cos1000

Total Rating:
+148 / -163

1033 Comments

    • Fri Nov 21st 17:57 PM | Rating: +1 -1
      Commented on:
      Sirius Investors: Decline in OEM Take Rate Something to Watch
      Relmor

      nice move on the gold and with the dollar showing relative strength. An additional bonus. I am still an owner of gold and silver, mostly gold now, as we have talked about silver becoming a problem with storage. I like American eagles, all sizes and the krugerrand of course. Lately the margin on coins is too high compared to spot and I haven't gotten into any of the stocks. I just hate the thought of owning paper and calling it gold. An old school thing that sticks with me. No one can argue with the returns you've gotten over the last week though.... again, Nice move in this time of dread....
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    • Fri Nov 21st 16:51 PM | Rating: +1 -1
      Commented on:
      Sirius Investors: Decline in OEM Take Rate Something to Watch
      s162

      Obviously from your keyboard to Obama team's ears..... LOL Sometimes knowing where the edge of the cliff is .... makes us a little morose in our thinking. We both knew yesterday how important today would be. The good news is that it appears that the new administration does also..... Bodes well for things to come... and the general markets showed it by breaking, not only their end of the day fear, but their holding long into the weekend fear..... Our day will come with the announcement of the Auto bailout...

      wcorowitz

      They don't pay fees the way we pay fees on individual trades... Also with the volume of shares that they are controlling and the money being made, all fees are built in as a cost against of doing business. The profit made from the manipulation, and it is legal, out weighs the expense. If you have more shares, at times that would take several million, you can manipulate this stock too.

      Most penny stocks don't have this volume traded on a daily basis, which is why some have suggested that, at a much higher stock price, a reverse split is inevitable. A RS at around $2 a share and positive cash flow from operations, would be a good time to execute that. At these prices, what's the point. Delisting isn't even worth talking about with all of the companies now trading below a buck. NASDAQ delisting all of these companies now would be suicide for their own cash flow from the transaction business generated. Look for the rule to be extended into the 3Q before anyone even has to worry about delisting. It is not unprecedented for them to extend rules like they did after 9-11 and tech melt down in 2001-2003.
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    • Fri Nov 21st 15:52 PM | Rating: +1 -1
      Commented on:
      Sirius Investors: Decline in OEM Take Rate Something to Watch
      relmor
      good luck on your trade, you have been patient.... At these levels a quick trigger (stop) is called for. Geithner announcement as Treasury Sec. is a surprise in timing. I guess the new administration has it ear to the ground and heard The Street say ..... Where are we going from here? (with Paulson declaring Mission Accomplished yesterday in his speech.... he really left Obama no choice but to announce)
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    • Fri Nov 21st 15:48 PM | Rating: +1 -1
      Commented on:
      Sirius Investors: Decline in OEM Take Rate Something to Watch
      Siriphone

      With my Ameritrade Apex account I can put limit orders in at .1501 as a bid or ask and have executed at those exact prices. On Penny Stocks it is allowed. On my Retirement Accounts that I use Etrade for, I can only put in whole cent bid and asks unless I want to pay for a premium PowerEtrade Pro account or meet their minimum trade requirements to get access at no charge.
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    • Fri Nov 21st 15:43 PM | Rating: +1 -1
      Commented on:
      Sirius Investors: Decline in OEM Take Rate Something to Watch
      sirus dung
      anyone who thinks that someone is being paid to post positive thoughts here,...... is a complete idiot. And that goes for you too "on the back line"
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    • Fri Nov 21st 09:00 AM | Rating: 0 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      Having said all that, I still agree with you that their is going to be a squeeze as the Bond Shorts unwind their positions. The most likely scenario should happen before the announcement of financing and auto bail out plans. If it does happen before, avoiding the squeeze on news, then we just have more evidence on how much the game is rigged.
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    • Fri Nov 21st 08:19 AM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      s162
      Treasury and Fed Secretary announcements will probably happen after the Thanksgiving Holiday and December will probably be the start of his visibility. He will probably show his hand on the Autos Work Plan for use of the money that he will eventually push through for approval. A little Holiday bounce will follow and the media will be actively tearing apart his selections no matter who he picks.....

