Yeah ya know what else makes it easier? Not creating a monthly thread after someone else has already created it midass. Use your eyes and think next time fkn numbnutz. Don't let it happen again or i will have to ban you temporarily!Quote:
Originally Posted by midas360
Happy Easter Everyone!
4.92 Pre today. Ouch... Maybe we get a run up to $5 into the CC? Seriously though. What gives? Unless there is some behind the scenes turmoil, I don't get it. Would the large decrease in short interest drop the sp? Looks possibly like a time to load up. Anyone else?
Edit: Morgan Stanley cut Sirius to underweight with a 4.80 price target. WTF? That's 3 downgrades in a month. Hope the CC is strong.
Banks may be behind the mysterious drop-off in car sales
- Banks tightening lending standards as delinquencies pick up.
- March vehicle sales fell to an annualized pace of just 16.5 million, below expectations of 17.3 million and the weakest rate since February 2015.
- Economists watching auto sales carefully to see if it's a sign of broader consumer weakness.
Quote:
Originally Posted by bdp.
Beware of a small gap that might be filled at 4.91. 4.80 is another support it could seek if market flushes a bit.
Personally I dont think it does, but still beware.
(edit: I didnt realize Morgan had put a target of 4.80 but that might give a bit more pressure to get there)
Bounced back yesterday but down again today. Need to see great numbers next Thursday.
I have some very sad news. For those of you that remember Genesis or Hannibal (Jim Edwards), he passed away on March 6, 2017 of abdominal aortic aneurysm. He was a good friend of mine and fortunately I was able to talk to him before learning about his passing. May he rest in peace!
Didnt know him...sorry for your loss midas.Quote:
Originally Posted by midas360
Think all them downgrades are nothing more than a headfake...picked up 3k at 5 few days ago.
Big volume today 79 million
Once again... sad.
There`s no reason for this 4.96 except that Malone has friends in high places ( downgrades )
Sorry 4.92
Sxm acquires automatic. More connected car. No idea if it is accretive
https://techcrunch.com/2017/04/27/si...8TechCrunch%29
Company Overview
Automatic Labs Inc. develops, manufactures, and markets mobile phone based driver assist devices and applications. It offers Automatic car adapters that provide collision detection alerts to the driver; Automatic Fleet, an application that tracks fleet costs; Concur, a solution that generates a trip summary; Expensify, a solution that streamlines the way expenses are reported and approved; FreshBooks, an invoicing tool for freelancers and small businesses; Hustlebox, a solution to auto-collect and annotate trips for deductions, reimbursements, and compliance; Nexonia that provides integrated mileage data; SherpaShare, an online financial and analytics dashboard; Tripdots, a solution that organizes and manages driving history; and Xero, an online accounting software. The company also provides IFTTT (If This, Then That), a solution that enables users to create connections between Automatic and other devices, and digital services across the Web; AutoDash, a solution to create a customizable control panel; Jawbone UP, a solution that enables users to monitor drives and physical activities; Muzzley, a solution that connects a car to other connected devices; Nest, a mobile application; Pebble, an application that displays the location of parked cars; RescueTime, a mobile application; SpotAngels, a solution that protects cars; and Yo, a communication tool. In addition, it offers License+, a coaching tool that helps teens in driving; UnMooch, a Web application; YourMechanic, a solution that provides car repair and maintenance services; DashCommand, a solution that streams data from the Automatic adapter to show real-time engine status; LapTimer, a tool for racing enthusiasts; and OBD Fusion, an application for cars that allows users to read OBD-II vehicle data. It offers its products through Apple retail stores in the United States and on the Apple online store. Automatic Labs Inc. was founded in 2011 and is headquartered in San Francisco, California.
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575 Florida Street
Suite 100
San Francisco, CA 94110
United States
Founded in 2011
Hang in there... don't let the recent drop discourage you.
Berkshire buys $250 mln more Sirius/ Liberty and of course the sp nose dives even more.
Just remember... they put $5 billion in Goldman Sachs. The stock dipped and eventually Buffet made a ton of money.
Quote:
Originally Posted by bdp.
Buy buy buy we will never see it this low again.
Agreed. I pulled the trigger this time and loaded up with an embarrassing amount. I can't imagine Buffet (or his cronies) are at all so ill informed to make such a mistake, so I am following his lead (be greedy when others are fearful). If you look at what generally happens after literally all of the Sirius earnings calls, the SP declines, sometimes drastically, but then inevitably climbs right back and beyond within 2 weeks. So the sp may dump a bit more, especially if the macro market slips, but perhaps this will be the last opportunity to buy at such a steep discount and I do not want to miss it this time!Quote:
Originally Posted by Nazareth
Gonna do the same mon and tues.Quote:
Originally Posted by bdp.