Sirius XM February 2016 Thread

[MUSCLE13]

Ahmmmm ok i guess.....yet if you bought it 8 months ago your still under water. Congrats on your good week.

What a Debbie Downer! I have no idea how you ever made money in the stock market........Aliases, conspiracy theories. Good Lord. Sorry for feeling good Brandon.........

[airman]

Just 10¢ above the 52wk low. Will we crash through it or bounce? I wish I knew, but to keep aligned with the current market sentiment, I will have to speculate we go even lower.

This is not a prediction but rather my view of possibilities and what I feel may be a probability. Always protect yourself no matter what you decide and do your own due dilligence.

If we do not reclaim 3.46 before the end of the day, I fear that now 3.29 , then 3.27-3.25 is now in the cards at least for a brief test. That should hold though. It is hard to see it losing all support and fall farther than that.
I haven't had time to really work up the chart so here is an older one with a few updates.
https://www.tradingview.com/chart/jx2YP44z/

[dm_4]

This is not a prediction but rather my view of possibilities and what I feel may be a probability. Always protect yourself no matter what you decide and do your own due dilligence.

If we do not reclaim 3.46 before the end of the day, I fear that now 3.29 , then 3.27-3.25 is now in the cards at least for a brief test. That should hold though. It is hard to see it losing all support and fall farther than that.
I haven't had time to really work up the chart so here is an older one with a few updates.
https://www.tradingview.com/chart/jx2YP44z/

good to hear from you airman....you have been spot on with your insight over the years.

[bdp.]

We should hold 3.35 Until charter is done placing it's debt offering unless the market sell-off really accelerates.

You don't think it's already "really accelerating"?

[bdp.]

This is not a prediction but rather my view of possibilities and what I feel may be a probability. Always protect yourself no matter what you decide and do your own due dilligence.
If we do not reclaim 3.46 before the end of the day, I fear that now 3.29 , then 3.27-3.25 is now in the cards at least for a brief test. That should hold though. It is hard to see it losing all support and fall farther than that.
I haven't had time to really work up the chart so here is an older one with a few updates.
https://www.tradingview.com/chart/jx2YP44z/

So, next stop 3.29...

[waldo29]

You don't think it's already "really accelerating"?

I know it feels like it, but not yet. SnP is still 60 points off the 1/20 low. Dow is still [technically] in a retrace channel from that same bounce. Those supports would need to break and then some. The NAZ is just ahead of the others due to having a lot more mo mo, BioTech and FANG type exposure. FX started a little shift this week but it was smacked after the jobs report was read as a positive and the March rate chatter picked back up. EURUSD reversed right @ 61.8%.

Near term, if you want equities to stabilize, March needs to be read as off the table, regardless of that being good or bad for the overall economy. Its the bed we made when we went down the intervention path. Central bank divergence at the end of a business cycle is a bad river to be rowing the wrong way in.

[waldo29]

So, next stop 3.29...

I should add, I don't think 3.35 holds. I just think it holds until the debt offering is fully subscribed. and by 'holds', I mean no closes below.

[waldo29]

This is not a prediction but rather my view of possibilities and what I feel may be a probability. Always protect yourself no matter what you decide and do your own due dilligence.

If we do not reclaim 3.46 before the end of the day, I fear that now 3.29 , then 3.27-3.25 is now in the cards at least for a brief test. That should hold though. It is hard to see it losing all support and fall farther than that.
I haven't had time to really work up the chart so here is an older one with a few updates.
https://www.tradingview.com/chart/jx2YP44z/

Good work Airman

[waldo29]

I should add, I don't think 3.35 holds. I just think it holds until the debt offering is fully subscribed. and by 'holds', I mean no closes below.

Now that I am back in the office, I see that its oversubscribed by 200 mil as of today. I must have misread the PR, I [thought I] read the 19th. Sorry for the confusion on that.

[MUSCLE13]

"Comcast stock trades at a price-to-earnings ratio of 18; Netflix’s is 324 and Amazon’s is 425"

http://www.nytimes.com/2016/02/05/bu...html?ref=media

Kind of reminds me of the old Sirius, Pandora and Slacker debates on here from years ago. Business Models Matter. Remember folks, Sirius is growing FCF per share 20% + per year. 20 times projected 2016 (THAT'S THIS YEAR!) FCF per share = $6. Everybody can argue around that. There is no chart, conspiracy, manipulation theory around that fact. Stocks eventually revert to fundamental values. Sometimes it takes weeks, months or years, but fundamentals always show in the stock price. Always.