That is the one thing that will take Sirius XM down to levels no one wants to see.
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After a day of research, it is my conclusion (in my opinion of course) that it is the sinking price of oil that is having the great majority of the effect on the market. It may be that oil is tied to the credit markets much more than anyone will currently let on. So what I am going to do from here on out is base all my trading on the price of oil and ignore most everything else.
I can't help but wonder what the true agenda is behind not regulating output? Certainly it can't just be an attempt to destroy the US shale oil production industry... Isn't that like cutting off your nose to spite your face?
Paranoid much? lol. I find it hilarious i make one comment regarding "2.75" which you actually remarked about first and it somehow turns into a bdp/DM4 conspiracy theory against midas lol. Good stuff...funny as hell!
Anyway just noticed volume today....imo its safe to buy here. Large volume...indicative of shares buyback. Will run north heading into earnings.
Good luck all.
Careful with all this 2.75 talk, I bought a can of Pledge... Think of dusting it off. Not quite yet, but I got what I was looking for today.
Still short @ 4.10
Everyone sees what a trouble maker you are just by going back thru this month's thread. When your gone, things are fine. When you arrive, the forum turns to crap. Your affect on BDP is quite impressive :)
@bdp... i recommend you stay clear of him. He's nothing but trouble.
calling for it to go from 3.18 to 2.75 he will be the man?? lol. Didn't it go from 3.18 to 4.25 first? Now if the call would have been 3.18 to 4.25 then to 2.75 and it actually happened...then you could have colored me impressed! :)
As far as time frames go since you mention SF's 3 yr call...wasn't the 2.75 call suppose to happen in like 3 months? Yet here we are well over a year after the infamous call and we are still no where near 2.75....just sayn ;)
Concur: But it's not just oil, high-yield bonds and the monetary policies of the ECB, Japan, and Chinese central banks all are adding fuel to the fire. But certainly, the price of oil is the main culprit right now because of it's high correlation of other asset classes
According to an article in Barrons this week, high-yield bonds are now 85% correlated with the price of crude oil, versus 23% a year ago. And even the S&P 500 has about a 50% whereas it used to be almost nil...In fact there have been times in the past when I invested in oil/oil related as a hedge against the S&P. Now that's not possible.
The lower the price of oil gets, the greater the impact on High Yield bonds because of their exposure to highly leveraged oil patch producers.
Things have only gotten worse since the Fed's raised rates in December, while at the same time the Chinese sold off as they tried prop up the yuan which, in turn has added selling pressure to the Chinese stock market which, like dominos, has a contagian effect on other world stock markets including ours.
Now here comes Iran, gonna add another 500k barrels of oil a day and our Administration practically begged them to do it...paying off billions in "debts" to Iran and releasing scores of criminals and terrorists. I lived through the Carter years and I thought that no one could be more inept than Jimmy. Man was I wrong.
Yes. You are comparing apples to oranges when it comes to the dates at which each calls were made. Faulkner made his call many times and put time frames on it too. Hasn't happened. :) That's the reason he left because when I posted his articles from SA talking about his call from 3-4 years ago, he realized he was caught. HAHA
The chances of $2.75 coming are much better now in this environment. Waldo is probably by far one of the best trader's if not THE BEST in this forum.
When will he give up?????????????
Hi Everybody!
You would not believe the things I've been through...what a story!!
Goldman and SIRI were just the beginning.
Do you recall how they bashed SIRI on message boards? They did that to
me, to get you away from me. I used to say "its better they bash me
than SIRI". I'm not sure I'd be so brave given what I know today.
They have made me pay 1000 times over because we won. We never got to
celebrate though. Malone is coming up on that date when Liberty can
absorb SIRI into the Malone collective....so we have some time...not
much, I think.
GoDaddy was hacking the websites....they got $750 million from Goldman
4 years ago. I have more than 5000 pages of evidence, but GoDaddy's
CEO is the son of an FBI agent! The son of a b*&tc^ hacking me....was
the CEO. but the past year was especially brutal...because the orders
were coming from the White House!
