This trading routine has been pretty great for me, however, at some point I may get caught with my pants down and I am becoming increasingly more hesitant.
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This trading routine has been pretty great for me, however, at some point I may get caught with my pants down and I am becoming increasingly more hesitant.
Another heavy volume day....seems these type of vol days usually happening in the 3.70s area lately. Buy em back!
Great place to pick some up. So what if it dips a bit....in 4 weeks it will be over $4! EZEEEEEEE$$$$$Quote:
Originally Posted by Faulkner_SA
Kick em in the fkn balls!!
Nice call Midas. I salute you!:thumbup:
http://finance.yahoo.com/news/deutsc...110050859.html
Denco, how you doing? Are you getting wet from that tropical storm accross most of Texas now? I've been inactive here since I sold all my holdings a year or more ago; all that powder went to AAPL and so far has been a good move. I'm thinking of taking a small position in SIRI again at these prices, so likely you'll see more of me here on this board. BTW, in my brief peek here, I don't see Wolfman: Is he still around? More later.
Thanks Muscle! Appreciate it!
Edit: If Comcast gets T-Mobile, they could really change things up. My only concern is "spectrum." Dish has a lot of spectrum. I think I am going to accumulate some Sprint shares because whoever doesn't get T-Mobile, Sprint is next in the taking.
Muscle... check your inbox. I invited you to the chat room.
Hi SLY!, good to see you. Not much rain to this point down south yet other than a shower or 2. May pick up as the week progresses. Still on this SIRI boat for me. Waiting for a new range over $4 and will then re assess.....maybe lighten up a bit or maybe continue to torture myself:confused:
S&P Rtg On Sirius XM Revolver Rems 'BBB-' On Upsize, Recov '1'
DOW JONES & COMPANY, INC. 8:32 AM ET 6/17/15
The following is a press release from Standard & Poor's: CHICAGO (Standard & Poor's) June 17, 2015--Standard & Poor's Ratings Services said today that its 'BBB-' issue-level rating and '1' recovery rating on New York City-based satellite radio company Sirius XM Radio Inc.'s revolving credit facility remain unchanged following the company's upsizing of the revolver to $1.75 billion from $1.25 billion and extension of the debt's maturity to 2020 from 2017. The '1' recovery rating indicates our expectation for very high recovery (90%-100%) of principal in the event of a default. Our 'BB' corporate credit rating and stable outlook on Sirius XM are not affected. The corporate credit rating incorporates our expectation that the company's leverage will not increase above our 4x threshold for the rating because of its good operating outlook and growing operating cash flow, despite its moves to boost shareholder returns. We assess Sirius XM's business risk profile as "fair," reflecting its stable subscriber churn, dependence on U.S. new auto sales and consumer discretionary spending for growth, and its long-term vulnerability to competition from alternative media. Our "significant" financial risk profile assessment is based on the company's more aggressive financial policy since late 2012. Sirius XM paid a $327 million special dividend in December 2012, and it repurchased $1.76 billion of shares in 2013 and $2.52 billion in 2014. The company also issued an incremental $1 billion of debt in March 2015, resulting in leverage increasing to 3.3x as of March 2015 from 3.1x as of Dec. 31, 2014. We expect that leverage will remain in the 3x-4x area through 2016 as debt-financed share repurchases offset EBITDA growth. We believe that some risk still surrounds Liberty Media Corp.'s long-term financial strategy and its potential effect on Sirius XM. Liberty Media is Sirius XM's majority owner
Good to see you and a few other familiar names here. I used the member search facility and it appears Wolf Child has been absent for a full year (last posts were arounf Memorial day last year).
I occasionally have memory flashes of our old friend BM. I wonder how many of his flock have been suckered by now. I wonder if he's still trying to sell his patented brain fart, or does he just continue pleading for financial help?
Quote:
Originally Posted by denco1
Where did they get that number of shares bought back, over 4 bil. ????
I hope Wolf Child is ok. I didn't know it had been that long since he posted. One of the guys did say he was an older guy so I hope he is doing well health wise.Quote:
Originally Posted by siriusly_invested
I don't know NJ. I just posted the article that was released today. We maybe could email the author?Quote:
Originally Posted by njbones1
AT&T hit with $100M fine for its 'unlimited' data plans... http://finance.yahoo.com/news/t-hit-...160708934.html
Edit: Muscle did you see this?
Bullshit article lol. Trefis at it again...no surprise there. Yeah streaming players such as pandora, apple pose a threat, blah blah blah. Haven't heard that line for the last five years, lol.Quote:
Originally Posted by midas360
Speculating again, but does HAR's infotainment division line up with SXM? Heard Cramer suggest yesterday that Apple should scoop it up as a way into the connected vehicle. Are Agero's engineers the same type of labor?
another heavy volume day for siri....i like it. I think smart money loading boat here as well as siri buyn more shares on the cheap.
Hey Midas, I may be wrong and if so then maybe Denco can correct me. I recall Wolf Child once showed us a picture of his cool Harley at a coastal setting in California where he claimed he owned several tattoo parlors. He also posted a photo supposedly of himself with hair to the middle of his back, and tattoos over every visible skin (suggesting he was a walking example of his trade).
I'm guessing his age in mid-40's, maybe early 50's............. Wolf, if you are reading this, how about setting me straight if I'm all wet. Otherwise, I too hope you are doing well, and maybe you're enjoying the fruits of your labors here with SIRI.
Quote:
Originally Posted by midas360
Siriusly_invested: If im not mistaken...Wolf sold Most of his siri position a while back just above 4 bucks. Since then he hardly ever comes around. Red Cloud is another that does not come around at all anymore either.
this back in april just a few months ago:
Quote:
Originally Posted by Wolf Child
Impressive. I took the family to go see it yesterday. The graphics were incredible. Everything looked very real. However, the story line was ok. The movie was slow and there could have been more action. The kids in the theatre loved it. If the graphics are a sign of the times, movies are going to be pretty awesome!
Quote:
Originally Posted by MUSCLE13
I don't think I was around when he posted any pictures of him and his Harley. I am just going off of a couple of guys in our chat room who are friends of his. I just hope he's doing ok. It is summer and he could be hitting the open road while taking a break from trading?
Quote:
Originally Posted by siriusly_invested