SiriusXM is trading above the resistance at $3.84 in pre-market. The equity has traded as high as $3.87. Watch the early action to see if this equity can hold above $3.84. If it can, it is a great support point that could fuel a better offer from Liberty.
Pandora Announces Audience Metrics and In-Car Ads – Stock Soars to All-Time High
Internet radio streaming giant Pandora has once again rolled out some impressive monthly numbers that clearly have investors excited. The story this month is much of the same… up, up, and up. Listener hours for December were up 13% to 1.58 billion, total U.S. radio listening jumped from… → Read More
SiriusXM Update
Okay. By now we should all be aware of the situation with Liberty Media. Below is an article about Liberty that may get published on Seeking Alpha. As a member here, you get to see it first. Technical update after the Liberty article: Liberty Media stock (LMCA) is… → Read More
SiriusXM Trading Massive Volume
Just a quick note for members. SiriusXM is trading massive volume, and has jumped up to about $3.80. Meanwhile, Liberty Media, the price of which generates the offer for the balance of SiriusXM, is down to about $141. This makes the initial offer less desirable for minority shareholders… → Read More
SiriusXM Technical Update
Readers, The usual technical updates will not really apply today. As you are aware, Liberty Media is trying to make a move to take over SiriusXM. This does not throw technicals out of the window, but it does essentially reset things. The Liberty offer is an all stock… → Read More
A Quick But Deeper Look At The Liberty Media Offer
SiriusXM shareholders are buzzing this weekend as a result of a late Friday announcement that Liberty is trying to take over SiriusXM. While it is still very early in the process, there are a few things that SiriusXM shareholders will want to understand. 1. The company is not… → Read More
Liberty Proposes Takeover of SiriusXM
As reported here earlier, Liberty media is proposing a takeover of SiriusXM. This news was anticipated at some point, but perhaps not as early as we are seeing it transpire. The text of the 8k filed by Liberty Media is below: “On January 3, 2014, Liberty Media Corporation… → Read More
Bullet Point: Liberty Proposes To Absorb SiriusXM
Bullet Point – Liberty media Proposes to absorb SiriusXM – Shares halted after hours – Details to follow…
SiriusXM Treads Water
I could have spent the day watching paint dry and it would have been more exciting than seeing the action with SiriusXM. The equity diped into the mid $3.40’s and recovered to close at $3.50. Volume was modest, and the EMA’s remain pretty much where they have been…. → Read More
SiriusXM Starts Off 2014
Well, we have a situation here. SiriusXM is starting off 2014 in a bearish pattern with two big resistance points above the current price and below $4.00. Simply stated, the near term situation is not pretty. No, it is not ugly yet either, but it certainly is not… → Read More
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