@Muscle... i know it's a few months old but did you ever get a chance to read this article back in April 2015? I've always been surprised that Mel has never been hired on as a "consultant." Guys with his experience normally get a 3 year consulting gig to stay around for advice, etc...
Karmazin: CBS and Time Warner Inc. need to merge
http://www.fiercecable.com/story/kar...rge/2015-04-14
Invested in CBS and Time Warner over the years because of Mel's public comments, Moonves leadership, and HBO competing with Netflix. But I am much higher on Sirius and Comcast. I think Sirius should be valued at $5 right now (20 times FCF per share). And I think Comcast should be $100 within 2 years (12 times EBITDA). I am a big believer in cash flow and stock buybacks and Sirius and Comcast are best in both. Media Cash flow machines.Originally Posted by midas360
If CBS and Time Warner ever did merge, I would definitely invest a lot more in them, especially if Mel was involved in any way. Heck I still wish Mel was running Sirius. But that's just a dream.
Last edited by MUSCLE13; 08-03-2015 at 01:33 AM.
Markets so far look flat setting up for today.
Oil is leading commodities lower, with Brent Crude down again, and metal also taking a hit. Chinese stocks slid on economic concerns and European equities rose on earnings. Greek shares slumped as today marks the opening of trading there after the five-week market suspension due to their financial issues. Closer to home, the 10 year is at 2.19, go figure. September rate hike is still very much on the table but at this point the mkts have priced that in. Puerto Rico is gonna default but so far no one seems to care much.
oh, but AAPL is up in Pre-market so perhaps my Aug 7 120 and 122 call will get a boost today.
So hang on folks for another ride on the stock market roller coaster! Good luck all!
Anyone here have experience trading the VIX..either with the etfs like VIXM or VIXY or just trading VIX options?
Every time I've taken a position in the past on the VIX, I've lost money - it's been like flushing money down the toilet. But with the "Fear Index" at a comatose 12 I'm thinking about wading back in as I anticipate things getting a more "interesting" as we get closer to some potential fed action in September. I know I just said above that it seems the market has priced in some kind of hike but the more I think about it, the more I suspect that even if the market has "priced in" fed action, investors will get restless as we get closer to the Fed Mtg. It doesn't really matter if they raise rates or not, but just that the mkts will start getting antsy as the meeting gets closer.
Thoughts anyone?
Auto numbers have reported for month of July and continue to be very strong! ! Off to the beach for 3 straight day in old orchard beach maine. Weather is nothing short of spectaculr. Have a great day everyone!!
Fiat Chrysler sales beat expectations
US auto sales are 2 for 2 in beating expectations.
Read more: http://www.businessinsider.com/july-...#ixzz3hkwRmvR2
US Auto Sales Strong in July on SUV, Luxury Demand
DETROIT — Aug 3, 2015, 8:47 AM ET
By DEE-ANN DURBIN AP Auto Writer
http://abcnews.go.com/Business/wireS...emand-32847239
Faulkner_SA,
Sad to see you go. I only check in on occasion and post even more rarely.
It is an annoyance to have to skip all the troll based posts. But there are nuggets from time to time.
Ford killed it!! #boomsiri!!
I used to trade the VIX options but never the ETF's. Thanks for posting the ETF symbols. I've been trading the short ETF's on the indices Short Dow (SDOW), Short NASDAQ (SQQQ), Short S&P (SPXU), Short Biotechs (BIS). I am going to add these to the list.
So were you saying that you were unsuccessful trading the ETF's???
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