SiriusXM Holding A Range

SiriusXM is holding a range above what the Liberty Media offer represented, but below the level that some shareholders would like to see.  The longer SiriusXM sits in this range, the more likely that the Liberty offer will not be as strong as many had hoped to see…. → Read More

Auto Sales for 2013

With SiriusXM already announcing subscribers, the auto news may not carry the same importance as it otherwise would.  However, tracking this data carries great value in assessing where we were, and where we hope to be.  The auto sector had sales of 15.55 million in 2013.  This was… → Read More

To C or Not To C… That Is The Question

Over the past few days we have heard a lot about the hypothetical Liberty Media series C shares.  Sirius XM investors are trying to wrap their heads around what exactly a C share is, how liquid it will be, and whether owing such shares carries any advantage or… → Read More

Bullet Point – LMCA Continues To Trade Down

To the frustration of SiriusXM investors, LMCA is continuing to trade down.  The current ratio offer would have SiriusXM shares priced at about $3.52, well below what was a ratio of $3.68 on Friday.

SiriusXM Settles Down

Yes, we had volume of 152 million shares, but in the end SiriusXM closed down to $3,77.  In contrast, Liberty traded down to $139.54.  In essence, the current swap ratio now sits at $3.53, well off of the pace that was announced to shareholders.  If shareholders were angry… → Read More

SiriusXM After Hours News

SiriusXM hid the fact that it lost 20,000 subscribers in Q4 pretty well by showing that they made their full year subscriber guidance.  The company finished Q3 2013 with 25.58 million subscribers, and finished the year with 25.56 million subscribers.  Simply stated, they lost at least 20,000 subs… → Read More

SiriusXM Closes Above Critical Level

Shares of SiriusXM closed above the critical level of about $3.83 today.  Staying above this level is important in that it is a major support and resistance indicator.  While this happened, a new level of moderate resistance has formed at $3.87.  Volume was well above normal at 190… → Read More

Those SiriusXM NOL’s

If you have not had a chance to read it, Forbes brings up a pretty salient point when it comes to the SiriusXM deal.  The NOL’s that SiriusXM have value, but at this point the only two entities that they have value for are SiriusXM and Liberty Media…. → Read More

SiriusXM – A Majority Of The Minority

Okay satellite radio investors.  It is time to pay close attention.  While you may think that you have no say in the proposed Liberty Media buyout, that is not the case.  The transaction needs the approval of three entities to occur: Approval of Liberty Media shareholders Approval of… → Read More

Bullet Point – SiriusXM Stays Below Resistance Point

Just a quick note.  SiriusXM has failed to rise and hold above resistance at $3.84.  Volume is still quite high.  The ceiling here may be $3.84 until we get more information on what Liberty is doing.