For some investors and traders, extreme market volatility is a great way to make huge short-term profits. Andrew Snyder says Sirius XM Radio (NASDAQ:SIRI) is in dire straits and faces a real threat of bankruptcy. But most of this negativity has been priced into the stock. And an emergency shareholder meeting could provide a short-term jolt for those willing to take on the risk.

High priests have ways to keep a good gig to themselves … magic rites, forbidden knowledge, and secret terms. It doesn’t matter whether they are psychiatrists, witch doctors or investment analysts. In our field—investments—we’ve been considering the secrets of volatility.