Sirius XM January 2016 Thread - Happy New Year!

[bdp.]

I get the impression today's posts were a setup between you and DM? You bait me asking what I think and like clockwork you and DM attack right on queue. Amazing.

Then you toss a few softball posts to him while calling me names? It's like grade school all over again.

That's completely rediculous and you know it.

[bdp.]

I am asking you your opinion because I value it. But accusing me of baiting you is negating that.

[midas360]

I don't know you but I do know DM. I wouldn't put it past him. If you think it's so rediculous then don't you find it odd that he rolls in while you and I were trying to have a dicussion on the economy? I mean, you and I were fine until he rolled in and stirred it up. He comes in, calls people names, stirs them up and then tells them to "calm down" that he was just "kidding?"

That's completely rediculous and you know it.

[bdp.]

I don't know you but I do know DM. I wouldn't put it past him. If you think it's so rediculous then don't you find it odd that he rolls in while you and I were trying to have a dicussion on the economy?

I understand, and I know it's difficult to do, but if someone appears out of nowhere to attack you, just ignore it, unless there's nothing better to do. The dough boy thing was a sore spot for you and I shouldn't have even mentioned it., even though I thought you were probably beyond that. I apologize.

[midas360]

I know you were. I have no ill will toward you. As far as I am concerned, I never had a problem with you. I actually like your posts. If I knew what the markets were doing, I would be short or long via ETF's. I was shorting the markets when the indices got into 52 week high territory. I was doing well. What I didn't see was how fast the "dip" was going to happen so naturally the short trade got away from me. I didn't want to short the indices when they were down 5% as I too thought the markets would pop back up. So now I sit and wait. I am not going to buy or short at this point in time.

I am asking you your opinion because I value it. But accusing me of baiting you is negating that.

[bdp.]

As far as the market goes,like everyone, I want to make money and bank it. This remorse of holding too much for too long sucks hard! But I truly don't believe it will go down to catastrophic levels.

[midas360]

You don't even know me to say that. HAHA. Oh well... I just found it interesting that DM rolled in and that you made the comment. It seemed orchestrated. Still does to me.

Let's just be honest... when you are long a stock and own as many shares as you do, the only opinion about Sirius XM is a positive opinion. No one that is holding 50,000+ of a stock likes to hear about how the stock is going down or how it could go to $2.75. blah blah blah. That's the real problem with this forum.

Intead of calling this forum the Sirius XM Forum, it should be called the Bullish Only Sirius XM forum because anything else is not wanted

I guess what I am saying is the sore spot for this entire forum was "SIRI is going to $2.75." This was a clean sweep hitting everyone's sore spot.

I understand, and I know it's difficult to do, but if someone appears out of nowhere to attack you, just ignore it, unless there's nothing better to do. The dough boy thing was a sore spot for you and I shouldn't have even mentioned it., even though I thought you were probably beyond that. I apologize.

[bdp.]

You don't even know me to say that. HAHA. Oh well... I just found it interesting that DM rolled in and that you made the comment. It seemed orchestrated. Still does to me.

Let's just be honest... when you are long a stock and own as many shares as you do, the only opinion about Sirius XM is a positive opinion. No one that is holding 50,000+ of a stock likes to hear about how the stock is going down or how it could go to $2.75. blah blah blah. That's the real problem with this forum.

Intead of calling this forum the Sirius XM Forum, it should be called the Bullish Only Sirius XM forum because anything else is not wanted

No, not orchestrated at all, but what can I do?

As far as Sirius, of course I want it to increase in value as anyone with a long position in any equity does. What is bothersome is to interject negative information that seems to have the sole purpose of causing a defensive reaction. The time when you posted Waldo's 2.75 price target, it was when things were already stressful for longs as the sp was sinking. I too have a tendency to latch onto the negative when presented with it, but I also try very hard to understand and discover what lays beneath such claims. Is it fact or fabrication and is there an agenda behind it? I can say right now that Sirius will go to $6 by year end and will get little or no reaction. Or I can say that according to my charts and other reliable information, Sirius is going to soon plummet to $1 and everyone (whoever is left) will react defiantly.

[midas360]

Nothing I guess. You nor I can control what DM does. Good point.

Anyway, if you don't think the indices are going down much further, you should start buying. I don't know if I would buy all my shares at once though. Maybe we should give ourselves the opportunity to "average down" if they decide to go down further. Remember, market sentiment is negative right now. Anything can happen with that kind of view on the markets. GL!

Something tells me the sell off is interest rate and oil related. Oil dropping below $30 is really spooking the markets. Why? I have no idea. Lower oil prices means lower gasoline prices means more money for the consumer and businesses to spend.

No, not orchestrated at all, but what can I do?

As far as Sirius, of course I want it to increase in value as anyone with a long position in any equity does. What is bothersome is to interject negative information that seems to have the sole purpose of causing a defensive reaction. The time when you posted Waldo's 2.75 price target, it was when things were already stressful for longs as the sp was sinking. I too have a tendency to latch onto the negative when presented with it, but I also try very hard to understand and discover what lays beneath such claims. Is it fact or fabrication and is there an agenda behind it? I can say right now that Sirius will go to $6 by year end and will get little or no reaction. Or I can say that according to my charts and other reliable information, Sirius is going to soon plummet to $1 and everyone (whoever is left) will react defiantly.

[bdp.]

Aside from the macro sell off, the anticipation of soft auto sales is not making me feel so happy about Sirius right now.