SIRI Monthly Thread August 2015

Quote:

---

Originally Posted by user34615145

Good stuff Waldo, and certainly food for thought. Probably not what a lot of folks in this forum want to hear, but given the history of this stock, certainly a prudent outlook should be heeded. I'd be interested in your insight concerning VIX...purely for selfish reasons as I am long the Sept 15 puts and although we have 3+ weeks to go before op-ex, we are a long way from 15. I know the VIX can move fast but I'm begining to question if stepping into that position was good move - especially given the fact that Sept/Oct tends to be the more volatile time of the year. My initial intent was to be in/out of the trade in a few days when I opened the trade last week but the recent move in the VIX obviously put the kibosh on that. Your thoughts?

---

What's your cost basis? You'll get another 15-20% down move in the VIX today if the futures hold. Gets you closer

Quote:

---

Originally Posted by waldo29

What's your cost basis? You'll get another 15-20% down move in the VIX today if the futures hold. Gets you closer

---

$.60 :confused:

Oh boy... that buyback announcement really bumped Sirius XM's stock price up. How has those buybacks helped the stock price in the past? Hmmm???????? Get with the program people. It's a scam so they can steal the company. If we can't buy the company at $3.68 we will just tell Sirius XM management to buy back shares to increase our ownership %. Yeah, that's what we will do.

yeah / They should be smart and wait till the price goes up and the interest rates are higher then try and reduce the share count / shit with the way interest rates are now and after taxes the money is almost free! That just does not make sense!!! They need to hire Einstein as a financial adviser so they get it right.

I do agree with others sentiment. Most of what you post is antagonistic BS but I actually enjoy the commentary/nonsense of a true short.....errr pseudo long. You do bring amusement and at times thoughtfulness.......wouldn't be the same without you:) The wrong perspective is always good food for thought/laughs....you're alright Midas.

EDIT: Hope you covered early Monday :juggle:

EDIT2: Or was it Tuesday...

Thanks Denco... it's all in fun. :) Glad you are able to see that. HAHA Just trying to lighten the mood as the stock sits and does ABSOLUTELY NOTHING!!!! Laziest damn dog ever! :)

Quote:

---

Originally Posted by denco1

I do agree with others sentiment. Most of what you post is antagonistic BS but I actually enjoy the commentary/nonsense of a true short.....errr pseudo long. You do bring amusement and at times thoughtfulness.......wouldn't be the same without you:) The wrong perspective is always good food for thought/laughs....you're alright Midas.

---

This has got to be the dumbest comment I've ever read in this forum. Ugh...!!!! :mad:

Quote:

---

Originally Posted by Raptor

yeah / They should be smart and wait till the price goes up and the interest rates are higher then try and reduce the share count / shit with the way interest rates are now and after taxes the money is almost free! That just does not make sense!!! They need to hire Einstein as a financial adviser so they get it right.

---

I agree that this Dog has been a POS for about 2 years now. Wish I would have handled things differently as a LONG back in October 2013 but what can you do. At this point I will wait this long term hold to play out. Seems to be in the late innings at this point.

EDIT: Though I don't necessarily agree with "It does absolutely nothing". That big takedown was a great op for LONG to add and Shorts to leave..

EDIT3: For the most part you are correct over the last 2 years with sporadic ops along the way to a flat SP......just means when it pops it should pop hard.

Denco... you have a terrible memory... I AVERAGED DOWN. Remember?? :)

Quote:

---

Originally Posted by denco1

I do agree with others sentiment. Most of what you post is antagonistic BS but I actually enjoy the commentary/nonsense of a true short.....errr pseudo long. You do bring amusement and at times thoughtfulness.......wouldn't be the same without you:) The wrong perspective is always good food for thought/laughs....you're alright Midas.

EDIT: Hope you covered early Monday :juggle:

EDIT2: Or was it Tuesday...

---

Yeah... I understand. Hindsight is 20/20. It did have a nice run and then stalled. Now it's just being manipulated.

Quote:

---

Originally Posted by denco1

I agree that this Dog has been a POS for about 2 years now. Wish I would have handled things differently as a LONG back in October 2013 but what can you do. At this point I will wait this long term hold to play out. Seems to be in the late innings at this point.

---