Thanks for the great charts Denco
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Thanks for the great charts Denco
You're welcome RAD!Quote:
Originally Posted by radejs
Great to see you, CLR, BBQ and others on east coast are doing ok considering the enormity of the storm......continue to stay safe and warm you guys.
thanks, I figured that was likely it.Quote:
Originally Posted by denco1
Quote:
Originally Posted by denco1
Nice chart work, Denco. I wish I could get a firm sense of direction on SIRI cuz frankly I need to dump a bunch to make room for some other symbols I want to take advantage of. For example, take a look at Green Mountain Coffee Roasters (GMCR), American Tower (AMT), and Starbucks (EDIT............SBUX), all correcting down to their lower trend line, and each with good room to grow in their respective rebounds. I sure like my decision to get into FSLR when I did a couple weeks ago, and I think it may still be a good time to take a position there as i see upwards of $8 growth before it makes another correction at the upper trend line. ONVO sure is treating us well today also, as are those POT stocks for those who ventured in. Good luck to all this week. It sure is starting out on a positive note.
Edit: i had Starbucks wrong.........corrected to SBUX
Another hot one this year has been Zynga symbol znga. Last week $2.50s - $3.70s today. Gaming stock with real money aspirations online.Quote:
Originally Posted by siriusly_invested
Quote:
Originally Posted by siriusly_invested
Thanks SLY...me too. SIRI needs to make a move soon with the tight BBs and MAs converging. I want to lighten up a nice chunk as well to re deploy into other ops. Thanks for the recomendations. I lightened up on ONVO a bit today. Early then re bought then sold again early for a profit and then sold a few more at $ 5.36. Nice gains on my highest priced lots, so just wanted to lock in around the upper BB. Hope to buy them back near my trend line, $5 ish or the mid BB, 4.60 ish, on a bigger red day or down day for ONVO.
FSLR has been a nice gainer as well. Much appreciated SLY. Sold a few today too as I could not resist the big up day gain. But still hold majority of my position. Was trying to sell a few more right at the upper BB but it never hit.
Denco, apparently we employ different strategies. Actually, I'm experimenting with the idea suggested in the Stikky book, that being to watch for the third or subsequent touch of the high and low trend lines and exercise my sells and buys respectively according to those bounces. So far, I'm batting about 80% using nothing but those indicators. Of course, I am accumulating back in with full proceeds after a sale......... so far that seems to work quite well................ I bought SBUX at 53, sold at 57.30 and am waiting re-entry at or near 55. On FSLR for example, I got 1000 shares at 23, sold at 35 for $35000 net, then bought 1263 shares at 27.70. Now looking for the price to go to $40+ before I sell again......... This is a fun way to go when the plan comes together.
Attachment 846
http://finance.avafin.com/stock/SIRI?chartType=trade
http://finance.avafin.com/tradeFlow?...0&industryId=0
Heavy accumulation. They took every single share they could get at $3.15 today. SIRI buyback? Bond holders shorting out shares they will be receiving in a few weeks? Perhaps.
Short interest now 402 million.
Got an article in queue with thoughts on it. I figure we move soon. And I figure short data will again go up in the next 2 reporting periods then drop off sharply on bond conversion.
Will be interesting to see how it all plays out. I don't see us popping "down" though... too much money being pumped in. I think it'll go up, and the move could be quite rapid.
Thanks for giving your opinion over here SF, I can say out of all the author's at SA, I value your opinion the most, unless you turn to the dark side like most of them. But I have faith in ya, you've always had integrity in my book.
I like the caption for the day "Time to move on!!!", but I think I'd rather hang out for awhile and keep giving the shorts, a sense of false hope while we keep increasing and consolidating our minions. Fuch them Beocthes!!! They fixing to get their eyes lit up. And I'm sitting back watching, a frigging nickle, you got to be quick on the draw to get $3.10's. I figured $3.06-3.08 would be the approximate bottom, just to tease them beocthes. Anyone that thinks Malone is gonna loose or let it go below where he is comfortable is in for a rude awakening. He's toying around with the suckers, til he has them where he wants them, with a sense of false security. ROLL ON ROLLER COASTER!!!
http://www.youtube.com/watch?v=rg_dUc2uU48
Sirius and Pandora Under StockCall Microscope: Rising Auto Sales to Benefit Sirius XM Radio
8:00 AM ET 2/11/13 | PR Newswire
Over the last one year, auto sales in the U.S. have improved significantly. More importantly the momentum is likely to continue in 2013, which is excellent news for satellite radio company Sirius XM Radio Inc. (NASDAQ: SIRI). Meanwhile, Sirius is also expanding its Internet capabilities to compete against Pandora Media Inc. (NYSE: P). StockCall has released full comprehensive research on Sirius and Pandora, and these free technical analyses can be downloaded by signing up at
http://www.stockcall.com/technicalanalysis
Auto Sales to Remain Strong
The fortune of the satellite radio industry depends heavily upon the state of the auto industry. Last year, auto sales rose sharply, driven by pent-up demand and cheap financing. The trend is expected to continue in 2013, which augurs well for the satellite radio industry and the biggest satellite radio company, Sirius XM.
