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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Hart who wrote (1733)1/26/2005 6:53:43 PM
From: i-node  Read Replies (1) | Respond to of 3386
 
Mike

Per our previous discussions, I am planning to trade a portion of my XM calls rather than holding them longer term. I have ended up with a lot more of my trading account in calls than good sense tells me I should have, so I will be waiting for a chance to take profits...

While I had a good year last year, I would definitely have done better had I sold on some of the ups that I just held through.



To: Michael Hart who wrote (1733)1/27/2005 9:52:02 AM
From: billcasto  Read Replies (1) | Respond to of 3386
 
I should pay you a commission Mr. Hart. I sold covered calls last week and bought them back this week for nice profit. As usual I bought them back to soon and left money on the table. That seems to be my main downfall. Well, my main downfall was holding XM all the way down from Jan 05 until now. I just got tired of buying the shares back for a higher price. Net short a lot of QQQQ.

I didn't mess with SIRI. I am boycotting that stock for awhile.
Thanks again Mr. Hart.