SiriusXM Normalizes

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