      In the mean time the annual meeting will take place and outcomes will be known on the RS and Dilution of Shares. With the lack of any defense of the company's SP from management or clarity on its intentions, their is no reason for either and I will vote against both. I was a RS as a tool in the tool box guy, but with the new numbers and probable extension further of the delisting rules, and my growing lack of trust for managements intentions, as you have said, I would have to be a moron to give them this type of power now.

      The dilution is not needed unless financing is going to be done with shares. If that is the case, they need to tell us before the meeting that this is their plan for refinancing. If that is the case then I don't want to be in this company any more until well after the first half of 2009 when their is more clarity on where this company is going. Unfortunately a perfect storm of economic circumstances, Financial Melt down, Autos Panhandling in Washington (and doing a very bad job of it), and an overall lack of consumer spending, is making this company's chances for growth very doubtful.
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    • Thu Nov 20th 18:34 PM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      Paulson and Bernanke need to move on.... and they will soon enough, and I am sure they will be glad they did. Not to defend them but the size of the unregulated theft of wealth in the CDS market is unbelievable... Lets not forget all those prestigious Credit Rating Agencies for all this worthless AAA paper, that they had their hands on. .... Oh and who pays the Credit Agencies? As with our own little investigation into mutual fund trading trends with maffais and 13F-HR reporting, the game is fixed and those in power are writing all the rules, while periodically stealing away perceived wealth accumulated by the middle class every 6 or 7 years. As Relmor has said without complete deleveraging at this time that cycle is getting shorter each time. It is these same powers that be, that want the markets to go through the Cold Turkey scenario of Mark to Market. Their all sitting on the side lines, as you already described, with tons of cash waiting to pick up the premium companies, survivors of the devastation, for their next run up of asset values. And We, the peons will struggle to work for and own, while they let us. Each time we will struggle to be smarter, but without the important information needed to succeed, we will only do a little better the next time. Or maybe, burned so badly, we will just move on and put our money in CD's, Bonds, and our proverbial mattress, never to invest in the markets again. This is fine with them, because a whole new generation of investors are just graduating now, and with new Zeal, will take on these bastards and in the end....... fall prey again. An so it goes.... Circle of Life?? .... not really, just the Cycle of Power and Money.

      Okay, Okay, I'm done being morose...... A while back Relmor and I had a discussion of how low the Dow and S&P could go. My feeling was if we break DOW 7000 then we could go to 6200-6300 and if we break 720 on the S&P we could go to 575-660. I said that that would mean that a lot of things went additionally wrong. In my mind The Autos failing and taking unemployment to 10-12% and the CMBS market failing in addition to what we already have on the Residential side would do this. Those two events will take everything else down in this House of Cards that is the Treasury Bail Out plan, TARP, IMHO,
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    • Thu Nov 20th 17:32 PM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      s162

      totally agree that the delisting issue is soon to be Moot. The extension will probably go through third quarter to be revisited. This deleveraging proccess has never happened with such a broad spectrum of the economy involved in recent history.

      The artificial paper created on the backs of Residential and Commercial Real Estate, that was given leveraged value (Mortgage Back Securities) and then insured with more worthless paper, Credit Default Swaps (CDS), which were given value because an unregulated market was developed to trade the paper. Then the Mark to Market happened in the residential market first, with home prices fallen, valuing the MBS notes (paper) at 60, 40, 30% of their original value, depending on what markets the assets (homes) were located in, and the banks got their margin call on these MBS notes. (Note holders wanting their money). The Banks (Bear Stearns types) called in their insurance, Credit Default Swaps (CDS) only to find that folks like (AIG) had traded the paper everywhere (MBIA also but not as much), and had no capital to support the run on this product. Now if the CMBS Marget fails because of Mark to Market, and it is currently, we will not be able to stop the wreckage that will occur. Deleveraging in this accelerated manner, Mark to Market, will kill the world wide economy. Leveraging happens over years, deleveraging must be decelerated for the economy to recover, Mark to Market is a process that is the same as Cold Turkey, it might work with addiction but it is very painful, in Economies it is a Depression that will take decades to recover from. IMHO
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    • Thu Nov 20th 16:49 PM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      s162

      And the problem is, as you know, we will all not get the memo when its time to get back in....... by the time we can see its real, we will have lost 1/2 of the gain up.....