Several years ago I began an endeavor to create a system that
calculated the daily short volume and envisioned a website where Flag
Alerts could be plotted on price charts,...despite everything thrown
in my way , it's here. It calculates dark pool volume, and I even have
black flag alerts triggering on suspected naked short sale
volume...the same day the markets close.
No more two week waiting for short interest that doesn''t matter anymore...
No more victims..I saved Mannkind last week. The company....they make
inhaleable insulin. Long story and its on the news portion if you want
to see it. They were days away from 0....they were up every day since
last week and short volume vanished...
Shine a light on the cockroaches and they scatter....the cockroaches
being mainly a pair of world leaders and a France based pharma trying
to take out a US competitor to the 49 billion annually it makes off of
US diabetes sufferers...and ....you really should check it
out....because I broke the story of the decade and they shut down
their operation in about an hour after I did.
I advised an executive on the situation at Mannkind two weeks ago.
Three days later they announced him as the new CEO. ...we are winning
just like SIRI and I have a feeling there's going to be a lot of
opportunity to relive the SIRI rise from .06...They have a multi
billion dollar approved drug that you need to look into...The
similarities are just amazing to me.
Check it out...symbol MNKD. That rise last week.....was due to me. No
one ever has to be cheated by that scheme ever again....especially not
any of us.
The site is StockShortData.com. Hope you'll check it out, bookmark it
for later use and tell your friends about it. It could save you, me or
them next..because it still works very well.....and now it works for
18,000 ticker symbols....
I DiD It! That's what Mel said about the merger right? on Newsday?
Payback time for me, and us if you choose. Cramer and Goldman have a
problem now. I survived. I would love to send them a message that we
are as strong as ever right now. I can only do that with you all
standing with me.
;)
Brandon Matthews,
StockShortData.com
I've known this probably before anyone and tried to warn everyone. Unfortunately, no one listened because they thought he was such a good investor and just wanted to piss their money away. It's a shame that most people learn the hard way.
The best thing everyone can do for him is stop giving him money. Let him figure out what is wrong.
http://www.msn.com/en-us/music/news/...id=ansmsnent11
Glenn Frey, a founding member and guitarist for Eagles, died Monday. He was 67.
“It is with the heaviest of hearts that we announce the passing of our comrade, Eagles founder, Glenn Frey, in New York City on Monday, January 18th, 2016,” the band said in a statement. “Glenn fought a courageous battle for the past several weeks but, sadly, succumbed to complications from Rheumatoid Arthritis, Acute Ulcerative Colitis and Pneumonia. The Frey family would like to thank everyone who joined Glenn to fight this fight and hoped and prayed for his recovery. Words can neither describe our sorrow, nor our love and respect for all that he has given to us, his family, the music community & millions of fans worldwide.”
Frey wrote and provided vocals for many Eagles hits, including “Heartache Tonight,” “Lyin’ Eyes,” “Tequila Sunrise” and “Take It Easy.”
The musician, with Don Henley, also co-wrote “Hotel California” and “Desperado.” Eagles won six Grammys and five American Music Awards during its run, and was inducted into the Rock and Roll Hall of Fame in 1998.
Frey also had a successful solo career after Eagles broke up in 1980. His debut solo album, 1982’s “No Fun Aloud,” contained such Top 40 hits as “The One You Love,” “Smuggler’s Blue,” “Sexy Girl,” “The Heat Is On,” “You Belong to the City,” “True Love,” “Soul Searchin’,” and “Livin’ Right.”
He had an acting career as well, landing a role in the first season of “Miami Vice.”
That would help....not because oil is more expensive but because the only way that's gonna happen with the current oversupply is that demand increases, which means improving econonomies - especially in the developing mkts. At this point thought my feeling (opinion) is that things will remain volatile. If corporate earnings are solid (a big "if) that will help.