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  1. bdp. is offline
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    05-01-2017, 07:57 AM #41
    Quote Originally Posted by dm_4 View Post
    Gonna do the same mon and tues.
    Historically, it seems like it takes about 6 trading days after a CC to bottom out. I'm going to see where the sp is at the end of the week before I buy more.

  2. midas360 is offline
    05-01-2017, 02:03 PM #42
    You didn't get any when it hit $4.88 today?

    Quote Originally Posted by bdp. View Post
    Historically, it seems like it takes about 6 trading days after a CC to bottom out. I'm going to see where the sp is at the end of the week before I buy more.
    I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT

  3. bdp. is offline
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    05-01-2017, 05:13 PM #43
    Quote Originally Posted by midas360 View Post
    You didn't get any when it hit $4.88 today?
    Unfortunately no. I did pull the trigger on a tiny 1000 shares though. Hopefully the SP rises from here. I think I may have bought too high otherwise. (Bought a sizable block on Friday at 4.96) Keeping my fingers crossed that this doesn't backfire on me!

  4. midas360 is offline
    05-01-2017, 06:55 PM #44
    You will be ok. You can always avg down more if it decides to drop further. I can't believe no one has gone after Sirius XM. This is the perfect environment for M&A activity.


    Quote Originally Posted by bdp. View Post
    Unfortunately no. I did pull the trigger on a tiny 1000 shares though. Hopefully the SP rises from here. I think I may have bought too high otherwise. (Bought a sizable block on Friday at 4.96) Keeping my fingers crossed that this doesn't backfire on me!
    I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT

  5. SN38 is offline
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    05-02-2017, 10:32 AM #45
    Quote Originally Posted by midas360 View Post
    You will be ok. You can always avg down more if it decides to drop further. I can't believe no one has gone after Sirius XM. This is the perfect environment for M&A activity.
    M&A activity would/should pick up when Trumps repatriation of overseas money occurs

  6. SlapShot27 is offline
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    05-02-2017, 12:33 PM #46
    What do you guys think? Everyone scrambling- at the last minute- to cover their margin calls, thinking we were going to get a pop after the C/C???

  7. midas360 is offline
    05-02-2017, 01:59 PM #47
    I could not agree more. I hope SIRI is part of a deal soon.

    Quote Originally Posted by SN38 View Post
    M&A activity would/should pick up when Trumps repatriation of overseas money occurs
    I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT

  8. midas360 is offline
    05-02-2017, 02:00 PM #48
    Here is why I think we are down. Not a good sign right now. May explain todays dip.

    Auto Makers Report Steep Sales Declines in April The slowdowns raise the prospect that car companies may need to curtail production By Adrienne Roberts Updated May 2, 2017 10:28 a.m. ET Detroit’s auto makers signaled the U.S. auto industry’s hot streak is rapidly cooling, reporting steep declines that include sluggish demand for the trucks and SUVs that have fueled record profits for domestic players.

    General Motors Co. and Ford Motor Co. reported declines in April of 5.8% and 7.1% respectively compared with the same month last year. The slowdowns are sharper than expected.

    Quote Originally Posted by SlapShot27 View Post
    What do you guys think? Everyone scrambling- at the last minute- to cover their margin calls, thinking we were going to get a pop after the C/C???
    I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT

  9. njbones1 is offline
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    05-02-2017, 02:49 PM #49
    A .20 drop for SIRI is a lot. 4.77 now, was 5.40 a couple weeks ago

  10. bdp. is offline
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    05-02-2017, 02:53 PM #50
    Quote Originally Posted by midas360 View Post
    Here is why I think we are down. Not a good sign right now. May explain todays dip.

    Auto Makers Report Steep Sales Declines in April The slowdowns raise the prospect that car companies may need to curtail production By Adrienne Roberts Updated May 2, 2017 10:28 a.m. ET Detroit’s auto makers signaled the U.S. auto industry’s hot streak is rapidly cooling, reporting steep declines that include sluggish demand for the trucks and SUVs that have fueled record profits for domestic players.

    General Motors Co. and Ford Motor Co. reported declines in April of 5.8% and 7.1% respectively compared with the same month last year. The slowdowns are sharper than expected.
    I believe you're spot on!

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