      Now the next crisis to take us down again is going to be about how the Commercial Mortgage Backed Securities, CMBS market is falling out. With large defaults beginning to occur this week, creating downward pressure as Bonds Values that represent these bundled commercial mortgages, with as you say, Mark to Market devaluations of the underlying properties. The underlying property values being assessed have nothing to do with the performance of the loans. Payments are being made, with defaults only being brought on by the requirement of additional capital to support the Mark to Market valuations. It is similar to a Margin call but on Commercial Real Property values instead of Stock Equity. Suspension of Mark to Market has got to happen or else as bdp above has said, it might be time to grab the ammo, hide the gold, and head into the woods.
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    • Thu Nov 20th 16:28 PM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      s162

      I want to know how you really feel my friend... The congress is a joke and its all politics as usual. They are not going to give Paulson or the Bush any relief on their way out. December 8th only puts these guys closer to the next congress and the deal will then get done... shameful.

      Meanwhile as you say the middle class gets wiped out and kicked in the arse for investing in the stock market, hoping to make a buck.... Your comment about the foreign autos taking away the last of our icon manufacturing has my Dad rolling in his grave... Not what he had in mind coming home from World War II or what was thought by those Veterans when we called a cease fire on the Korean War. Sad to see the Circus it has all become.... pushing and shoving for the limelight while hard working Americans are looking for solutions in tough times. I am totally disgusted with these lobby paid morons, claiming that they give a shat for their home based constituency, is a joke. They sold their sole to the Washington lobbyists the minute they attended a campaign fundraiser...... They will all go home and eat their Turkeys and claim that their hands are tied and how terrible it all is......

      Anyways SOS just a different day.... I supported my position today with a buy in at .145 bringing my recent buy back in to an average of .225 / share. My overall cost per share to brake even is 1.45 / share. Since we broke down to 1.50 when I was at an average cost of 2.20 /share, all the buying and selling of shares at various ranges has gotten me a lot more shares and bettered my average in by .80 / share. If we can avoid going into bankruptcy, which I now give about 40 - 60 that we could at these SP levels, maybe I can get it to under a buck. In order to keep my sanity at these levels, I am now focused on these metrics as I wait.

      Boy does this suck...... Citibank is now trading under $5 / sh. How much rebalancing do you think that is going to cause in some Mutual Funds if it stays their for a couple of days? The Dow broke a very important technical support level today of 7850 and the S&P broke through 776-780, this does not signal anything good going into Friday or the short trading week ahead of us..... We should all just turn our computers off and come back after we eat crow, I mean turkey.....
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    • Wed Nov 19th 20:27 PM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      shure46

      Check out the recent quarter reporting and annual reports..... Sirius Canada has been operating for a while.... I don't know about the birds and how many.... but XM has been there also....
      View article »
    • Wed Nov 19th 20:24 PM | Rating: +1 0
      Commented on:
      Three Reasons for Sirius Aggravation
      Siriusly Depressed,

      Thanks for the uplifting news.... we can all use it...
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    • Wed Nov 19th 17:52 PM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      s162
      sorry the last post got cut off but basically this stock is trading off of everything else in the market that's going on. I originally had thought the teens after the CC without refi news was very real. I got caught up in the mffais numbers, thinking we had momentum and an event going on with sentiment that would move us up. As we all researched this weekend, those numbers gave us a false indication, but I was already in and the trap closed on us all.

      Now they have taken the stock down another 30 plus % from where most got back in and we are sitting here done in again, feeling stupid. The only news of any solace is that we're all getting slaughtered together... doesn't really do anything for me though. I am pissed at my lack of discipline here... Now I have to either put more in or give it up.... We just don't have the tools to predict where or what they are doing. I am sure that now will not be the time for me to give up and I will support my decision tomorrow with more cash in.... provided the general market doesn't break 7900 Dow or 790 on the S&P. The next leg down doesn't have a parachute...........
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    • Wed Nov 19th 17:41 PM | Rating: +1 0
      Commented on:
      Will Sirius XM Drop to the Teens?
      s162
      Great Post and Hopeful....... we are either at a bounce point (and we certainly better be) or we are at the beginning of something that will not be easily undone. From what I can see and have written briefly with relmor on, if tomorrow breaks below 7900 on the Dow and 790 pm the S&P, we are in for a really bad time. There is very little conviction here below these numbers by anyone's standards. Sideways is not an option. This is a very critical level....... If we break these numbers 7050-7100 is where the DOW pauses next and
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