Attachment 1294
......
Printable View
Attachment 1294
......
Adding to core. Every time I attempt to trade I win and lose and come away flat... and generally it's win win win then lose it all that I just gained. I only play with $3k to $10k on trade stuff though so it's not a big deal really.
I bought last week when I said so I am all in. Earlier in the year I bought about a third position and later added to it by 50% and now I'm in completely. I had originally wanted to remain in cash but the most recent pullback was really good opportunity in my opinion.
We'll see if it was prudent to buy $3.16 vs. raise cash at $3.16 and look for $2.70 as was suggested in the drive-by by Midass. We're about to come up to the 200 which may offer some resistance, but it's my other scenario I was looking for... either go into the Q3 call at or near 4 THEN pull back or pull back before it and go into the Q3 call at or near 3.50 and possibly go from there.
It pulled from 3.65 to 3.14 quickly and can move just as quickly the other way from 3.65 again if the call is good and the market rips.
I guess it could tank also on a bad call. I will be SURPRISED if the call beats estimates, based on interest costs on the buyback loans (which are not a big deal but they do buffer earnings). But I don't think the call will be BAD.
Since LMCA will be SIRI mostly very soon, it won't matter what PRICE SIRI is when LMCA makes the offer. LMCA will track SIRI and they could offer a little more premium if SIRI were at recent highs in terms of a ratio and people would go ooooh, ahhhh... that values us at $4.50 !! A 7% premium to the current price plus we just had a huge run! OK! (what was it like 3% before?)
Anyways, watch for deviation in the share prices again before an offer. LMCA appreciates faster than SIRI then a ratio is offered which values SIRI at a premium based on current LMCA pricing... whereas if the offer was done today it might value them on parity or even with SIRI at a discount.
There are a lot of very stupid people out there and with a little fudging around they could move the prices to make things look like a very very good deal.
Regarding market as a whole, I dunno. Seeing some guys short here saying we are in a bear market. Some of them heavily short. Some were short way the hell down bottom (crazy... on what ? the Ebola non-issue?). Guy I respect most called bounce Wed last week and went heavily in. Far as I know he is still holding (he runs trades on a model, not emotion), and looking for those who initiated shorts last week to cave and flip, and those who sold out looking for lower to chase.
So anyways blah blah blah... I say we go into that Q3 call right on the 50 day line at 3.50 if I had to make a short term prediction. Who's with me?
Greetings from Naples, Florida everyone. Decided to take a lil vacation and come visit "Pops". First day here wasnt bad....mid 80's, golf, ice cold beer and siri up .05 @ 3.38!! Not too shabby guys, not too shabby. Hope everyone is doing good and things are looking good heading into cc....much better than a few week ago when we were in the 3-teens. Hope for another good day tomorrow my fellow siri longs!! :thumbup: :rain: :cheers:
Thanks for sharing your thoughts Faulkner. All in with a large position long. Keep watching Wolfie trading this dog and killing it. Thinking of flipping a few shares after the CC to learn a little. Also not experienced much with the options stragegies so I appreciate hearing your details on those as well
Sold my dryships position this morning at $2.19 ps with a total profit of $57k in 2 weeks! That is what happens when you step away from Sirius and out into the world! And as a fool, I have likely not learned a great lesson and am buying my way back into Sirius anticipating the great runup to the CC that may not happen. What the hell is wrong with me?
Nice hit bdp...congrats man!Quote:
Originally Posted by bdp.
12:00 , SIRI traded 3 Mil. shares so far, WTF ??
Um... It's Siri?Quote:
Originally Posted by njbones1
WHOOOO!!! Great move. I was SOOOO tempted to get into DRYS but I triggered a margin call for myself and didn't want to add to it with a non-marginable stock, so I played the Hell outta NFLX and made $9K.... so again, great job!Quote:
Originally Posted by bdp.
Today I am rebuying names that I sold yesterday. I can't see an event in Canada, as tragic as it is, having a lasting affect on our markets.
as usual GLTA
I saw a Joel Osteen/SXM tv commercial while I was at the gym yesterday
bpd
Nice move on dryships!!! I had thoughts about playing with drys myself...didnt pull the trigger!!
JS
What network?........did you think it was worth a damn..?Quote:
Originally Posted by Wolf Child
It was on FOX. I didn't hear it but I saw Joel preaching, a big Sirius Logo and $5.99mo.Quote:
Originally Posted by denco1
Definitely good ad placement imo
Also, maybe I'm sympathetic because this particular company is in my home town but I just started a position in YELP @60 and will apparently be adding on the way down :banghead:
Thanks! I was deeply into shipping stocks many years back and had a pretty extensive education going in so pulling the trigger was not exactly a total crap shoot. It definately helped take the sting out of the 1 year and counting Sirius "bend over and grab your ankles thank you sir may I have another" routine! But now I am all in on Sirius playing the runup to the CC. Hope luck holds out for everyone!Quote:
Originally Posted by just sirius
Lowest volume day of the year for SIRI?
Bizarre! Lowest volume I have seen since I have been riding this freak!Quote:
Originally Posted by Wolf Child
Looks like bets have been placed. All about earning/CC now.....I guess
Congrats, Wolf!....you the man!...Go Giants
EDIT:...all about earnings/cc/Liberty spinoff/Liberty intentions/announcements on OEM CVU deals/Osteen impact on subs if any/guidance/did I mention Liberty's agenda......
EDIT2: Would like to see Liberty's stake up over 58%
How does CAT pull strongest earnings from North America if growth is slowing?
And as if we were not busy enough at work... this storm has the phone ringing off the hook with people wanting generators installed. I don't even know if we'll be able to keep up. I can't find competent electricians and plumbers who aren't weeks out. Everyone is loaded with work and people are flush with cash.
Granted this is in the Northeast. Dunno how it is elsewhere... I think people are just in the habit of saying slowing growth or "in this economy" like it's bad. Feels like we're doing just fine.
...... thanks denco :thumbup:
7mil bought just before the close and 3.3mil after?...... allow me to raise the usual flag.
:bs: