relmar2003

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

Hey author, If I give you $1 to buy a million dollar car, and you would have bought that million dollar car anyway, does me as the government lose, 1 million and $1 dollar. Of course not you fricking idiot. Sorry to give you an extreme example, but extreme stupidity deserves it.

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

Hey Geoffster. There is one company who will benefit the most(other than the car dealers and automakers) and thats SiriusXM. It might have well been called cash for SiriusXM. This will help generate subs where they never would have occured. Getting these old cars off the road will decrease supply in the used car market, sending prices of used cars up, thus generating more sales for new cars, the difference is now lessened. If the author cant see this, then I feel sorry for him. He completely missed the point of this entire endeavor. Its meant to get cars off the road, more than anything, and help bridge a loss of sales gap between 09 and 10, when auto sales should return to some assemblence of normalcy. It wont cost the government 45000 a car, dummy. It costs them 4500 a car. Your added valued assigned is "speculative" value or not bottom line. They ARENT doing this program to generate new car sales, as they are decreasing the number of used cars in the market, thus helping new car dealers and auto makers for years to come. Other secondary suppliers in the new car business will also benefit, not just SiriusXM.

Sirius Option Strategy: Not the End of the World If GM Goes Bust

Mr. Stupid, he is talkign about selling calls, not buying them. You may have misread what he wrote. He is talking about selling covered calls at .10 cents, and buying them back for .05 cents. Not worth it. You need to sell your calls on a high surge, for around .30 cents, and buy them back for .05 cents. That is what I was talking about. Hes playing a narrow range, unless he intents do lock his shares up to december for only .10 cents a share. Not very smart either. I think hes giving bad advice, in my opinion.

Sirius Option Strategy: Not the End of the World If GM Goes Bust

Mr. Stupid, he is talkign about selling calls, not buying them. You may have misread what he wrote. He is talking about selling covered calls at .10 cents, and buying them back for .05 cents. Not worth it. You need to sell your calls on a high surge, for around .30 cents, and buy them back for .05 cents. That is what I was talking about. Hes playing a narrow range, unless he intents do lock his shares up to december for only .10 cents a share. Not very smart either. I think hes giving bad advice, in my opinion.

Sirius Option Strategy: Not the End of the World If GM Goes Bust

Just buy a put if you want downside protection. This keeps your shares free to sell whenever you want. Dont listen to this guys options advice, in my opinion. Probably trying to lock you in your shares, so you cant sell. Bad news cycle is over. WORST TIME EVER in the news cycle to be writing covered calls. Hey, good luck buying them back for .05 cents. Good luck with that.

Sirius Option Strategy: Not the End of the World If GM Goes Bust

Plus, it locks up your shares for being able to sell them if it surges. If it goes from .35 cents to .50 cents, you call options would probably have to be bought back for .05 cents a share, then enabling you to sell on a surge. Heres MUCH BETTER ADVICE.
Buy call options at .60 and/or .80 cents.
Then you have a backside hedge for at least .30 cents of protection(.30 as the bottom). If it surges past .60, then you may be able to clear $1, and they will trigger anyway, if it holds over $1. If it does clear $1, its not going much further. This is for Dec of course, the only $1 strike available, and the furthest out. Problem with this, is you may want to sell your shares here, and you wont be able, locked in covered calls. I actually only see a put strategy here, not writing covered calls. Too risky on upside loss with this stock. But I wouldnt touch them anyway till much higher than here.

Sirius Option Strategy: Not the End of the World If GM Goes Bust

John S gordon, where the hell did you come from. And what makes you think your comments about this company matter. Do you own stock in it? Didnt think so. Then why are you here. This article is about technicals, and your talking about 5 years down the road. Geez...
Where do these guys come from? The wood work? Go comment on your other darlings of wall street. cause here you have no clue of what you speak.
Great article in some respects....
TERRIBLE CALL ADVICE AND OPTION ADVICE...
TERRIBLE..
TERRIBLE
Never Buy Calls on the down. Wait for a surge, then buy them. This guy is protecting the downside, after admitting he doesnt see much of one. I wouldnt touch writing covered calls until this thing hit .60 cents. Im personally waiting for .80 cents.

Don't Be Fooled by Inflation

hot richard, so what, have the government retract all social programs immediately? Im advocating a slow retraction of services, asking churches and social organizations on the local level to do more.
I do agree that our governement helps create dependence, but you cant damn the children because the adults are brain damaged and delusional(fake money can solve problems). Have to find a middle ground in the mean time. I love Ron Paul, but hes too extreme for a transition. I would have loved to see him try though, as painful as it would have been.

Don't Be Fooled by Inflation

He makes a good point, and still manages to plug his foreign stock market agenda. He could make better points, if he didnt throw in yet another bash on our economy here. Without us consuming, the wold suffers. We will lag recovery, this is true, due to the massive amount of fear in our banking system. But as Peter stated, throw enough funny money around you can temporarily fix any banking problem. But you still cant force people to borrow, BUT you can now force banks to lend. And eventually, everyone borrows again...
Where we will take the hit, is this allows struggling companies, bad for the economy to survive longer, and not move into something more globally competitive, or something that caters more to local demand.(Depending on your industry). funny money makes funny business stay around longer. But the positives of that, is even bad business's employ real people, who feed real families and would suffer real heartache if the governement who created the problem did nothing. Peter, your rich. Try advocating the government do nothing when you stare into the face of hungry 4 year old. Go ahead, tell him to starve. sorry, we already spend too much on social programs. We need time to fix them. IN the meantime, have a crumb.