Sl62
Has anyone ever told you that you look just like JC (not that JC).
When I saw your picture next to your moniker, I thought...damn...crammer has a twin!!!! Then I realized...you aren't quite as cute as crammer in a clown's hat!
Hope you had a good day today!
SL - just got back on here - had one of those days where I kicked back for a short nap and woke up 6 hours later......Originally Posted by sl62
Para...
Confessions of a SIRI(al) stock holder...me too. I was sooo tempted to dump it all @ .42 this morning in pre...as I looked at my broker account page! I loaned Mel quite a few bucks and I can't wait for him to repay me everything I lent him. I was thinking...then I said, nah...not time yet. Just like a fine wine. It's not done until it's ready.
I feel good about this move. Next move up I most likely will take at least half off the table.. Guess it just all depends on the action. Did any of you see that LVLT move in early January when they went from .65 up to 1.50 in like 6 straight up days? Well, that's what we need...a blow out move of that magnitude so we can all just get to promise land no questions asked. Then we all dump (with everyone else) and the thing crashes back to .70 and we get back in. One can hope (even though as I always say, hope is NOT a strategy!). Yes..good luck to all!
Like I was saying .... I'm still following my original plan - which effectively puts me at drawing back approx. 25% to 33% once we hit .49 - .59. That gives me a respectible gain to lock in for any dip and I am definitely more conservative than some others in here. I had an "almost" moment of weakness when I saw things waivering today.... until I calmed down and looked back at the charts for monday.... and realized this is probably just another consolidation... but after ALL we've been through... it's HARD not to preserve some cash as it climbs-early versus waiting yet another day. Luckily COS/KILLER/YOU/REL and the rest keep me on the straight and narrow when I have the itchy trigger finger.....
FNM... where to start....
Yeah - FNM has been my personal hell for a bit.... I'm averaged down on FNM to around 1.20 or so..... so you KNOW today and in AH I was cheering... I think FNM WILL get back up to good highs after the meltdown is in retreat... so I've been sitting tight on it.... averaging down and playing it safe....
You honestly missed the good buy in (I've been undercutting my original SP this past few months down in the double digit range).... and I think you'll see a retreat on FNM over the next few days... but as always I could be off.....
Good luck..
FoolN..
Your issues are noted... but I think his bent, though seemingly predicated on meticulous, gnats-ass fundementals, is more about interpretation of what the company is becoming and growing into--and which will more influence how the stock trades...esp a growth stock like SIRI. The fact is that no owners of SIRI common own it because of exact feet-to-the-fire fundementals. They own it because they feel the company is growing, has a current monopoly, et al, and thus are betting more people want to own the stock too (which drives the price higher and makes them money). IMHO, fundementals are mainly used mostly in stock analysis to determine the perception of growth. And certain metric shortcomings can be and are overlooked in lieu of the promise of future growth in other areas (esp in company's like SIRI who for many years have never turned a profit). Many companies with a decent SP continually operate in the red as well. But yet people still buy the stocks because of positive perception and speculation among other potential buyers...In the case of SIRI's Q4 miss. They missed expectations but still showed enough overall growth (in concert with the debt restructure) to gain a pass and thus no takedown/a move higher. I think this was his point and I agree. The company's more positive future in general right now is driving the price higher (or even the existence of a future LOL).
I think that guy was really just saying this stock IS clearly undervalued for the company they are and the higher multiple under which they could easily be trading...with the revenues they command, sub base, et al... and the perception of what they can accomplish in the future with those tools. It is this perception that will move the stock higher (as long as actual fundementals are generally in line Q to Q). JMO..
I own some Ford as well. It has been doing well over the past few days.
That being said, I think all of these stocks are due for a pullback. As good as it has been, there has to be a red day somewhere. If you look at the most common pullbacks, you see it pulls back about 50% from its initial point. I will call that 0.14. Take the difference (0.38-0.14=0.24) divide by 2 (0.24/2=0.12) and you could see a 0.12 pullback from current levels. That would mean a pullback to 0.26.
This sounds harsh, but you have to realize that this is a 33% pullback, compared to the 300% or more gains that people have pulled in on shares bought at low levels. (for those that bought in at 0.05, today's 40 cents represents 800% return on investment)
I believe this pullback will be TEMPORARY, and the uptrend will continue. Be careful buying at current levels.
Initially (Q3 CC?) Mel said EBITDA even before Capex.
Then, in another quote, Mel and Co. released that they would be EBITDA even WITH capex.
Now, they are saying 300 million EBITDA. That may or may not taken into account capex. They didnt say. According to the Q4 CC, they are launching 2 sats this year. (Q2 and Q4 I believe it was)
JS...
Yeah. Cramer's such a joker I just had to dress him up in his real persona....
Decent day...Ditto...SIRI went up .07 at the open and rocked it all day. Multiple cameos on the CNBC ticker (even a few back-to-backs!). Question is: who in the MSM or pundit community will crack first and actually give SIRI some credit...
I've been considering buying into F for a few days ... Need to do some more research though... I have always liked the products.... and the company...
Had an 83 F150 once... the thing ran forever even as the body fell apart around the frame/drivetrain... amazing damn truck...
I'm waiting for a pullback next week... before I jump into anything else... I think it's a good time overall to HOLD TIGHT.... did well today in SIRI - HGSI - FNM (all up AH)
Now if my XDSL phantom of a company would take off.... I'd be celebrating my luck this weekend...
I personally HATE cramer... or as I like to call him sometime... CREAMER... as in the extra no substance stuff some of you like to drop into your coffee occasionally....JS...
Yeah. Cramer's such a joker I just had to dress him up in his real persona....
Decent day...Ditto...SIRI went up .07 at the open and rocked it all day. Multiple cameos on the CNBC ticker (even a few back-to-backs!). Question is: who in the MSM or pundit community will crack first and actually give SIRI some credit...
I called the CNBC thing.. and it will continue... they are such a joke... anyone can jump on a bandwagon - which they always will do to save face... not a one of them will actually stand on their word - it's all about entertaining the masses and making them THINK cnbc actually has a clue.
Hey - why don't Brandon, Tyler, and Charles upgrade and do a show... that would be REAL entertainment... but we need to talk brandon into wearing the pointy hat...
Sl62
Siri...only up .035 today...Feel cheated! Can get use to .05 -.08 up days.
But Mel gave me back another 3500 today. Need just 14k more to be whole.
Have a great day tomorrow!!!!!
