Investor News

Despite headlines that April has delivered the lowest SAAR of 2013, the number of cars sold remains well strong enough to bode well for SiriusXM.  April of 2013 saw 100,000 more cars sell than April 2012.  In addition, Q2 auto sales are off to a stronger start than… → Read More

SiriusXM closed down today on lower than average volume.  In my opinion the peak was the $3.39 we saw yesterday, and this equity is likely on its way to range trading between $3.25 (the 13 day EMA) and $3.35.  That is not that bad considering that the old… → Read More

Nissan announced today that the company was slashing prices on 7 out of 18 models.  The seven discounted models account for 65% of Nissan’s overall sales.  The price discounts range from about $550 on a Nissan Altima to $4,500 on a Nissan Armada. Nissan has stated that the… → Read More

SiriusXM hit a new 52 week high today and was actually knocking on the door of $3.40.  The biggest question here is whether or not we will be seeing a top, or exactly what the top will be.  The volume today was lighter than the previous day, but… → Read More

SiriusXM has broken into new 52 week high territory.  This is great news in that it helps establish a new and higher trading range.  Watch the volume closely.  So far so good, but the day is young.  What we want to see is this move happening on substantial… → Read More

As expected we saw a pop in SiriusXM today on the conference call.  The call was good and the company is performing well.  The best news out of the call is bitter-sweet.  The company has bought back 209 million shares and the $2 billion share buyback is now… → Read More

Before I say anything else, I want to say that SiriusXM posted a solid quarter and continues to move forward with good financials and a business model that will continue to grow.  Quarters like this will build this equity to $3.50 and beyond, but it will simply take… → Read More

It has been a long day and I just got back my power. As it is I am posting via iPad today and have no access to the usual charts. Tomorrow will be back to normal. That being said, we are at an interesting dynamic with SiriusXM. We… → Read More

SiriusXM is getting ready to do its Q1 call on Tuesday morning.  This leaves 1 trading day for the action to set up prior to the street seeing the numbers.  I anticipate that there will be a run of sorts going into the call, but the key this… → Read More

SiriusXM seems to have paused a bit today.  Volume was slightly higher than yesterday but closed down a couple of cents.  I look at this as a simple pause.  I find this pause healthy for the equity.  The target of a 52 week high is only a bit… → Read More