SIRI Monthly Thread July 2015

3 Big questions are 1) Will they include the settlement cost or not. 2) Did they conclude the current share buy back 3) What is the tax rate % going forward

I believe SF posted not long ago he believes the charge will show up q3. I am not so sure. My thought is they take the charge q2 to create some negative headlines to keep the price in check. In a perfect world would love to see no creative accounting tactics that hinder the cc in a negative way, report blowout earnings and see the stock run easy at least 10/15%....and sell a nice chunk but not holding my breath.

I wonder if maybe they split the charge.....take half the hit q2, the other half q3?

this is the highest we have been in a long time going into a earnings....and the volume today very good!

Barron's article just out....Sirius XM a Sole Sector Winner

http://online.barrons.com/articles/s...ner-1437666428


Anyone Subscribe??

Double the avg. vol with an hour to go

hopefully we don't sell off within days of the cc like we did last time around.

Nice...i believe we closed at the high of the day 3.89 and hit 3.90 in after hours already.

Ohhhhhhhhhhhhhhhhhhhhhhhhh Dirrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrtbag where o where are you Dirrrrrrrrrrrrrrrtbag? :)

AutoNation: U.S. Car Sales to Top 17M, a 14-Year High

http://www.foxbusiness.com/industrie...-14-year-high/

Quote:

---

Originally Posted by Faulkner_SA

50 day SMA needs to scoop SIRI here. Closed on it.

Holding AAPL calls overnight. Almost attempted to trade them but almost doesn't count :P Wouldn't have made much on the trade anyways. Too much premium built into the volatility expected around the call.

---

Brother, I hope you got out of those calls!

Quote:

---

Originally Posted by Faulkner_SA

The calls I bought going into earnings I sold today for 3 cents each. Like $100. Figure it a full loss.

Fighting to get it back luckily I made a good trade yesterday buying AAPL calls at open but not quite enough. I've made 70% of it back (2 trades yesterday 1 today). Would have made it all back and then some but now I'm skittish and I sold the $125's I picked up today for 82 cents for 96 cents instead of holding for about $1.20 so I missed out on about $7k with that move and only picked up about $4k.

Figures I pick the 1 stock that "beats" yet craters after earnings and doesn't recover. Everything else flying high!


Re: Siri still think charge is taken Q3. It's doing what it should if it is going to set up a C+H break. Needs news to break $4... and good if we go into the call near $4.

---

Sorry to hear that but it sounds like you are taking it in stride and moving on. Sometimes you gotta pick yourself up, dust yourself off and get right back on that horse. Good luck with future trades!