SIRI Monthy Thread January, 2015!!

[denco1]

Hopefully this time will be different. We were in a downtrend at this time last year. The offer was made in early January that gave it a temporary pop. The uncertainty of the ratio and hedging as a result caused LMCA to tank and took SIRI with it. Then in early March the POS pulled the BS ratio offer off of table which basically dealt the final blow as we found ourselves in a year long downtrend/consolidation.

Many things have changed since. Primarily very good company performance and share buy back to lower float in addition to the removal of the toxic debt/covertibles all while the stock has stayed stuck in a pile of MaloneCo ....we are on the other side of the setup IMO

[dm_4]

Hopefully this time will be different. We were in a downtrend at this time last year. The offer was made in early January that gave it a temporary pop. The uncertainty of the ratio and hedging as a result caused LMCA to tank and took SIRI with it. Then in early March the POS pulled the BS ratio offer off of table which basically dealt the final blow as we found ourselves in a year long downtrend/consolidation.

Many things have changed since. Primarily very good company performance and share buy back to lower float in addition to the removal of the toxic debt/covertibles all while the stock has stayed stuck in a pile of MaloneCo ....we are on the other side of the setup IMO

good point on the downtrend. We are starting differently this year. fingers crossed.

[dm_4]

Well, well, well looks like SIRI has some company....welcome to the courtroom Sony, Apple and Google.

http://www.bet.com/news/music/2015/0...972-music.html

[kelly0995]

good point on the downtrend. We are starting differently this year. fingers crossed.

good point's denco/dm4.......i agree..............let's hope 3.66 becomes as strong a support as it was resistance in the coming months .......

[denco1]

Looks like our little pooch is acting quite determined to break this resistance point on this macro dumpday

Oh the irony of it all

[denco1]

Come on BonerBoy!....don't let me down. It's HogSmoker until you break through!!

[dm_4]

Come on BonerBoy!....don't let me down. It's HogSmoker until you break through!!

sold my 350's at 365

[Wolf Child]

I can understand buying the dip this am when the DOW was down 200pts (I did), but who the Hell is buying the 52 week high while the 3 majors are down over 2%?

Glad to be here but it don't pass the sniff test.

SOLD OUT until futher notice

[denco1]

Sold yesterdays $3.58s at 3.64/5 yesterday. Bought the dip this morning and still holding a portion of it to see if HS can become BB. Still long core...and have no plans to sell any time soon.

[JR999]

Thanks for the article Stephen. I don't always follow all the technical details (that's on me not your writing) but understand the themes you are offering which are helpful as I evaluate my thinking on the topic. This particular article was very easy to follow and well written. It would be helpful for me to see further gain as I am closing in on fixing my mistake from last year and can then stay focused on the longer term view I would like to maintain. Thanks!

http://seekingalpha.com/article/2854...for-a-breakout