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Stephen Faulkner

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  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Yes but I don't plan to jump out and in several times. I had one out, and will (most likely) have one in with those funds.
    May 18 12:55 PM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    caught this and responded above Brit!
    May 18 12:53 PM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    I never said the stock was dead :) I don't think it is.
    May 18 12:53 PM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    I'm not so sure on that siriusenough. Mel sold Monday / Tuesday not Wednesday (as far as we know). We'll know soon enough if Liberty has bought anything. I don't think they have unless it was done today, but that would go against some of my ideas here so if it happens I'll need to reevaluate a bit.
    May 18 12:52 PM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Thanks SiriusBrit,

    I have the same concern. If news hits the wire early, it may spike the stock *but* I don't think news of Liberty going over 50% will cause an instantaneous pop of such magnitude. I need to look more into how long Liberty has before they *have* to say something about going over 50% or file it...

    This is a situation where there is no way for me to be ahead of those in the know so I kinda have to plan ahead and stick to that plan. As time goes on I may close up the box... depending on share price activity, bringing my rebuy points down from the top and up from the bottom. We'll see at the close today.

    I use Etrade and I probably should look if I can cover pre / after market sometime. I have certain prices set as alerts on my phone as well, and anything which is a 2 cent move. It can get annoying... but it helps monitor the price through the day if I can't watch the actual trading activity.
    May 18 12:50 PM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Your guess is as good as mine on the board meeting Saul. I expect a lot of questions and a lot of dodging of questions....
    May 18 12:39 PM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    UBS purchase finally showing up on Nasdaq today :

    http://bit.ly/waG5Ai
    May 18 11:13 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    nash I'm giving you a time out :P
    May 18 11:11 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Yes it's legal :)
    May 18 11:09 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Makes sense to me, show. Honestly I had two approaches. One was simply buying weekly on the way down, and two was attempting yesterday's move for reasons as stated. I don't think either strategy can "lose" if you're willing to hold through all this. I'm just looking to try and figure it all out and make some relatively safe plays in order to attempt significant gains.
    May 18 11:07 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Thanks Bone! I might be right back in with you quite soon here.... Morgan Stanley is sitting on Ask at $1.91 so that gives me a bit of concern that that will be a stop point.
    May 18 11:05 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    I won't lose on this henrietta. The time period for me to lose was yesterday. I'll either break even and rebuy right where I sold, or I'll make out fairly well if I am correct on the way down.

    Honestly, I would be absolutely thrilled to be wrong, buy at $1.95 again, and head right back up. I'm quite bullish on Sirius XM.
    May 18 11:04 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    That works too pek! Depending on how much higher it goes today I could find myself right back in where I sold out :) Still, it will require careful monitoring day by day. Thank God for the weekend :)
    May 18 11:02 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Vinci, obviously you're not looking to sell at these levels (which is good!). What is your price target or time frame for selling in the future?
    May 18 11:00 AM | 0 Likes Like |Link to Comment
  • Why I Sold Sirius XM And Why I Will Buy It Again Soon [View article]
    Hi SIRI, It'd require selling, either long positions or initiating short positions. It's complicated to get into here though and I couldn't possibly explain it properly in the comments. I don't believe Liberty to be a direct part in this no.

    I don't know exactly who the players are I just know the benefit to the upside that this would represent and it's significant for the bond holders.
    May 18 10:59 AM | 0 Likes Like |Link to Comment
COMMENTS STATS
5,825 Comments
3,138 Likes