No Nonsense Sirius XM November Thread

[user34615145]

I was wondering if any one could give me their input. I own LBRDA,LBRDK,LMCA and LMCK. Would I be better off to sell LBRDA,LBRDK,LMCK and purchase more LMCA. I'm new and still in the learning mode. Thanks very much.

Hey wfj, thanks for posting. Unfortunately I think the lack of response from anyone on this thread is pretty much indicative of our total cluelessness when it comes to Malone's alphabet soup of Liberty stocks. It's either that or everyone was tailgating and drunk all weekend. I know, at least for me it is the former. Sorry, but I can't help you with Liberty stock.

[wfj]

Thanks for the reply. Just wasn't sure if I would be better to own more LMCA than the others.

[dm_4]

Wow what a turn around with the futures....last night in the red 65 pts and this am plus 30. Guess France bombing ISIS targets all day yesterday had a positive impact!

[midas360]

Warren Buffett's Berkshire Hathaway takes new AT&T stake, boosts GM holdings
BY MarketWatch — 7:34 AM ET 11/16/2015

Warren Buffett's Berkshire Hathaway ( BRK/A ) increased the value of this equity holdings to $127.41 billion during the third quarter from $107.18 billion in the second quarter, as it took a new stake in AT&T Inc. ( T ) and boosted its holding in General Motors Co. ( GM ) , regulatory filings show. As of Sept. 30, Berkshire owned 59.3 million shares of AT&T (T), after owning none of the telecommunications giant's stock as of June 30. Berkshire's stake in GM increased by 22% to 50 million shares from 41 million shares. AT&T's ( T ) stock slid 8.3% during the third quarter and GM shares shed 9.9%, while the S&P 500 slid 6.9% during the quarter. Among other moves, Berkshire trimmed its holding in Wal-Mart Stores Inc. ( WMT ) to 56.2 million shares from 58.3 million shares. The discount retailer's stock fell 8.6% during the third quarter.

[denco1]

Hey Denco....Don't look now...but Dallas still in it lol. My pats helped your boys by beating Giants in ny on last second play. If you guys can string some wins together....you guys could be right back in it lol. Crazy chit

Unreal that they still have a shot. I agree with Midas in that they don't deserve to win anything with such a poor showing with Romo out. One Fng game in seven they couldn't even win, not 1. Longest loosing streak since 89.....Troy's rookie year.

[denco1]

I was wondering if any one could give me their input. I own LBRDA,LBRDK,LMCA and LMCK. Would I be better off to sell LBRDA,LBRDK,LMCK and purchase more LMCA. I'm new and still in the learning mode. Thanks very much.

LBRDA/LBRDK are Broadband based. If you like Charter and its trajectory then don't sell those. LMCK and LMCA should trade the same. LMCK is selling at a discount to LMCA so it is actually the better deal currently but I would rather own A and do own both. Am not selling any of the 4. Will wait for things to shake out over next few months. If I was going to increase my stake in any it would probably be LBRDA and LMCA but am not selling 1 to buy the other. Don't want to pay tax on gain just to swap.

[midas360]

Remember the Jimmy J. days when every player was a star? Troy, Emmitt, Johnston, Bates, Woodson, Sanders, Clay Aiken (jk), Irvin, Haley, ... .. He used every single position when he called plays. Granted... All those guys from Miami were pretty damn good but still

[SN38]

Unreal that they still have a shot. I agree with Midas in that they don't deserve to win anything with such a poor showing with Romo out. One Fng game in seven they couldn't even win, not 1. Longest loosing streak since 89.....Troy's rookie year.

Welcome to the Browns world, now do it for 20 years

[dm_4]

Good luck trading today everyone!

[waldo29]

The tracking stock split is a 2016 event. Positioning will take place over the next 4 months or so. I'll re-iterate what I posted last week concerning the tracking stock split, specifically as it applies to SIRI.

From here:
1) There will be an arbitrage play as we get closer to the split, long LM short SIRI.
2) If you are not long LM at this time, there will likely be a better entry point prior to the transaction (2016). Read that as a negative to the SIRI share price from this level, but it will be a 2016 event.

In the more immediate, the HS 'event' will impact SIRI soon, the language from the press releases on Friday seem to allude that they are not close but, from the company's perspective they want to get a deal done. That event should be more of the focus for near term price movement in SIRI.

Disclaimer: Prior to this, I was (still am) short SIRI @ an average of 4.10. This morning I will hedge the SIRI position via calls. At this time, I have no position in LMCA (LMCK). When I took the short position I had an exit plan of high 3.80's. My stop is @ 4.29-ish. I am now hedged so I have more flexibility.