SIRI Monthly Thread October 2015 (with NFL Chat)

[midas360]

HEY lbowa!!!

[midas360]

Hmmm... oooooh k.

If I had no faith I would sell it all. Like DM, I am looking at the macro charts and anticipating another big drop. Sell high, buy low.

[midas360]

Good luck!

FYI, My NFLX Nov 20 $100 covered call order filled for $5......should have held out for more....those calls are currently going for over $6 but what the heck....If they get called away - and I expect they will -I will have made $7.65/share in premiums on a combination of the puts and the calls.....7.65% return for 6 weeks....not too shabby. And that's not counting the $93.50 puts I sold this morning for $2.10...however, there's a lot of time between now and op-ex on both of those contracts and a lot can happen. Best not to count any chickens before they hatch. Stay tuned and I'll follow up if/when I close out the positions or get exercised.

I was not able to get the $.15 I needed for the SIRI $4 puts. If tomorrow is another down day for SIRI I might be able to get $.15 then but I may revisit my rational before I let that fill.

[dm_4]

What is the rush with selling SIRI shares this time around? If you truly believe the stock is doing as well as they say, eventually the stock price will reflect it UNLESS you believe the current stock price reflects it? If your goal is to sell hoping to get back in at a lower price, that makes sense. It appears that a lot of you are ready to unload your core shares?

If I had no faith I would sell it all. Like DM, I am looking at the macro charts and anticipating another big drop. Sell high, buy low.

Hmmm... oooooh k.

+1 bdp

Dough Boy asked whats the rush in us wanting to sell? What rush is Dough Boy referring to??? I have held this stock for SIX years. I have made damn near a qrtr of a million dollars profit with it. That type of profit is not to shabby for what was once a penny stock and in that relatively short time span. Hard to believe a year ago Dough Boy screaming this stock would go to $2.75 and is yet now puzzled by the fact we want to sell hopefully in the $4.10 - $4.20 area! Don't forget this is the same Dough Boy that was pushing everyone to sell at $3.15 this very same time last year. The funny part is his whole reason for urging people to sell at $3.15 and why $2.75 was coming was based on....wait for it.....the Macro environment! lol. Need a refresher for his reasoning's just go back and visit last oct/nov thread. They are still available. Now he is asking whats the rush? And this is why Dough boy is Dough Boy!

Bdp you are correct in also pointing out we are not selling ALL our position. Personally for me i am looking to sell approx half. At least for now thats the game plan. Like you, i have said this for the last few qrtrs and for some unknown reason I also have failed to pull the trigger. As of right now tho....im taking aim. For me....Its finally time to take some profit. Is that so wrong?

[midas360]

He doesn't know the difference. He's 100% clueless. There's something wrong with his Medulla Oblongata. Too funny... basic math too. HAHAHA

Edit: He claims to have 6 figure core holding. I find it hard to believe with these kind of comments. HAHAHA He had 6 figures in Marijuana Stocks but he lost it all. UP IN SMOKE! When experienced that loss, he got unruly like he did here. He was banned.

Hey dufus, .05% and 5% are different things.

[dm_4]

He doesn't know the difference. He's 100% clueless. There's something wrong with his Medulla Oblongata. Too funny... basic math too. HAHAHA

I know the difference between $2.75 and 4+ tho!

[midas360]

I wonder if SIRI can hold today's gain or will fall off like it normally does. Here's to HOLDING today's gain!

[bdp.]

He doesn't know the difference. He's 100% clueless. There's something wrong with his Medulla Oblongata. Too funny... basic math too. HAHAHA

Edit: He claims to have 6 figure core holding. I find it hard to believe with these kind of comments. HAHAHA He had 6 figures in Marijuana Stocks but he lost it all. UP IN SMOKE! When experienced that loss, he got unruly like he did here. He was banned.

Gay

[midas360]

Not surprised... Takes one to know one. You and Rosie O'Dannell are meant for each other. HAHA

rosieodonnell2.jpg

Gay

[dm_4]

Not surprised... Takes one to know one. You and Rosie O'Dannell are meant for each other. HAHA

rosieodonnell2.jpg

bdp don't bother with this chump of a dough boy. We all here know who the TRUE siri longs are and we all know he ain't one of us. Lets focus on the next few days man. Good luck brotha!