Bullet Point – Bets Are In
Well it appears that the street is betting on some big news from SiriusXM. This is where things get scary. If the news is simply a positive outlook that we have heard before I would expect a sell-off. The only news that will maintain this upward swing is great sub numbers, 2013 guidance that demonstrates growth, or a deal of some sort with Liberty. Watch closely as the conference starts at 12:15. Trading here is a risky proposition.
yep, today will be interesting
NOTHING NEW FROM MEL…will it trade down??