SiriusBuzz Premium members were aware that this might very well be the situation because I outlined it shortly after Liberty Media made its proposal. We all knew that Liberty requested that SiriusXM stop buying SIRI shares from Liberty, and we all knew that SiriusXM agreed to delay that… → Read More
Bullet Point – SiriusXM Testing Lower Waters
Despite good revenue and good guidance, this equity is testing lower waters. In my opinion, the Liberty deal is the overhang. At this point, it will likely be a negative to the stock if a deal is not struck (whether we like the deal or not). Stay tuned!
SiriusXM Scores $1 Billion Revenue Quarter – Misses On EPS
SiriusXM had its first ever quarter with greater than $1 billion in revenue, but at the same time missed street EPS estimates by a penny. The equity is trading down early in the session. The company also had record free cash flow and record Adjusted EBITDA growth. The… → Read More
SiriusXM Bearish Going Into Earnings
Readers here saw this bearishness happening prior to it happening. That is why you are here. I am not looking for much out of the call tomorrow. It will likely be bland and a ‘just the facts” type of call. Do not look for hype, do not look… → Read More
SiriusXM Down Again
I have been very cautious of late on SiriusXM, and that caution is proving to be prudent… at least at the moment. I do not see SiriusXM taking a massive hit, but I do not see it making a massive run either. The immediate risk is at about… → Read More
Be Ready For SiriusXM To Dip
Things are not looking good. This equity is a week away from a conference call that will be pretty ho-hum, and the technicals are breaking down. We now have developed 3 warning flags, and this has to have many investors on the edge of their seats. Do you… → Read More
SiriusXM And Nissan Extend Deal
SiriusXM announced today that the company has extended its relationship with Nissan through 2018. As part of the announcement, it was stated that Nissan North America will significantly increase penetration of SiriusXM factory-installed technology across the entire Nissan model lineup. Nissan cars equipped with satellite radio are not… → Read More
SiriusXM Tests Lower – Technicals Turning
SiriusXM tested as low as $3.58 today but managed to pull off a close at about $3.66. The good news is that we recovered from what could have been a signal that $3.53 was on the way. The bad news is that these lower levels may still come… → Read More
Bullet Point – SiriusXM Testing Lower Waters
SiriusXM is in danger of breaking down below the strong support at $3.61. Investors need to be cautious in my opinion, as the next real support sits back at the 200 day EMA at about $3.53. The current pricing of SiriusXM takes away from the ability of the… → Read More
SiriusXM – Glowing Like The Metal On The Edge Of A Knife
Wow! That’s what I say! The equity closed down on volume that was higher than the previous session, and the equity broke down, and closed below amount that was pegged for the original Liberty offer. I am suspecting that many retail investors that thought a massive premium needed… → Read More
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