all of the autos are up roughly 2% today.
We had a good earnings call, SAAR closing in on 16mil, upgrades and price target increases from multiple analysts..... 21mil volume? and we're at the same SP as pre-market on earnings day.
I worry if we don't break out, this will be just like the battle @ 3.25..... we lost it and got dragged down sub $3 twice.
Last edited by Wolf Child; 08-01-2013 at 03:43 PM.
SiriusXM to Retire $753.5 Million of Debt
Redeems Outstanding 8.75% Senior Notes due 2015
NEW YORK, Aug. 1, 2013 /PRNewswire/ -- Sirius XM Radio (NASDAQ: SIRI) announced today that, on September 3, 2013, it will redeem all of its outstanding 8.75% Senior Notes due 2015 (CUSIP Nos. 82967NAD0 and U82764AB4). As of August 1, 2013, $753,487,000 of the 8.75% Notes remains outstanding. SiriusXM intends to use the proceeds from the issuance of $600,000,000 aggregate principal amount of its 5.75% Notes due 2021 as well as cash on hand to fund the redemption.
http://finance.yahoo.com/news/sirius...200500193.html
Form 4
Frear sells 2mn shares that vested 7/12.......his option price was 2.13.....sold them at 3.76
http://files.shareholder.com/downloa...8-13-17062.pdf
I agree Wolf....we better break out tomorrow into the 3.80s or we will drift backOriginally Posted by Wolf Child
into the 3.60s.............
EDIT: A fill at 3.49-3.51 looms but a pop to $4 would be welcomed before a pullback.......though we still do have a gap at 2.91-2.95 from January 2,2013 that to date remains unfilled......
Last edited by denco1; 08-01-2013 at 05:05 PM.
My thoughts exactly Wolfe, I been thinking the same thing, sure feels a lot like the $3.25 area the first time around. The only difference is Siri is actually firing back this time with good news after good news. If they drag us down we'll pop back just like last time, the charts are definitely in their favor. Management seems to be trying to help us out this time tho, unlike Mel and Co. My finger has been on the trigger for a couple of weeks now, sure would like to pull it in a good way.
Denco, you better shut your mouth, lol, $2.91 gap. I told them suckers, don't hold your breathThey wouldn't never see it, and here you are giving them inspiration and hope again
This debt retirement of over a Half Billion dollars til 2021, ought to help us, imo, to get over this hump. Nice how they strategically released it after the bell. We'll see tomorrow. We've been holding strong, but the longer we stay stagnant, the greater the chance for a pullback, imo, be vigilant and cautious, sell if we fall as to have powder for snitzeldick lower, then unload your powder/wad when he's least expecting it, it won't be the first time for him, I think he likes facials. If we rise take the profits, either way the time is coming to sell, imo.
The way management has been fighting to keep us in the news gives me encouragement. Snitzleman, Suck an Egg!!! I made so much in June/early July, I'll buy ya a hundred dozen. Peace out peeps!!! GLA
Edit: Haven't been able to post as much lately, been working some OT, 12 hr. day today, but Ya'll know I always got my eyes peeled. Be cautious everyone. We all know how this game is played. The question is, are things different? We'll know soon!!!
As far as the launch date with the Russian launch manifest, FM-6 is still on schedule to launch on Aug. 14th, as of July 29th. http://www.sworld.com.au/steven/space/russia-man.txt
Cross you fingers!!!
Disclosure: long Sept. $3.50 and $4's
Last edited by Redcloud; 08-01-2013 at 10:31 PM.
Hey wolfie, just checking in. I hope all is good, thanks for posting. I hope this thing breaks through 3.81 tomorrow. Gotta go,good luck and congrats on your trades. still long and strong here
Whats up PJ!....been a while man. Glad you're still LONGDUCKDONG!
No worries RC........STILL LONGDUCKDONG here and ready to unload and reload as usual with overcore. My point was that even if there is a gap at 3.49-3.51, the 2.91 gap has not filled and may never fill.......so, if the 2.91 doesn't fill, who's to say the 3.49 has to fill. Now, I think it will fill, the 3.49 that is, but stranger things have happened. If this BULLSBALLSGETBIGGER then......you never know. But yes, stay alert and be ready to unload soon, one way or the other with dry to to spray on SCHNIZELMANSAZZ!!.....nyte nyte as the Doc would say......GLTA
i miss the DOC man and his quirky posts!
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