SIRI Monthly Thread August 2015

[user34615145]

I thought Stephen was done with this board? As much as I would like that he were still here. DM are you trying to channel your inner Faulkner? What's this all about? Just curious.

I always valued SF's input. Especially as it related to options. So if he has something to say, I'm all ears but I just don't understand why he can't post his own thoughts under his own name. Does me no good that he channels through DM because (a) I have DM on ignore and that's NEVER gonna change, and (b) I don't know if this is really actually coming from SF. He talked of nonsense as some reason to bow out but this is nonsense of the first order - like passing notes in 3rd grade. He needs to man-up and show up and say what's on his mind.

[dm_4]

We could be moving a bit sooner than you think Midas....this 3.90 area has been a bit over played..

EDIT: No prob DM. I agree...like it read it don't like it iggy it. Personally, I feel he should not have made that type of exit. He could have just gone away for a day a week a month...whatever.
That's not the point though. All SIRI.......good SIRI

EDIT2" And, I always did appreciate his insights/perspective/knowledge

and he enjoyed yours as well i am sure as do I. Now lets bust thru this 4 chit!

[denco1]

On August 11, 2015, our subsidiary, Sirius XM Radio Inc., entered into a new employment agreement (the "Employment Agreement") with James E. Meyer to continue to serve as our Chief Executive Officer through April 30, 2018. The new Employment Agreement is substantially similar to Mr. Meyer's existing employment agreement, other than with respect to certain economic changes described below. The Employment Agreement provides for an annual base salary of $1,800,000 and an opportunity to earn an annual target bonus equal to 250% of his base salary based on the achievement of performance goals established by the Compensation Committee of our Board of Directors. The Employment Agreement does not provide for a specified annual bonus target opportunity for calendar year 2018.

http://biz.yahoo.com/e/150813/siri8-k.html

[midas360]

You make a valid point... I have both of them on ignore and makes for a much more pleasant forum experience. As I've said in the past, I respect Faulkner but there are certain times when I disagree with what he says. He just gets all bent out of shape when someone disagrees with him.

Everyone knows that you can't sit talking about 1 stock all day long when it sits and doesn't move. There's not enough news in a given day to talk about it. It's good that we talk about other economic factors that could influence the stock price.

Don't get me wrong. I am team SIRI but this is getting ridiculous. Everything that can drive a stock price higher is in place but this stock just sits. All the planets have aligned for Sirius XM but again, it just sits there doing nothing. PLEASE GO UP!

Is it safe to assume that BM, Hedy or whatever he logs in as is still replying to ignored posts? That is too funny. I have those ID's on ignore too.

I always valued SF's input. Especially as it related to options. So if he has something to say, I'm all ears but I just don't understand why he can't post his own thoughts under his own name. Does me no good that he channels through DM because (a) I have DM on ignore and that's NEVER gonna change, and (b) I don't know if this is really actually coming from SF. He talked of nonsense as some reason to bow out but this is nonsense of the first order - like passing notes in 3rd grade. He needs to man-up and show up and say what's on his mind.

[dm_4]

I always valued SF's input. Especially as it related to options. So if he has something to say, I'm all ears but I just don't understand why he can't post his own thoughts under his own name. Does me no good that he channels through DM because (a) I have DM on ignore and that's NEVER gonna change, and (b) I don't know if this is really actually coming from SF. He talked of nonsense as some reason to bow out but this is nonsense of the first order - like passing notes in 3rd grade. He needs to man-up and show up and say what's on his mind.

User: I don't care if you are keeping me on ignore. Am not asking you to take me off. I continue to respond to you and midas only so the rest of the board can see what truly negative anti siri guys you really are. You can believe whatever you want. If i want to pass tidbits on so be it. How do we know you aren't a midas alias? Bottom line take whatever is posted here with a grain of salt. Like denco stated....like it read it...dont like it ignore it. Man the midas camp really has to chill out lol. Seems like i have struck some sort of nerve, lol. too funny.

[dm_4]

You make an valid point... I have both of them on ignore and makes for a much more pleasant forum experience. As I've said in the past, I respect Faulkner but there are certain times when I disagree with what he says. He just gets all bent out of shape when someone disagrees with him.

Everyone knows that you can't sit and talk about 1 stock all day long when it sits and doesn't move. There's not enough news in a given day to talk about it. It's good that we talk about other economic factors that could influence the stock price.

So my question to you Midas (even tho i am on iggy) is if according to you it sits and doesnt move and is like watching paint dry then why be here at all? It its a fair question to your statement is it not? I may be on iggy but i know you see all posts when you want to and knowing that...i think some here might like that question answered. But hey if hiding behind "iggy" works for ya so ya dont have to answer valid questions...then hey whatever works for ya lol. Why expend so much energy posting useless news articles that most see on their own anyway. Need the attention that bad? Cant and dont you talk about anything and everything in your chat? Yet you spend all day here? Just asking lol.

[dm_4]

I bot 10K shares of Sirius XM and will average down if needed.

Care to share a screenshot of this purchase?

[dm_4]

http://biz.yahoo.com/e/150813/siri8-k.html

saw this earlier in my mail box but when i clicked on it would not open. thanks for posting.

EDIT: So Myers is locked in until this time 2018. Guess who said they love Myers not to long ago? Stern!

[dm_4]

A little more insight from SF before i head to lunch

The 20 usually holds at this point in a break, and the 50 crosses the 100 and BAM up it goes. This could all be seen coming like 7 or 8 months ago... and it has worked out almost exactly. Plan ahead and take the trade, even when it looks scary.

Consider this. Others will be thinking similarly to me here. Trust me... and I'm not seeing enough range after today's move to bother shorting $4 against the calls. I think after today you can't get 5 cents and if you can't pick up twice that at 10 cents then it's not worth it. There is a CHANCE of it going to the 50 day again but SIRI has been outperforming the market considerably since the Q2 call (even if it does seem stagnant to most). there is also a CHANCE it drags and the 10 cent play runs for another 6 weeks... that would bore the shit outta everyone and people would piss and moan and say how shitty SIRI is and whatnot (good time to not load up forums / Seeking Alpha if it does ! lol)

[user34615145]

Bought 200 FDX here . Lower fuel costs have got to be helping them and we are going into the holiday season. Will probably sell covered call contracts against them at some point but not now.