" means i certainly will not fault you for it. I could fill the Library of Congress with the things I should know, but do not.
You say you may WANT your team to win a championship yet based on the team they field you might EXPECT them to lose. Nothing wrong with that statement but let me ask you this...regardless of what you WANT or EXPECT from your team, do you sit in front of the tv or worse yet buy a ticket, go to the venue and then root for your team to lose?? I highly doubt it. If you did i would argue you are then more screwed up than the donkey (midas) :) You root for your team to win because you are passionate about the team and you want to see them win not lose regardless of the outcome.
Now lets take it a step further. You said you were a watcher, investor, and sports fan. You did not say you were a bettor per se although you play options so to me that is a bettor. I like to wager occasionally on a few games here and there, Super Bowl, Kentucky Derby, etc. When i put 500 dollars on a/my team I then have "skin in the game". I certainly want my team to win A LOT more than not having a financial stake on the outcome. I actually enjoy watching a game with no money on it (that was not always the case), much less stressful, a lot more enjoyable and much easier to accept and deal with if the team i want to win loses. You ask why should stocks be any different??? There really is no difference. Instead of betting on the Red Sox, you decide to bet on stock ABC. You can bet on ABC to go higher or lower. Place your bet on ABC and hope it does what you want it to do so you can collect your winnings. Hopefully you have a better understanding of what "skin in the game" means...or at least what it means to me.
My point in my original comment is the donkey has no "skin in the game" yet he comes here where others do have "skin" and says thing like siri IS going to 2.75. today the donkey had several different posts bellyaching about how frustrating the stock is? How glad he is he does not own it? Yet says he hopes it goes to five dollars, yet in the next breath says i will back up the truck at 2.75. Say what????? :out: talk about passive/aggressive lol. If he wants to continue to be a passive/aggressive cheerleader with no "skin in the game" so be it. Since you like sports analogies what the donkey is doing is akin to showing up at say a Yankees/Red Sox game at Yankee Stadium and rooting for the Reds Sox surrounded by a bunch of drunk Yankees fans with skin on the Yankees. Smart? Nope...not at all!! Expect to get your ass kicked in for doing so?? Absolutely! I could go on and on....but i will not bore you any further.
Btw this weekend my Patriots are playing the Baltimore Ravens. I want my pats to win, I expect they will...but i also know the Ravens D is absolutely VICIOUS and is going to give our O-Line massive fits. Tommy Terrific could get injured in this one. Its going to be one hell of a game to watch and im looking to watch two very good teams go at it. Now one rule i learned early on is to always bet with your wallet, not with your heart. I will not be betting this game. However if i were to bet it, I would be inclined to take the Birds and the points :cheers:
EDIT: As far as you not being surprised or discouraged with today's price action....i absolutely agree 100 percent. Doesn't bother this "rookie" one bit...no pun intended.
Good point about the NOLS....a not so much discussed topic these days, but important as you pointed out. thanks.Quote:
Originally Posted by Faulkner_SA
[QUOTE=dm_4;87364]"Although i find it a little disingenuous to believe you do not understand what "skin in the game" means i certainly will not fault you for it. I could fill the Library of Congress with the things I should know, but do not."
"You say you may WANT your team to win a championship yet based on the team they field you might EXPECT them to lose. Nothing wrong with that statement but let me ask you this...regardless of what you WANT or EXPECT from your team, do you sit in front of the tv or worse yet buy a ticket, go to the venue and then root for your team to lose?? I highly doubt it. If you did i would argue you are then more screwed up than the donkey (midas) :) You root for your team to win because you are passionate about the team and you want to see them win not lose regardless of the outcome."
Please read again. I'm not saying I don't know what "skin in the game" means. Of course I do. What I said was I never understood what having skin in the game had to do with anything. Meaning, you can root for or against someone or something (or some stock) without having any personal stake in the outcome. And you can predict an outcome without necessarily wanting it to occur. It happens all the time.
I have an acquaintance who shares my interest in options. Every week he sells far out of the money (maybe $150 away from the market price) puts AND calls on the NDX that expire each Friday. I won't get into the specifics of his strategy here but his goal, of course, is for the NDX to settle somewhere between the two strike prices. We talk every week and even though it's not my money, and I have no skin in that game, I watch the NDX closely as the week progresses in order cheer him on and to see how he's doing. More times than I can count I've told him that he's setting his strikes too close and that he's gonna lose his shirt. Most of the time he's right and ends up out of the money and keeping the premium. But about 1 in 10 times I'm right and he's wrong and he gets his ass handed to him in a sack. But I take no pleasure in being right. It just is what it is. And when he proves me wrong I'm happy for him. I hate to see him lose money! So you see, I have no skin in the game and my prediction often is the opposite of my friend's, but I root for his success.
Since we all love sports so much, I'll provide another example. Last weekend the Ohio State Buckeyes played the Alabama Crimson Tide. I don't bet on games. I never attended Ohio State. I've never even been on campus but for some reason they are "my team" (my brother roots for Michigan so it's been a good year). Clearly I have No Skin In The Game other then just pure entertainment. But last weekend as I sat down to watch the Sugar Bowl with friends I predicted that Alabama would prevail. Why? I certainly didn't want them to beat OSU, but on paper at least I thought Bama seemed to be the better team and I didn't expect a third string QB to be able to withstand the pressure from what is arguably the nation's top college defense. Throughout the first half my prediction seemed to be coming true and with every busted play and every score against the Bucks I would utter "told ya so". However, as my team rallied, I cheered....I still didn't think they'd pull it off, but I hoped for the possibility. Even with the clock running out and my team ahead by a touchdown I was still saying "there's too much time on the clock, Bama is gonna pull this off". In the end I was proved wrong but my victory cheers were just as loud as those in the room who were positive all along that the Bucks would win.
Now, as long as we are talking sports I will say I enjoy college ball more than pro ball because there seems to be more sportsmanship. In the OSU/Bama game, even though they were opponents both the coaches and the players from both teams had complimentary things to say about the other team before and after the game. I hate trash talking and I see no place for it. I say "let your playing do the talking" - the scoreboard will tell the tale. I also see no need for trash talking here and won't be a part of it. If people here feel the need to validate their position by insulting or trash talking those that hold a different or opposite position then fine, that's their business, but I find it juvenile and pointless. Like I said in an earlier post, you can choose to be part of the problem or part of the solution. Going forward, my solution is to not legitimize insults or trash talking by responding or acknowledging such with a response of any kind.