Frear at Deutsche 11:45 est http://investor.siriusxm.com/eventde...EventID=150741
Printable View
Frear at Deutsche 11:45 est http://investor.siriusxm.com/eventde...EventID=150741
Guessing it will be a rehash of what we heard a few weeks back with additional insight on new lower tier package.
Walking the Puppy down......shocker! ;)
SIRI is a dead dog .
So.... here we are at the 200 day.... F@CKIN' REALLy?! The 200 Day?!
these hedge funds are pure evil
Hedge funds want to load the boat before cc run up.....gotta get a good buyback price as well for siri....hopefully they are buying.
Just checked back to May 2013, over 18 months ago $3.40, sick.
It's hereQuote:
Originally Posted by Faulkner_SA
Yeah I bought a few days ago to lower my cost basis. Uninterested at the moment in playing with any more Oct. 3.50's although this is the point to commit capital if you feel it will bounce (I'd expect it to). The degree of the bounce is "the question" (Jesus Christ I hate when people say something and then say that it "is the question" but I can't friggin get around it here...).
I'm looking for 35 cent move once it commits, from the 200 day, so just about 3.80 and I'd look for that leading into the Q3 call.
Could also make a case for it leading into Q3 around 3.50.
All going to depend on trader activity. Stop blaming hedge funds lol :) Price moves based on a lot of market participants. It's not like the thing is being shorted... the SI has been dropping at these prices.
Many better places to put money to work.
I sold 50% of my position at the close yesterday. Still gonna day trade and still gonna play the CC's but not with as large of a position. This stock sucks. This stock has sucked for a year. This stock will continue to suck. Geezus, we don't even get a divi to help sooth the relentless pain that comes with being long. Actually took my first loss on SIRI but I will make it up with a quality stock.
ps .... crashing through the 200 day
because of what? because it's a shitty stock. Period.
Thinking of playing this dip right here with some of what you sold yesterday at all? 3.33 right now
tempted just because it is a gain of sorts but I really don't want to be invested in this company any more.
I have ignored my instincts for a very long time. Big mistake.
Looks like today could be a siri buyback day!Quote:
Originally Posted by dm_4
You nailed it.Quote:
Originally Posted by dm_4
My insticts have always told me to stay out while they are in buyback mode. They looooove 3.25
Sadly, I will buy this BS dip because it should fill back up to 3.41 at some point.... I will sell then again.
Just bough back a bunch @ 3.35.... I clearly have a problem
lol wolf...i clearly have a problem as well as i too am scrambling to free up some money to buy here.
What is it with Sirius that keeps so many of us hanging on while it consistently proves itself to be long dead and rotting? I am feeling pretty humiliated right now...
i think because we know that even tho they walk it down.....they evenutally walk it back up. Ex....Last march....siri take down from 3.40 level to 3.00 level....then six months later its 3.65. Now they take it from 3.65 to 3.30ish level and in a few weeks prob catch another run up to 3.65 level.
Unless they release some sort of negative news near cc such as lawsuit damages, etc....then it gets taken down again prob to 320 level....where of course they continue with the buybac spree. I def think today and next couple of days are buyback days. volume was fairly big first hour of trading today.
Hmmm. The thing that gets me pissed is how they are doing it. For example, they finally came out with their appeal against the turtles ruling, but at the same time, agreed that they, as well as all broadcasters and music providers, "should all be required to pay" for all pre 1972 recordings including the Beatles, Rolling Stones etc... Does that do anything for investor confidence? No! Just tells me that Sirius seems to want to and is going to end up paying a huge settlement. It is yet another example of Sirius shooting themselves in the foot in order to put negative pressure on the stock to help fulfill an agenda. As we all know, the sp rises and falls like clockwork. So in this sense, it is an extremely predictable investment and ideally should be traded and not held. To hold long is turning out to be the absolute worst strategy and has prevented many of us from acquiring substantial gains by placing money elsewhere.Quote:
Originally Posted by dm_4
I am going to hold until 4th qrt cc in late feb at that point if stock is doing same ole shit as its been doing.....im selling my entire position and will walk away happily will with a six figure profit. Last march they did the same thing....getting old but the stock took a hit on some bs news. something to do with the 3.68 deal aftermath....this time its the royalty lawsuit, in dec/jan it will be the converts.....etc. Seeing a pattern here?
Above average volume so far. my guess.....if they are buying back...goes lower tomorrow.