Julie, to each her own....but, I am not sure about it dropping to .46 again.Quote:
Originally Posted by julietoo
But, that means that it will do that very soon, simply because I think it won't:)
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Julie, to each her own....but, I am not sure about it dropping to .46 again.Quote:
Originally Posted by julietoo
But, that means that it will do that very soon, simply because I think it won't:)
no question about it . . the good thing is, you/we still have that great opportunity to average down . . even at current share prices . .Quote:
Originally Posted by candleman
the operational fundamentals of this company are better now than at any time in the past when we gladly handed over our cash in exchange for shares of equity . . so we should be even happier to do it now.
the opportunity to add at these levels (below our average) may only last until this equity becomes "marginable" again . . then watch-out; any buyers right now are cash-only buyers . . but we are still a credit driven economy . . leveraging makes all the difference in the world . .
how much would single family homes sell for if they had to be paid for in all cash from the buyer (no 3rd party financing; assume mortgages as we know them didn't exist and the seller couldn't hold any paper)?
can't tell ya how many buddies of mine were thrown into a forced-sale when they couldn't make the never-ending margin calls that started sometime in September . .
getting back to marginable levels will be very interesting . .:)
I've always been a cash guy, so the margin calls aren't a problem. I use a margin account, so I can swing trade, but that's the only reason.Quote:
Originally Posted by Sirius Roadkill
I've been a small business owner for over 30 years. Very small business, never more than 20 employees. But, I've managed to never take a business loan of any kind.
I couldn't sleep at night knowing that I might lose everything because I had it leveraged. Other business guys laugh at me. I teach college level business courses and the students laugh at me. All because I don't use the borrowing money version of doing business.
You know what? Let 'em laugh. I like owning everything and not being in debt!
Quote:
Originally Posted by candleman
I know, it's stupid for me to wait for a .03 difference. I should be happy
with the .07 or .08 and move on. After all a year from now we will
be laughing at our hesitation in paying .50. I'm thinking positive. :)
Julie
I don't know Julie, several people on this forum think we'll see the mid to low forties again. It's just hard to say.Quote:
Originally Posted by julietoo
Quote:
Originally Posted by candleman
I know Candleman, it's just a guessing game. Either way all is
good. :)
Hope you're having a wonderful balmy evening.
The sun is almost down here, beautiful day.
Julie
Owe $1 Million, the bank owns you. Owe $100M and you own the bank.Quote:
Originally Posted by candleman
good post pluc!Quote:
Originally Posted by jonpluc@aol.com
here's another one along those same lines . .
Q: What do you call someone who buys a house with no money down?
A: The tenant.
Julie, I'm right with you, order in at .48, just needs to go down a pinch. A couple cents is only a couple hundred bucks on this buy. I would hate for a big jump with no pull back now. After a .48 buy, I'll buy another 5 cents lower or higher. I feel like I've got one foot on the boat and one on the dock.Quote:
Originally Posted by julietoo
[QUOTE=MichGoBlue; I feel like I've got one foot on the boat and one on the dock.[/QUOTE]
MiGoBlue,
That's going to hurt when the boat starts to pull away. LOL :p
I agree with you. Back into Sirius again. And you're right, it is only
a few hundred dollars. I was overthinking this, just making work
for myself. :D
Julie
Kinda like the situation China is in now with our debt.:scared:Quote:
Originally Posted by jonpluc@aol.com
Actually S-Kill it's Donald Trump,that man buys everthing with none of his own money and then files BK to keep it and get more other peoples money..Quote:
Originally Posted by Sirius Roadkill
He's my idol,not,piece of Sheet,can't figure why people still lend him money.
No, I meant the gaps 'below' where SIRI is trading at the present. The gaps above don't mean anything until the gaps below have been filled. That's the way it's always been with SIRI. Sure, it might go up and fill your .545 gap but then it'll most likely come down and fill the gap at .45-.46 too.Quote:
Originally Posted by relmor2003
There are still open 'up' gaps in the 6,7,8 dollar range that never got filled when it fell like a knife from the 9 dollar range, but it has always filled it's 1 cent or more 'down' gaps below. I've been following this thing since before I bought my first shares at .74 over 6 years ago. I was buying before most people had even heard of Sirius or even sat radio. I just don't post much on forums at all.
Doesn't mean I don't remember what SIRI has, or hasn't done all this time. I got out at $3.00 (which was my cost average after I kept buying in from .74 through $5 and change) and have been meandering along trading it ever since, along with other stuff.
Some of you may remember me from the SIRIUS Backstage forum a few years ago, but I don't know if any of you were there then. I had this same avatar there exept, my name wasn't S50Fan, it was another type of Fan :p and I also had a 3 year chart of SIRI as my signature. :)
Yes folks, I'm the same poster that was known on SBS as SIRIusStockFan. :cool: I haven't posted there in probably 2 years or more, ever since this pig went down the tubes and I was embarassed to even be any kind of fan of this stock. And I probably won't post there again until this doggie really gets some legs and stays over $1 for good or either does a RS.
I'll be around here from time to time and I'm telling ya, watch those gaps below! ;) I'm hoping that maybe the .45 gap won't be filled this time, but like I said, SIRI has never failed to fill the 1 centers before and it probably won't this time either, but we can all hope.
Julie your back in full? couldn't take it huh....how many extra shares did you get from the trade, like 400? not bad almost 10%.Quote:
Originally Posted by julietoo
not sure why you were worried though, didn't you have a lot of shares already still in?
Good Morning everyone,so we have a new bond offering,we should know how popular it is in a few days,last time was 6-22-09 offering and 6-25-09 finalized...
Stock is up in Pre 1 cent to .519 with 64k traded,all looking good,lets see how news is taken..
congrats Julie for getting those shares back,good trade as Romo said..
We're up a penny and a half in the first half hour.
It looks like the news of the bond offering is going over pretty well.
Hopefully JP Morgan is the lead book-maker . . . er-ah, oops, I mean book-runner on the offering . .
Take that Goldman Sachs . . Mel will not even throw you our measly $250mm crums . . .
[QUOTE=JohnnyIrishXM;47080]Good Morning everyone,so we have a new bond offering,we should know how popular it is in a few days,last time was 6-22-09 offering and 6-25-09 finalized...
Stock is up in Pre 1 cent to .519 with 64k traded,all looking good,lets see how news is taken..
That was immediately before the Russell rebalance wasn't it? What timing to get it done before a 20% drop in pps. Does anyone think we will get a bump up in target pps based on the potential of balance sheet improvement with the new debt offering?
Quote:
Originally Posted by Sirius Roadkill
I dont know why they took the loan to be honest the fees are going to eat up any savings they had in a cheaper interest rate. Look, 500 million X 3% = 15 million a year in savings. Now correct me if I am wrong but the fees were something like 36 million right. All for a loan that is 4 years long before it comes due.
The point to the above post is that if I look at this loan from a logicall stand point. It looks like SIRIXM is not planning or wanting to pay down debt anytime soon. There was no other real benefit from it other then to push some of it back 3 years.