Tripping,Quote:
Originally Posted by trippingthespeculatingpos
How do you go about blocking somebody?
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Tripping,Quote:
Originally Posted by trippingthespeculatingpos
How do you go about blocking somebody?
I have been reading this and a couple other Sirius sites and man, there are a lot of doomsayers out there! Granted the stock price stinks but to a person like myself, without much 'gambling' money this stock and the corporate mooves being made are interesting enough to bet on. I bought 1000 at .179, and when it dropped to .150 I bought a 1000 more, when it dropped to .139 I bought 1300 more. It's not much compared to a bunch of you but it is what I can afford to loose if it tanks.....HOWEVER, with the additional stock issuance approval which people are freaking out about, they are using it to drop Feb's bill and other similar moves. Hell, that puts them in the same boat as us, stock tanks, they loose too. It goes up, we all win. They have signed contracts with many if their 'high draw' programming personalities. Moves ARE being made.
To me, this stock is programming it's self to be the comeback story of the year...well, maybe two years. Bottom line is I'm buying more!
Best wishes everyone.
Quote:
Originally Posted by Keysmark
lol i cant block him through the website, im just not going to allow his posts to reach my brain, its a mental block.
Thanks,Quote:
Originally Posted by trippingthespeculatingpos
I just don't read his posts. But after your comments, I thought there was a blocking feature that I couldn't find. Maybe the mods will install it.
Not saying that it should be done, but yes you can block someone.
Click on their name here in the forums. That will take you to their "page".
There is a line that is highlighted in black that says "Send Message, User Lists, User Notes"
Click on User Lists. This will bring down three options: Add to friends, add to contacts, or add to ignore list.
Click on ignore list.
As far as MY opinion, I think SiriusOwner is right. There are far too many people who have absolutely no strategy with Sirius. "Buy and Hold" is not a strategy. Any time you buy (or short) a stock, you need to have well defined events that cause you to reevaluate your investment. Lets say Mel announces refinancing today and the stock tripples. What will you do then? Lets say Mel announces that a bank that they were close to a deal with dropped out of negotiations. What would you do then?
Most people do not have any answers to these questions. That is a set up for disaster. How many people have you heard say "I bought at .17, the next day it spiked to .24. I should have sold then... now it is back to .12." ? You have to have a strategy based on ups AND downs. I have yet to see anyone here actually give their strategy, except Siriusowner... Just because his strategy is NEGATIVE, does not make it wrong. At least he has one...
Newman,
You wrote: "Just because his strategy is NEGATIVE, does not make it wrong. At least he has one.."
I agree. In fact, I believe that he is correct in much of what he says. For a while I really enjoyed reading his posts, that is, when he wasn't lecturing or attacking someone.
But I strongly dislike his attitude and disrespect towards everyone else, and his negativity just for the sake of being negative.
Keys: In a way, I agree with you. But the fact is, Siriusowner has a reason for being negative. The stock is down drastically over the past 6 months. Siriusowner has stated that he is more of a "momentum" trader, and Sirius definately does not have the momentum at this point.
Many people place a lot of blind faith in the company. I tend to trade (and invest) based on catalysts. At this point in time, Sirius has no positive catalysts to look forward to until February in my opinion. The stock will continue to be volitile with little or no news, and nothing but slam peices from the rest of the media. It is my opinion that Q4 will be yet another blow out quarter, with the only negativity coming from OEMs in the way of subscriptin growth. Costs will be down, revenues will be up, and the company will be FCF positive. The fact is, that debt is the only news that investors want to hear about, and there will be very little in the way of refinancing news until at least the end of January, if not until the Q4/FY2008 CC, which should be second week of February. Mel and Co. said at the annual meeting that they would have something by March 1, 2009, but of course the Feb debt expires before then (though I cant recall the exact date off the top of my head right now). Even if portions of the Feb debt are refinanced prior Feb, it will be done with share dilution. There is no reason to announce a cash buy back until the debt actually comes due, since there is generally a penalty in buying back debt early.
