SIRI Monthly Thread August 2015

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08-06-2015, 02:54 PM
njbones1

Quote:

Originally Posted by dm_4

Only thing thats gonna put us over 4 is BIG news!

Record auto sales, 3or4 upgrades, record subs, I thought that was Big news ?? Here we sit again.
08-06-2015, 02:58 PM
midas360

I agree NJ. It's time to shit or get off the pot. I am looking for a .10 gain on this or I may just write covered calls for the rest of the year. Again, the thing that is always concerning is you have all this great news and yet you have the fed raising rates, slowing local and global economy staring you in the face. It's just like BDP said before about macro event... this could get bigger than any one stock and we may get caught.

Quote:

Originally Posted by njbones1

Record auto sales, 3or4 upgrades, record subs, I thought that was Big news ?? Here we sit again.
08-06-2015, 03:02 PM
dm_4

Quote:

Originally Posted by njbones1

Record auto sales, 3or4 upgrades, record subs, I thought that was Big news ?? Here we sit again.

Well bones...all those things you listed are great and all....but haven't those things been announced over and over for the last several years since 2008/9?

Technicals can be a traders friend but at this point im not sure technicals alone get it done anymore. SF has mentioned the cup and handled for the last several months now...and he was correct in that observation. Before he left...he basically said now all we have to do is wait for the handle to break upward. My question now is since the handle was in place when the cc came....and we did not break upward to the magnitude SF spoke up...then what is going to get us there since now we have retraced a bit? To me the answer is BIG news...such as a partnership, another offer offer to merge with liberty, etc, etc.

Big news at this point...thats what this machine needs.
08-06-2015, 03:13 PM
dm_4

One other thing SF use to say over and over and its true...If this stock just eats you alive with how frustrating it is....why not just sell and save yourself the aggravation??

I mean think about it....8 months ago we were what $3.15? and people had the opportunity to sell out at over 4 bucks the am of the call yet didn't. Yet those same people are here now bitching about how we are in low 3.90s and not over 4 bucks. I just don't get that mentality.
08-06-2015, 03:16 PM
dm_4

Quote:

Originally Posted by midas360

I agree NJ. It's time to shit or get off the pot. I am looking for a .10 gain on this or I may just write covered calls for the rest of the year. Again, the thing that is always concerning is you have all this great news and yet you have the fed raising rates, slowing local and global economy staring you in the face. It's just like BDP said before about macro event... this could get bigger than any one stock and we may get caught.

Yet you of all people who have been anti siri since last october supposedly decides to finally dip a toe in at 3.9whatever and yet here you go with its time to shit or get off pot, fed raising rates, slowing global economy blah blah blah stuff you were spouting last october. I just dont get you man lol. crazy.
08-06-2015, 03:17 PM
MUSCLE13

I am so close to buying more Disney right now. It just looks so delectable down here at these levels. Should I pull the trigger?
08-06-2015, 03:18 PM
dm_4

I will say this much man.....this board has lost a lot of great insight with SF gone now. Man i really hope he comes back....miss him already!
08-06-2015, 03:19 PM
dm_4

Quote:

Originally Posted by MUSCLE13

I am so close to buying more Disney right now. It just looks so delectable down here at these levels. Should I pull the trigger?

haha aren't you glad you didn't buy it a few days ago?
08-06-2015, 03:21 PM
denco1

If I wasn't so locked in to my other positions I would take a bite out of DIS today or soon for sure. Making a nice comeback off the lows today.
08-06-2015, 03:23 PM
user34615145

Quote:

Originally Posted by njbones1

Record auto sales, 3or4 upgrades, record subs, I thought that was Big news ?? Here we sit again.

I laughed last week when midas said something about feeling like Charlie Brown waiting to kick the football and thinking "this time it's gonna be different" and then ending up flat on back feeling like a fool.
08-06-2015, 03:25 PM
MUSCLE13

Quote:

Originally Posted by dm_4

haha aren't you glad you didn't buy it a few days ago?

I bought more yesterday and want to buy more going forward into Star Wars. I just don't want to time a bottom. I guess I should dollar cost average.
08-06-2015, 03:28 PM
midas360

Nice job! I am green by a gum ball amount.

