SiriusXM Annual Meeting Positive

SiriusXM conducted its annual meeting, and while there was nothing earth shattering outlined, the news is positive. The company outlined that it is executing its plans, continuing growth, and on a pace to meet or exceed guidance for 2013. Share buybacks are happening, the auto sector is growing,… → Read More

SiriusXM Valuation

With SiriusXM’s recently added debt, the rise in the stock price, and the shrinking of the share count via a share buyback program it is perhaps a good time to explore the current valuation of SiriusXM.  While there are many ways to value a company I like to… → Read More

SiriusXM Edging Up

SiriusXM is edging up.  In my opinion we are seeing the direct result of SiriusXM in the market conducting share buybacks. This is good, and hopefully it can get even better.  Stay tuned for a valuation article that SiriusBuzz readers will see first later this evening.  The equity… → Read More

SiriusXM Hits $3.50 Again

Tight range are the words of the day.  The volume is lighter than average but decent.  There is nothing compelling to drive the equity, yet it seems to be keeping volume decent instead of lightening up as it has in the past.  If I had to guess I… → Read More

SiriusXM Establishing a Trading Range. Where is It?

It has taken a little while to develop, but I am seeing two possible ranges for SiriusXM to trade in.  One is between $3.35 and $3.45 and the other is between $3.45 and $3.55.  Which range will be the ultimate one depends on the action in the next… → Read More

SiriusXM Peaks and Retreates

It has been an interesting couple of days.  We have seen SiriusXM soar to new highs only to see it retreat again to where it was bbefore.  The trend of higher highs and higher lows continues.  There is certainly good reason for the equity to be bullish, and… → Read More

SiriusXM: More Volume — Higher PPS

I like what I saw today.  Volume picked up and the stock moved.  This shows promise.  Yes, the move could be SiriusXM buying back stock, but that is good, and hopefully that is a dynamic we will see for a couple of years.  There is nothing not to… → Read More

Where Does SiriusXM Go From Here?

It is not bullish or bearish per se.  SiriusXM seems to be back to trading on light volume and simply consolidating.  It can certainly test $3.45 or so just as easily as it can test $3.30.  The good news is that the 13 day EMA is now up… → Read More

SiriusXM Holding a Good Line

In auto racing, the difference between a top 10 finish and something in the bottom 10 can be the line the racer held throughout the race. The line is simply the path or “groove” that the racer uses when going around the track.  A good line helps the… → Read More

SiriusXM Keeps Us Guessing

Can SiriusXM reach up to $3.50?  The simple answer is yes.  The more complex answer is that it will not be easy.  SiriusXM closed up to $3.39 on lower than average volume, but higher than the previous session.  Is this a move that is building toward a higher… → Read More