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http://www.schaeffersresearch.com/marketcenters/optionscenter/content/option+bear+sets+sights+on+sirius+xm+holdings+inc+siri/default.aspx?ID=120651


A bet by someone for sub $3

And I have to ask ... where is the company going to accumulate its buy back shares? at least in any volume?!?

If that breaks 2.37 and 2.20 are the next major supports. and minor one at 2.61. Just from a technical viewpoint. I can't imagine it ... but I didn't really think we would fall below 3.26 level

Expect 2.95 to print now. The beatdown continues. there is enough float out there for this kind of manipulation to continue even without many of the retail owners of this stock.