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gekko13

gekko13
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  • Intel: Don't Believe The Lies [View article]
    Define "FUD".
    Jan 24 05:33 PM | Likes Like |Link to Comment
  • Cooling Down With Majesco Entertainment [View instapost]
    I went to a Gamestop today here in Miami to find out how Baller Beats was doing. I asked the manager and she said that they have only sold ONE. Out of curiousity, I asked her how Zumba was holding up. She said she couldn't remember the last time she sold one. So now here I am sitting on several thousand shares at an average price of 2.15 regretting the day I bought this POS.

    And what really gets my goat is that the company is not really giving Baller Beats any real support. No advertising during the NFL games promoting the game, no visible displays at the Gamestop. A couple of the other NBA games had impressive displays put up.

    What a joke of a marketing team...
    Sep 19 04:57 PM | Likes Like |Link to Comment
  • So You Want To Trade Volatility: Don't Get Angry That Your Boat Can't Fly [View article]
    Thank you for making things easier to understand; your last several articles have enlightened me on the subject. I have one question: Where can view the prices of futures contracts at any given point in time during the trading day?
    Jul 31 09:28 AM | Likes Like |Link to Comment
  • Blackberry Price Study: Comparing Cellular Carriers [View article]
    So what exactly is your point? For unlimited domestic, which applies to most people, the clear-cut value play is MetroPCS. They come in at a price level that is 50% to 67% cheaper than the other carriers. In today's economy, that is nothing to sneeze at.
    Aug 6 08:37 AM | Likes Like |Link to Comment
  • Analysts See Weak Auto Sales as Real Challenge for Sirius XM [View article]
    Shure, the first OJ trial was a criminal case filed by the state. The second OJ trial was civil and filed by the Goldman's.
    Nov 5 02:20 PM | Likes Like |Link to Comment
  • Analysts See Weak Auto Sales as Real Challenge for Sirius XM [View article]
    Hartlieb, since when can you file criminal charges in a civil court? I think you are full of it.
    Nov 5 07:34 AM | Likes Like |Link to Comment
  • Analysts See Weak Auto Sales as Real Challenge for Sirius XM [View article]
    Yep...that lawsuit will be tossed out soon enough. More waste of time and money. The only entity that can file criminal charges (RICO) are law enforcement officials such as district attorney generals. And while the company may have done some bonehead moves, that does not make them illegal. The purpose of the board of directors is to make the decisions, no matter how smart or stupid. Calling for a reverse split is not illegal. Arranging bad financing is not illegal. Lavish spending is not illegal. Whether you agree with the system or not (I don't), it is what it is. That's the beauty of hiding behind the corporate veil. It is The Great American Sham. And the stock market is The World's Biggest Ponzi Scheme. The only way to fight is through a majority vote. Anyone here a 5% owner? Anyone here own Oppenheimer? No, I didn't think so. Next case please.
    Nov 5 07:29 AM | Likes Like |Link to Comment
  • Barrington Stays Positive on Sirius [View article]
    Relmor or Anyone, I am in a unique situation here. I have 100 Jan 09 2.5 Calls. Right now they are worthless. But if there is a reversal, does that mean that I salvage my position somewhat? I'm assuming that if there is a 1:20 split, I will now have 5 Jan 09 2.5 Calls. Am I correct? Because if I am then I'll actually make a little killing. A 1:20 will bring the SP up to 10 let's say, which will gross me 5k (I got each contract for $150). It sounds too easy so I'm assuming the new strike price will be $50 (20 x 2.5) instead. Someone enlighten me since this has never happened to me before.
    Oct 31 06:02 AM | Likes Like |Link to Comment
  • Stifel Lowers Sirius Estimates on Weak Auto Sales [View article]
    Relmor or Anyone, I am in a unique situation here. I have 100 Jan 09 2.5 Calls. Right now they are worthless. But if there is a reversal, does that mean that I salvage my position somewhat? I'm assuming that if there is a 1:20 split, I will now have 5 Jan 09 2.5 Calls. Am I correct? Because if I am then I'll actually make a little killing. A 1:20 will bring the SP up to 10 let's say, which will gross me 5k (I got each contract for $150). It sounds too easy so I'm assuming the new strike price will be $50 (20 x 2.5) instead. Someone enlighten me since this has never happened to me before.
    Oct 31 02:31 AM | Likes Like |Link to Comment
  • Is Wienkes Hobbling Sirius XM? [View article]
    Cos, so what you're saying is that if the stock price was at .75 let's say, and Siri wanted to exchange some shares to pay down the principal, the creditor has the option to accept or decline? Now I see...with the price at these current levels GS will accept because they will get more shares. Meaning that they are bullish on the stock long-term...But at higher levels they are not interested in the tradeoff.
    Oct 30 11:18 PM | Likes Like |Link to Comment
  • Is Wienkes Hobbling Sirius XM? [View article]
    Loser, what the hell are you talking about? I'm talking about Mel starting Q4 off on the right foot, not Q3. Q3 is history. Whatever they do now does not go on Q3's ledgers.