This chart says it all....Tick Tick Tick Mutha Sucka's!!!:)
Attachment 847
My bet is on buy backs. This company has not been waiting to exercise its plan. It knew well in advance exactly what it wanted to do and they're doing it. Having Mel in the equation quite likely created a "pent up" desire to move things forward. Visualize what happens to things or people that have been pent up when finally the obstacle is removed. I hope we see $3.50 real soon.Quote:
Originally Posted by Faulkner_SA
You have a great stategy SLY and the results don't lie. I am quick to buy back even at a higher price if I feel there is more to go without a minor pullback. I just had to lock in a few with such a big move today on both. If things move heavy again tomorrow then I may wait for the intraday pullback to reload......just need to assess the action.Quote:
Originally Posted by siriusly_invested
Anyone have anything good, bad, or otherwise to say about Schwab as far as trading goes? I moved away from them years ago because their trade rates were too high but now it looks like I might be going back.
I wonder if you can trade MJNA with them? Anyone know?
From a Playground post...
Sirius XM Radio (NASDAQ: SIRI)‘s stock had its “outperform” rating reiterated by investment analysts at Barrington Research in a note issued to investors on Monday. They currently have a $3.75 target price on the stock.
The analysts wrote, “Subscriber gains remained strong in the fourth quarter and full-year 2012 as Liberty formerly asserted its controlling interest. Churn and conversion rates remain in line with recent historical experience despite implementation of a first-ever price increase as a merged company at the start of 2012. Further, the only changes of substance to this point with the change in control appears to be a more concerted intent to return capital to shareholders in the form of a $0.05 per share special dividend in December and initiation of a $2 billion stock buyback program to be implemented starting in 2013. Liberty is intent on recapturing funds expended to establish its controlling stake. Aside from that, Liberty management has publicly expressed support for the fundamental progress established by Sirius XM management, suggesting that any further shift in ownership (such as the long-speculated Reverse Morris Trust option) would not necessarily or even likely be a 2013 or 2014 event.”
http://www.dailypolitical.com/financ...radio-siri.htm
What I wrote :
http://seekingalpha.com/article/1173...lion-bad-ideas
Also have an article pending (probably wont be out till tomorrow) regarding my expectations that Liberty will not sell into the first round of buybacks (perhaps more). Consider the double effect of growing their stake plus increasing the value of that stake. Unless Liberty needs cash quickly, they are better off just selling back at the end. Even if they undercut market by a penny to remove notions of "foul play" and SIRI buys back $1.5 billion at the end from LMCA, LMCA stands to benefit immensely by not participating in the buyback at all.
Again this assumes LMCA doesn't need cash...
100% of the buyback coming from float would likely have a greater effect than a 1:1 float / LMCA sell back.
I mean I get it... Liberty has said they want the bait back, Liberty has said they would prefer not to spin high basis, etc. etc. but Liberty can get the bait cash back this way, no problem, and there's little issue with spinning out a bit of high basis if the bait cash is returned.
I dunno :) I'm just a guy... I sell generators (permanent install 14KW and up Kohler) here in New England (I see many of you are in the area... lemme know if you need one though we're kinda strung out now through April cuz of this storm...) Who am I to guess at the masterminding behind Liberty's plans! I may turn out to just be a rambling madman ...
Couldn't tell ya SB, I use Etrade and Fidelity, but have only bought MJNA with Etrade. And I've got to say it's been a nice ride in these days of pergatory momentum with SIRI:) But it's about time for Siri to pull it's load, and that's gonna be even better, just be careful if you play with Mjna, gotta be on ya toes, protect cash and let profits ride.Quote:
Originally Posted by SiriusBuzz
A rambling Madman, imagine that;) That's someone that's mad at everyone, that ramble's right. Touche'
Denco...Red...Again thanks for the charts! Watched all day as the accumulation continues!
Sold some SXM in IRA and bought 200 shares AAPL! Taking a flyer on CEO speaking at GS conference tomorrow along with talk of increased dividends/buy backs announced/possible 1 time dividend paid! They are under pressure from large investors to return some of tie 137B COH to shareholders!l
JS
GL,JS, sounds good, and gl to all other appl investors on this board, looks like a few people are starting to say "Show me the money and quit talking about it" It's looking good for Ya'll, and I would think, would drive the price higher. I'm just a peon tho, can't afford Apple;), so take my words with a grain of salt. GL tho, I got faith in Ya'll, and think your on to something.Quote:
Originally Posted by just sirius
Check your PMQuote:
Originally Posted by Faulkner_SA