thanks for the CC update denco.
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yeah i hear ya...and understand everything ya saying. Honestly tho....like i said.....i am not really looking to start a trend. I know tho that when i came in here stating i made bank....i knew it would go in one ear out the other..and hell sometimes when people here state thier action it goes thru my ears as well. I just said **** it back it up...something different thats all. anyway man....i gotta go do some things....check back later.
Triple top breakout on the closing P & F for Siri;)
Nice job on the trades DM. Need to start doing more of that myself.
thanks Siriustimes. Glad i finally sold a chunk of my siri....its really does feel good to be back at it again. The last few years with siri was fustrating although this 4.15 area is making up for it somewhat, but really feels good to be making good bank on a daily basis. And thanks for the triple top break out info on siri man! Looking at siri in afterhours and i have to admit she looks pretty sweet these days wearing that 4.15, hopefully she swaps it in for 4.50 soon! :)
Americans borrowing a record amount for their cars
https://finance.yahoo.com/news/ameri...180752922.html
According to Experian, 61.3 percent of the money borrowed during the third quarter was done so by drivers with prime or superprime credit ratings, who have some of the best track records for repaying their debts.
By comparison, 19.3 percent of the loans were taken out by those with subprime and deep subprime ratings, who have some of the worst credit records.
Zabritski disagrees.
"I don't see a bubble in subprime loans," she said. "This is a very steady market in terms of loans to high-risk borrowers."
Zabritski pointed out that the percentage of borrowers who have fallen behind on their auto loans remains at a very low rate. In fact, Experian said 30-day and 60-day delinquency rates both dropped in the third quarter compared to one year ago.
What is particularly encouraging to me from yesterday is that most other media stocks were down while SIRI was up.
TWX was down 6.6%
VIAB was down 6.57%
FOXA was down 5.21%
FOX was down 5.08%
SIRI was up almost 1%
I know it's a bit of apples and oranges but usually when the sector is down, SIRI is leading the way as everyone's favorite whipping boy.
Looks like Liberty did pretty well with their Q3 numbers. Of note to me was that, because of the share repurchase program, LMCA's ownership percentage of SIRI is now over 60%... dunno if this is old news to some but FWIW I found it interesting.
I agree. I think he's probably surprised that no one has offered him a job since he left SiriusXM. But Mel has stated that he can't work under anyone else...he needs to be the boss and frankly there are only so many of those positions available. As far as the part where he discussed Howard Stern's options the part that I found most interesting is the fact that Mel said Howard owned the rights to his library of shows. That's huge and sheds some more light on why SiriusXM needs to pay up to keep Howard. I had previously assumed the company owned the rights and if H.S. left it would be no big deal because they could/would just play re-runs of his past shows. That's obviously not the case.
I also found interesting his comments on the market in general and media stocks in particular. His "TINA" comments, particularly with regard to fundamentals and multiples looking good only because of stock buybacks and that insiders of these company's are not, themselves, buying stock...they only do it with other people's money, so they must not really believe in the "value"....not saying I agree or disagree with him on this...just food for thought. Remember, this is a guy that said "EPS is NOT the way to value a company like SiriusXM....FCF is the metric you need to focus on"....and here he is talking about EPS, and not a word about FCF.
ok will watch tonight.....gotta trade. Take a peek at gene in pre lol.
Edit: In case you dont see this before pre is over....it has gaped up to 3.50 lol. My lordy. I did not hold any overnight but it treated more than well yesterday. Might have to play it again sam.
Not a bad couple of days......
Attachment 1597
Good morning- after reading Maffei's comment about looking into acquiring a streaming service, I immediately thought to buy a block of P as there would be a great chance his comment about already talking to every current service would hint at the possibility of Sirius buying Pandora. Just sold 2500 shares I picked up in pre for a 89ยข gain. Yee haw!
Personal? I do not take it personal lol. I have simply posted my last few days of wins and loses....that is all. I should have known lol....that you would somehow turn it in to something more than what it really is. :)
Besides...i gave you some real winners yesterday....you want to see my winners in my unrealized...you gotta pay for those! :)
Ok, my bad. I spoke too soon. Although, still an improvement.