Quote:

Originally Posted by MUSCLE13

I bought more yesterday and want to buy more going forward into Star Wars. I just don't want to time a bottom. I guess I should dollar cost average.
08-06-2015, 03:29 PM
midas360

I loved that analogy. It was my best work yet. I got a lot of compliments on that one. Good ole Charlie is still trying though.

Quote:

Originally Posted by user34615145

I laughed last week when midas said something about feeling like Charlie Brown waiting to kick the football and thinking "this time it's gonna be different" and then ending up flat on back feeling like a fool.
08-06-2015, 03:31 PM
dm_4

Quote:

Originally Posted by MUSCLE13

I bought more yesterday and want to buy more going forward into Star Wars. I just don't want to time a bottom. I guess I should dollar cost average.

i hear ya...good luck man.

Trying to time things usually does not work very well.
08-06-2015, 03:34 PM
dm_4

Quote:

Originally Posted by user34615145

I laughed last week when midas said something about feeling like Charlie Brown waiting to kick the football and thinking "this time it's gonna be different" and then ending up flat on back feeling like a fool.

too bad you guys didn't short it. ;)
08-06-2015, 03:37 PM
Raptor

I'm not at all frustrated just anxiously awaiting this buy back to end. I think we are now in the final quarter of it. Sirius stating that their tax rate will be in line at about 32% and stating that they are amortizing the remainder of the settlement over the next 10 Quarters leads me to believe that they are finally ready to allow profits to fall to the bottom line. This will finally allow EPS and P/E to improve at a rate that will appreciate the stock greatly. Every other metric is growing nicely with the exception of the bottom line. If the .03 had hit the bottom line the last two quarters (kept off the bottom line by above) these two metrics would already have improved by 25%. Just think what would happen to the share price if they are able to pull off .04 by Q2/Q3 / 2016. Remember that all of that free cash flow if not used for buy backs could be used to annihilate debt.
08-06-2015, 03:47 PM
dm_4

Quote:

Originally Posted by MUSCLE13

I am so close to buying more Disney right now. It just looks so delectable down here at these levels. Should I pull the trigger?

buy in lots muscle just in case. Do it in lots you wont get burned as bad should it go lower.
08-06-2015, 03:51 PM
dm_4

Quote:

Originally Posted by Raptor

I'm not at all frustrated just anxiously awaiting this buy back to end. I think we are now in the final quarter of it. Sirius stating that their tax rate will be in line at about 32% and stating that they are amortizing the remainder of the settlement over the next 10 Quarters leads me to believe that they are finally ready to allow profits to fall to the bottom line. This will finally allow EPS and P/E to improve at a rate that will appreciate the stock greatly. Every other metric is growing nicely with the exception of the bottom line. If the .03 had hit the bottom line the last two quarters (kept off the bottom line by above) these two metrics would already have improved by 25%. Just think what would happen to the share price if they are able to pull off .04 by Q2/Q3 / 2016. Remember that all of that free cash flow if not used for buy backs could be used to annihilate debt.

Same here Raptor, not frustrated at all really, but like you...anxious, good point. Be nice to see my six figure profit finally a higher six figure profit lol.
08-06-2015, 04:01 PM
midas360

@Raptor... did you catch this link?

Large Inflow of Money Witnessed in Sirius XM Holdings Inc.

http://newswatchinternational.com/ne...ngs-inc-2.html

Quote:

Originally Posted by Raptor

I'm not at all frustrated just anxiously awaiting this buy back to end. I think we are now in the final quarter of it. Sirius stating that their tax rate will be in line at about 32% and stating that they are amortizing the remainder of the settlement over the next 10 Quarters leads me to believe that they are finally ready to allow profits to fall to the bottom line. This will finally allow EPS and P/E to improve at a rate that will appreciate the stock greatly. Every other metric is growing nicely with the exception of the bottom line. If the .03 had hit the bottom line the last two quarters (kept off the bottom line by above) these two metrics would already have improved by 25%. Just think what would happen to the share price if they are able to pull off .04 by Q2/Q3 / 2016. Remember that all of that free cash flow if not used for buy backs could be used to annihilate debt.
08-06-2015, 04:26 PM
MUSCLE13

I tip my hat to Les Moonves at CBS (one of Mel's proteges). CBS up over 3 percent today in this media bloodbath after earnings. Nobody does an earnings concall like Moonves. The guy is absolutely brilliant. If you want to hear how an earnings call should be handled go to CBS' site and listen to last night's call. The guy is great.

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