SiriusXM Already Above 2013 Subscriber Guidance?

SiriusXM raised the bar on net subscriber guidance today from 1.5 million to 1.6 million.  That would appear to be a great thing.  However, if you follow the company closely you would have noticed that SiriusXM, just three quarters into 2013 already has 1,681,730 subscribers.  Are they really projecting a net subscriber loss in Q4… → Read More


Despite Records SIRI Slides

This is why I always keep some caution in my thought process, though I did not expect what happened in pre-market to be this pronounced.  Despite setting several records, SiriusXM has moved down substantially in pre-market today.  My key hold point of $3.95 was taken  out in pre-market, but I still want to see where… → Read More


SiriusXM Satellite Launch Delayed?

It would appear that the launch of FM-6, SiriusXM’s latest and greatest satellite has been delayed yet again.  The launch had already been postponed to today, but as of this writing, the countdown clock now has 4 days on it instead of about 20 minutes.  In addition, the launch pad webcam seems to be off-line,… → Read More


Countdown To Launch of SiriusXM’s FM-6 Satellite

We are less than 24 hours away from the launch of SiriusXM’s latest satellite, FM-6.  The launch was initially scheduled for Sunday, October 20th, but has been delayed by 24 hours due to issues with the satellite ground station network required for the launch and early orbital operations of the Sirius FM-6 spacecraft. Khrunichev State Research… → Read More


SiriusXM – Another $2 Billion in Share Buybacks

SiriusXM (NASDAQ:SIRI)announced today that the company is authorizing another $2 Billion in share buybacks.  As part of the program, Liberty Media (NASDAQ:LMCA) will participate by selling $500 million of its stake.  The sale by Liberty Media will still leave Liberty firmly in control of the satellite radio provider with a 52% stake in SiriusXM.  Added… → Read More


Serious Support For SiriusXM

Technical analysis is a tool that every active trader should keep in their toolbox.  Serious investors in SiriusXM enjoy very regular technical and fundamental reporting on what drives SiriusXM from SiriusBuzz Premium.  Support and Resistance is just one tool that we look at, but there has been a dynamic so compelling that I thought it… → Read More

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September Auto Sales Modest

September 2013 auto sales are in, and for the first time in 2013 the year over year comparison was negative.  Auto sales for September 2013 were 1,134,170 with a SAAR of 15.2 million.  Yes, September looks disappointing when compared to the 16 million SAAR numbers we had gotten used to.  The news is not all… → Read More

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September Auto Sales Expected To Be Just Above 1.1 Million

After an August that had auto sales deliver nearly 1.5 million vehicles, a number like 1.1 million for September may seem disappointing.  The devil is in the details.  This year the beginning of Labor Day weekend actually happened in August, and because of that August got a nice little boost.  Last year the entire Labor… → Read More


SiriusXM Gets $5 Price Target From Piper Jaffray

Well, the day has finally come where we see a $5.00 price target set for SiriusXM (NASDAQ:SIRI).  Piper Jaffray set the new high mark citing robust auto sales and good success within the used car channel on garnering additional subscribers.  The used car channel is so valuable because the costs of installing the radio have… → Read More


SiriusXM To Refinance Debt

SiriusXM announced today that the company is seeking to refinance almost $600 million of 7.625% notes due in 2018.  The new notes do not yet have an interest rate, but likely it will be about 6% with the debt due in 2020.  Essentially this news points to the relative strength that SiriusXM has in the… → Read More