SIRI Monthly Thread November 2014

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11-02-2014, 09:53 PM
midas360

SIRI Monthly Thread November 2014

It's November and I am starting off the monthly thread. :)

Good luck to everyone!
11-03-2014, 11:15 AM
Wolf Child

Back above the 200, 100 & 50

locking in some gains from my 3.30 buys last week. too quick of a move up.
11-03-2014, 11:46 AM
dm_4

Quote:

Originally Posted by midas360

Good Monday November Morning! Hope everyone had a nice Halloween weekend! Let's make some money!

Original Analysis from October: "SIRI will sell off over the course of the next quarter, its momentum down will be based largely on the large market sell off. It could get there a bit before or a bit after. So I’ll say over the next 3-4 months. The large market sell off will be attributed to some of the same things I mention will impact SIRI. Example: many of the corp buybacks will ’slow down’ because of the stress in the high yield credit markets. Corp buybacks have helped inflate the equity market (read: help increase the multiple). I can;t tell you when it will end only where its likely to end. But, I will only tell you the move has begun, and we should see a resolution over the next 3 to 4 months. It's not a one day event, its normalization."

Glad i didn't listen to you when you were urging us to go to cash a few weeks ago and buy siri much lower....i would have been buying back into siri at a much higher price. You would have costed me a small fortune.

Siri on fire today.....great way to start November!!
11-03-2014, 11:47 AM
dm_4

Quote:

Originally Posted by Wolf Child

Back above the 200, 100 & 50

locking in some gains from my 3.30 buys last week. too quick of a move up.

Nice way to start a Monday :)
11-03-2014, 11:59 AM
dm_4

ok so what gives....why the strong start today....no gap to fill this am either. some good news maybe coming?

Maybe its due to the broadband spin off.
11-03-2014, 12:35 PM
Raptor

Spin off could be one of the many reasons / Share count falling /profits increasing / enough buyback dollars approved to take the count at least 1/2 billion shares lower even at higher prices/ Institutional up 1% means Liberty went up 2/ if these shares come from reets not many will be holding when their done/Huge tax bill shown being paid on financials but we know that's not true./ Every sub added is worth more than the last and what is it that he said 70 percent profit now on each add. If you ask me the time is nearing when this baby is going to run. No place left to stuff rapid free cash flow growth.
11-03-2014, 01:05 PM
dm_4

Quote:

Originally Posted by midas360

dm... now you know I didn't say that but it's not surprising that you are accusing me of it. That's what crooked lawyers do I guess. Hopefully you took advantage of it.

Try and spin it all you want...its all in the October thread. We all know what you said. Just sold some of my siri trading shares for a nice tidy gain :money:. Again....really glad i did not listen to you. Anyhoo...good luck!!
11-03-2014, 01:23 PM
Wolf Child

dm, we all know what he said...... and what he meant
11-03-2014, 01:28 PM
dm_4

Quote:

Originally Posted by midas360

dm... now you know I didn't say that but it's not surprising that you are accusing me of it. That's what crooked lawyers do I guess. Hopefully you took advantage of it.

Here is a tidbit to refresh your memory from october thread...on 10/10/14 MidASS says:

"Play this smart. Build a cash position and buy below $3. $3.16 low of day. Equity markets open Monday too."

I stand by my comment....if i had listened to you i would have lost out a small fortune. Nuff said!
11-03-2014, 01:40 PM
dm_4

Anyone buying here or waiting on a pullback?
11-03-2014, 01:54 PM
denco1

Quote:

Originally Posted by dm_4

ok so what gives....why the strong start today....no gap to fill this am either. some good news maybe coming?

Maybe its due to the broadband spin off.

Liberty CC tomorrow could also be contributing to the strength in addition to the spin and subsequent moves as a result that should manifest themselves sooner rather than later.

http://ir.libertymedia.com/events.cfm
11-03-2014, 01:55 PM
dm_4

Quote:

Originally Posted by midas360

Yup. Waiting on a pull back to $2.75.

Hows that working out for ya so far? :thumbup:
11-03-2014, 02:14 PM
dm_4

Quote:

Originally Posted by denco1

Liberty CC tomorrow could also be contributing to the strength in addition to the spin and subsequent moves as a result that should manifest themselves sooner rather than later.

http://ir.libertymedia.com/events.cfm

Thanks Denco, i forgot all about Lib CC.
11-03-2014, 02:22 PM
dm_4

Quote:

Originally Posted by midas360

Patience my good man. Patience is not simply the ability to wait but how we behave while we're waiting. It's bitter but its fruit is sweet. Did they not teach that in law school or did they just stick to ambulance chasing 101? :)

So I will take that as its not working out for ya real well so far. Your right with your patience theory thingy tho...with just a little more patience you can buy it at 3.75 instead of 2.75. Hang in there kid!! :thumbsup:
11-03-2014, 03:03 PM
bdp.

I was also under the clear impression that Midas was recommending building a cash position at levels much lower than where they are now in preparation for the 2.75 bottom. If I agreed with him and acted accordingly, I would be vomiting my brains out right now. Fortunately, although I consider everyone's opionion as a basis for further investigation, I NEVER base my trades solely on heresay. What is most annoying here is there is a general face rubbing in a pile of "I'm a genius and I told you so you idiot" sh!t. This is why I bailed out of that horrid Satwaves blog long ago. There was nothing productive or of value happening there. Just a lot of nonsense. My question is, why would anyone trade solely according to the opinion of anyone here anyway? Also, I would never claim to be able to predict the future and try to convince a group of people I am right. Perhaps it is best if there is something of substance to share, share it as your personal opinion and not as an inevitable fact. As you can see, it just makes Midas look as arrogant as his Einstein avatar implies. So if everyone can continue and not dig too much deeper into this. It is truly a waste of time.
11-03-2014, 03:18 PM
Wolf Child

Barrington Research: Sirius XM Execution Remains On Track

Read more: http://www.benzinga.com/analyst-rati...#ixzz3I2Dq49Rn
11-03-2014, 03:44 PM
bdp.

Quote:

Originally Posted by Wolf Child

Barrington Research: Sirius XM Execution Remains On Track

Read more: http://www.benzinga.com/analyst-rati...#ixzz3I2Dq49Rn

Sweetness!
11-03-2014, 04:32 PM
Wolf Child

$8?!?!

https://www.flashratings.com/stocks/...I?src=stks&t=7

that would change my life
11-03-2014, 04:36 PM
denco1

They must be mixing in XSR.TO coverage with SIRI as being one in the same....RBC has a target of SIRI in the $4s I believe.

EDIT: Same here Wolfie.....would be a dream. Stranger things have happened though....like the Nov/Dec 2004 run....that would be life changing indeed.:googley:
11-03-2014, 06:31 PM
bdp.

$8? And a market cap of over 40 bln?

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