Well, the 2/17/09 debt issue is old news. 60% spike close to what I expected.
Q4 earnings are expected to be announced before market hours on February 23, 2009 Estimates- High : -0.06 | Med: -0.066 | Low: -0.08
Any one wants to take a bet ?
I'd say they will be on the High side: -.06 perhaps -.05. If that is the case I expect the stock to trade in .15-.20 range before 2/23 and then spike to .22-.25
ps: I spent close to $1,000 USD on SIRI today. Now I am the proud owner of 5200 shares & 8 naked calls. I sold 32 calls and 20 puts. I have an open order to sell another 20 calls.
Not much, but like I said, I am quite conservative compared to you guys. I will see tomorrow if I spend another grand on SIRI and maybe another one Thursday and another Friday before the earnings. It will all depend on how I feel about it...
ps: I am accumulating cheap Delphi debt also. They'll come out of BK...