The good news today is that SiriusXM appears to have normalized. We traded 66 million shares and closed down 2 cents. Moving down on lower volume is a good sign. We do not yet have a confirmed bottom, but the signals are apparent that we might. What we… → Read More

SiriusXM – Analysts Weigh In
Well, it was bound to happen at some point. There are many dynamics coming that may indeed call for a double-check on SiriusXM’s valuation in the near term, but most moves the company is making will be a bigger benefit in the longer term. In case you have… → Read More

SiriusXM Technical Update
Wow. SiriusXM got punished for good behavior. It is a classic case of expectations being high and the company just missing a few key metrics. Despite a great quarter, the company was a shade light on revenue, and the stock was punished. My hope would have been holding… → Read More

SiriusXM Already Above 2013 Subscriber Guidance?
SiriusXM raised the bar on net subscriber guidance today from 1.5 million to 1.6 million. That would appear to be a great thing. However, if you follow the company closely you would have noticed that SiriusXM, just three quarters into 2013 already has 1,681,730 subscribers. Are they really… → Read More

Despite Records SIRI Slides
This is why I always keep some caution in my thought process, though I did not expect what happened in pre-market to be this pronounced. Despite setting several records, SiriusXM has moved down substantially in pre-market today. My key hold point of $3.95 was taken out in pre-market,… → Read More

SiriusXM Heads Into Q3 Call
We got volume today, but the stock price went down on it. Normally I would flag this as a concern, but given that the company is reporting Q3 numbers tomorrow, I am going to chalk it up to jockeying for position prior to the call. The equity held… → Read More

SiriusXM Continues Up
SiriusXM continues to march upward going into the Q3 conference call. The equity tested $4.17 today and closed at $4.13. The action happened on lower than average volume, but higher volume than the previous session. Up on higher volume is good. We have not seen this equity make… → Read More

SiriusXM Testing Higher Range
I am sure you are happy that SiriusXM closed at $4.10. It has been a long time coming. I do not want to dampen the mood, but my word of caution is this. The move happened on less volume than the move to $4.05. In very simple terms,… → Read More

SiriusXM Satellite Launch Delayed?
It would appear that the launch of FM-6, SiriusXM’s latest and greatest satellite has been delayed yet again. The launch had already been postponed to today, but as of this writing, the countdown clock now has 4 days on it instead of about 20 minutes. In addition, the… → Read More

SiriusXM Breaks Through $4.00
Well, we finally saw this equity break through the $4.00 barrier. SiriusXM closed at $4.05 on 36 million shares of moderate volume. I would have preferred to see this close on 40 million, or even 50 million shares, but we will take what we can get. We have… → Read More