No stopping the Malone Machine. Well oiled. No one can anticipate the genius of John Malone. NO ONE. If you believe in John Malone, then start believing in SIRI. This man is incalcuable by any analyst etc. Trust me, he will monetize his investment that will both enrich himself AND shareholders. That's Malone's style. He brings wealth -- and shares -- with all those with the strength of their convictions to believe.
As usual everyone is bullish and every action or lack of action by Liberty will lead to higher prices in SIRI. Last month an investor made a $500,000 bet AGAINST SIRI by buying 50,000 June $3.50 puts. He doubled his money. He now has taken the the entire MILLION DOLLARS and bought 151,000 $3.00 July puts at 6 cents. He now controls over 15 million shares of SIRI but can only profit if there is a significant fall in the price. This is an all or nothing bet for a million bucks. He has lost a third of his money in the last two days.
When will one of resident geniuses on SA write an article speculating on what this investor sees that would cause the stock to crash to $2.75 within a month.
Here is a hint. SIRI stock mimics the S&P per Little Stevie Wonder.
If Liberty Merges with Time Warner-HUGE FOR SIRI
Could liberty-time warner merger be the catalyst we're looking for to see siri shares head to $4+++???
From $3.30 to $3.26 PM??? #$%$ is going on...???
Runup this week some are saying. Maybe back to $3.50s. Then the big $15 million $3.00 PUT bet at $.06 that SIRI sees $2.94 by July 17th. If SIRI rises to $3.50s I'm a seller. Think there's a good chance we could see this bet realized. But won't sell at these levels. Need to see a runup.
All the way to $3.35 and then back down to where
It #$%$ closed yesterday? I'm losing my patience
With this POS. Pandora hasn't made any $$$$ and
They get sued by BMI and have Apple IRadio and
The stock hardly flinches???
Duke
When you say "strong rally," how strong? How much of a percentage up from where we are now?
thanks, think you might have it right.
No constructive comments? This Board is #$%$ worthless!
Pundits and bear bets say we see $2.90s. 150,000 + contracts. Yet a guy like Spencer Osbourne says we will see $3.75 with spikes over $4 in 2013. My bet? Don't try to trade this stock now or between June and July options. In August after the CC we will see a powerful runup and then rise to the spikes Spencer is talking about to over $4. I'm a seller there. If we see $4+++ by Aug, I would safely say good trade to make to sell high and get back in lower. Wish I had done it at $3.62 and $3.52. But wasn't to be. Faulkner had me believing his article that SIRI had hit bottom. He's been right so much lately it figures the one time I want to follow him, he gets it wrong. What to do? absolutely nothing. P-A-T-I-E-N-C-E. I will get my trade.
I did too. In fact, when the shorts piled on at $3.34 and brought down in nano seconds to $3.32 it literally was like a coiled spring and popped right back to $3.35. I say Faulkner's got it right that support will remain at $3.30. technical charts point that way too. Bearish channel this week. Excuse to buy. I just buy into Apple being A SIRI killer. motley drool's Brian Nichol's says "I just can't be bullish on SIRI-XM going forward." #$%$ Brian. Apple ITunes and SIRI are TWO DIFFERENT BUSINESS MODELS. Apple doesn't smell that fresh anymore. They are not the killer company they once were. And even if they were, I'd still say the same thing. Bets being taken we see $3.75 right before the CC and MAYBE $4 if we blow the Street away.
Bet you we see an unusual run up during Options week
The stock has immensely oversold
no! June 21st you chucklehead
Maybe this jerk will leave this Board now? Go to the Pandora Board. You'll have a lot more fun.
Eat my shorts OldnCrusty!
can work the opposite way too. doesn't always mean the share price goes down. The rebalance is June 28th.
yes