This is the reason that I liquidated my holdings for tax purposes, and plan on buying back in at the end of Januaray. Once Feb rolls around, you will start seeing alot more announcments regarding debt, Q4/FY2008 CC, announcments on the May debt, OEMs and the economy starting to turn around in Q2 (in my opinion, of course), etc, etc, etc. I will, of course, reevaluate this course of thinking prior to buying back into the company, but I really do not see much changing in the next month.
Take it for what it is. I am not a financial guru, but I did stay at a Holliday Inn Express last night (no kidding!)
Newman
You are way to calm and sane to be posting here. Thanks for bring some sanity to this thread./
BTW I own 42300 @ .88 Feel maybe on the outside looking in for awhile!
i own 4600 at 19 cents, my strategy is simple, i have a trailing stop at 50 percent set for when or if it hits a dollar, thats it. hopefully it never drops 50 percent from when it hits a dollar and keeps going up. if not i sell at 50 cent range worse case scenario for a gain, one thing i wont do ever is sell it below 19 cents. im prepared and very willing to lose what i have invested. So go ahead sirius owner and pick away at my strategy. It's okay to be negative if thats your real stance but it seems he just does it for the sake of making himself feel smarter. I could be wrong though. It also seems he goes against his own position with sirius all the time. I mean if were all bad investors for putting are money into sirius then why has he put his money into sirius? anyway there are a lot of mistakes i think he has made but i dont try to point them out all the time cause hey its his decision, and im still not sure what position he has with sirius and what his strategy is, he changes it every 2 seconds. Overall i dont have a problem with the guy, im just saying what i feel.
I do not change every 2 seconds, I have always been a swing or momentum trader. Some of my trades go wrong. SIRI being one of them. I got caught with SIRI when XM shares were converted and I was hedged... I though I'd keep the stock but then I sold it just to get back in at the wrong time. I decided to keep the stock for a while and then I bumped into this web site when I was looking for some information... I like arguing with you all more than the damn SIRI, that is why I have kept the 3200 shares... Although I could have sold them and keep arguing with you all, right ? That was dumb on my part...
Ps: I am not going to sell them now that the stock is trading at 12 cents... unless there's a chance of short selling with my other broker.
you didnt want to sell because you like us too much? awwww what a softie
He likes us! He really likes us!!:bs:
(sorry, there is no "crying" smilie face)
Newman,
Accumualtion with no specific sell stratigy is called INVESTING. It's the flipping swing traders like SO that caused oil to move to $147 which put us on the path to BK the world and send all our $ to the people who hate us!!!! I for one like to speculate hence 300,000 shares, however I am not a fan of trading as I believe this is the cause to most of the current problems i.e. oil,wall st greed, G f'in S, etc. I think we should bring back the trading in 1/8th vs penny's to get the SO's of the world OUT of the mkt!!!!!! WE NEED MORE PRICE STABILTY and true INVESTORS like TRIPP not the SO's and GS's of the world that are simply in for the quick buck and do NOTHING to add value!!
Siriusowner,
Why not ust stgy'd like IRON CONDORS, CREDIT SPREADS, BUTTERFLY SPREADS? Act like an insurance company you have probabilty on your side and you actually add value vs trying to simply play the big MO?
Quote:
Originally Posted by LIBOR/TED SPREAD
boy, i feel special :o
This has been the problem all along. I did not say I like you or anybody here...Read my post again.Quote:
Originally Posted by trippingthespeculatingpos
i know what u said, it was a joke, u big bozo space alien
No, you did not read the post correctly. I'll be more clear, I like arguing.... and yes I am an alien, from space ? who knows, but alien in the end.:cool:Quote:
Originally Posted by trippingthespeculatingpos
Weird, I thought that knowing when to sell was as important as knwoing when to buy. Even for long term investing.Quote:
Originally Posted by LIBOR/TED SPREAD
I also can not read your post. I do have some neutral options spreads if that is what you were asking. At the moment I do not have any bull or bear option credit or debit spreads. I am short on SIRI $2.5 and $5.00 Jan 2010 option calls.
Quote:
Originally Posted by Siriusowner
yes i did read your post correctly, you like arguing with us can be taken that u like our company and in turn that U LIKE US, stop being a little tease