MyControl in Limited Public Beta and Looking for a New Name

EDIT: The url can be found here; https://www.siriusxm.com/player/mybeta/#view=login I have on good authority that “MyControl” is being run in a very small limited public beta right now and it will likely be re-branded “MySXM.” I wish I knew more but, I don’t have access yet — I’m working… → Read More

SiriusXM Erases Caution Flags

This was an interesting day.  Light volume, the stock was up, and caution flags have been removed from the EMA chart.  While it is pleasing to see the caution flags disappear it is no reason to throw caution to the wind.  The good news is that the equity… → Read More

Bullet Point – Citi Raises Price Target

Citi has raised its price target on SiriusXM from $3.00 to $3.60.  The firm maintains a buy rating on the stock.  My price target is currently $3.85

SiriusXM – Caution

Well get ready! Another caution flag was delivered today and we are now on the cusp of a third caution flag  as well as our first warning flag.  To top that all off, this action happened on volume of 65 million shares.  While that volume is normal, it… → Read More

The SiriusXM Share Buy Back Dynamic

We all saw the news that SiriusXM would be buying back $2 billion in stock.  The first thing to understand is that a share buyback does not have to happen.  There have been many times where a company announces a buy back and then scraps the plan at… → Read More

SiriusXM Dips – So Does Volume

It is kind of amazing.  SiriusXM is about a week and a half away from a quarterly conference call in which it will announce record revenues, record EBITDA, record Free Cash Flow and other positives yet the stock is trading on light volume and can not seem to… → Read More

January Auto Sales Pacing Well

Here is some good news, the auto sector has not driven over a fiscal cliff and January auto sales seem to be off to a good start.  Last year January auto Sales came in at 914,000.  Yes, that number is low, but this is January and as such… → Read More

Bullet Point – SIRI Flirting With Caution Flag

SiriusXM is flirting with a cation flag on the EMA charts.  The equity has spent a good part of the morning at $3.12 and $3.13.  A close at that level would initiate a caution flag as it is below the $3.14 price that represents the 5 day EMA…. → Read More

SiriusXM Under Liberty Control – Still Trading In Range

Well the official news came out today.  SiriusXM is now under the control of Liberty Media.  From an equity perspective the change of control seems to not matter one iota as SiriusXM traded within its range on volume that is showing continued improvement toward normalcy. Volume SiriusXM is… → Read More

SiriusXM’s Board of Directors Gets a Shake-Up

Well, it would appear that what most were already aware of is now official.  Liberty Media has control of SiriusXM.  The company filed paperwork with the SEC today indicating that not only is Liberty Media in control, but that there is also a shake-up of the Board of… → Read More