    I have a problem with "lending" the company money when the CEO is worth hundreds of millions, and the rest of the board of directors are multi-millionaires. If I have to take it up the ass I will. But I'm not gonna lube it up for them beforehand.
    Oct 30 11:11 PM | Likes Like |Link to Comment
  • Is Wienkes Hobbling Sirius XM? [View article]
    Hmm...so I think I'm starting to grasp the game plan. Mel has made it a point to liquidate the Feb. converts during the 4th quarter. He is setting the quarter up for an impressive showing. He is going to sell off the remaining unissued shares in small chunks to lower the debt. The monthly interest expenses will gradually diminish. As the stock price begins to head north little by little, he will sell more chunks at higher prices. Whatever is left of the converts might be taken out with cash on hand.

    I have been a staunch defender of the company and remain bullish. But I see this move, though not necessarily negative, as a reluctant last stand. Why? Because if they didn't do this a month ago when the stock was worth much more, why now? Granted, the global economy has been derailed recently and they didn't expect this outcome. But this is their last card of the deck, unless they get the proxy approved. Again, not necessarily negative because the balance sheet will improve.
    Oct 30 03:07 AM | Likes Like |Link to Comment
  • What's Behind Sirius' Big Gain? [View article]
    siriusbuyers,

    I'm with you! I'm losing my cojones but I am prepared to go down with the ship. If this thing does go bellyup, I'll get up, dust myself off, then get back to work so I can finance my next blunder!
    Oct 29 04:32 AM | Likes Like |Link to Comment
  • What's Behind Sirius' Big Gain? [View article]
    Cos, those were the days...the Lauderdale Strip, wild nights, SOBE didn't even exist yet as the world knows it now...I guess we're the same age. Where are you now?
    Oct 28 05:36 PM | Likes Like |Link to Comment
  • What's Behind Sirius' Big Gain? [View article]
    "Alleviation of a Cluttered Mind"

    1. You guys want to know why the stock makes these minor erratic moves? Just read the postings on this board. People are DAY TRADING it for a few pennies. This board is a self-fulfilling prophesy. Now imagine how many more are out there doing the same thing.

    2. The stock was up 40% on good volume yesterday. Today it was down a couple of pennies on very low volume. GOOD SIGN. Why? The negative reports that just came out (right on schedule I might add) had NO EFFECT on the volume. In other words, the smart money is not falling for the BS.

    3. Weinkes put a SELL on the stock. And there are idiots out there (sheep) who will listen. ANYONE who gets out at this level, if they are heavily underwater and originally in for the long-haul, deserves to be shot on principle alone. Anyone who puts a SELL on this stock at this level, considering the upside potential, DOES NOT have your best interest at heart. If you are day trading it, then thats a different matter.

    4. Pig Farmer is just having fun with you boys, and you're letting him! He is getting the exact reactions that he wants. Pretty funny actually.

    5. So last nite I'm sitting in my local watering hole across the street here on beautiful Miami Beach, a bar I affectionately named the Pig Pen. But don't get the wrong idea...this bar makes a real pig pen look like the Saudi Royal Palace! So the off-duty bartender comes up to me and says, "John, I got a joke." Now I have a very low tolerance for drunks (especially when I'm sober), so I cringe and say, "What is it?" So as I prepare my best fake laugh he begins:

    "Obama dies and goes to heaven. He starts knocking on the gate and old St. Pete answers. 'Who the hell are you?' he asks.

    Obama replies, 'I'm Barack Obama.'

    St. Pete responds, 'So what? What have you done to deserve a place in heaven?'

    'Well, I was President of the United States of America.'

    'What! The U.S has never had a black president,' St. Pete declares. 'When were you elected?'

    'About two minutes ago...' replied a teary-eyed Obama."
    Oct 28 04:36 PM | Likes Like |Link to Comment
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