Investor News

September 2013 auto sales are in, and for the first time in 2013 the year over year comparison was negative.  Auto sales for September 2013 were 1,134,170 with a SAAR of 15.2 million.  Yes, September looks disappointing when compared to the 16 million SAAR numbers we had gotten… → Read More

September 2013 auto sales are in, and for the first time in 2013 the year over year comparison was negative.  Auto sales for September 2013 were 1,134,170 with a SAAR of 15.2 million.  Yes, September looks disappointing when compared to the 16 million SAAR numbers we had gotten… → Read More

The bad news is that SiriusXM went down on high volume.  The good news is that it held support.  As I have been saying, $4 will not be easy.  It is my belief that if the company announces subscriber numbers we will see a spike above $4.  The… → Read More

This update will be short and sweet.  We are on the cusp of breaking through the $4.00 mark, and in fact, in my opinion, one nice news item away from that happening with some strength.  The quarter is over, and if this company announces subscribers, the equity will… → Read More

Well, as I had assessed, it looks like SiriusXM is testing the $4.00 level.  The best news today was that on a day when the government shut down, and there was every reason for an equity to give up ground, SiriusXM stood its ground. The technicals are sound…. → Read More

It has been a long time since I have seen the support walls look like this.  We have strong support at $3.84, strong support at $3.76, strong support at $3.71, and strong support at $3.58.  If you like to see downside risk minimized, then you are likely smiling… → Read More

We saw some good things in the trading action with SiriusXM.  The equity formed a bottom and the equity price increased on higher volume that the previous session.  I had told readers that the bottom was forming, and it feels good to have seen it happen.  We have… → Read More

After an August that had auto sales deliver nearly 1.5 million vehicles, a number like 1.1 million for September may seem disappointing.  The devil is in the details.  This year the beginning of Labor Day weekend actually happened in August, and because of that August got a nice… → Read More

Well, the day has finally come where we see a $5.00 price target set for SiriusXM (NASDAQ:SIRI).  Piper Jaffray set the new high mark citing robust auto sales and good success within the used car channel on garnering additional subscribers.  The used car channel is so valuable because… → Read More

Another day has passed, and we saw SiriusXM essentially tread water.  The equity closed at $3.83 on lower than average volume, and lower volume than the previous session.  If you look at volume over the past week you will note that it has been losing steam along this… → Read More