Investor News

Liberty Media purchased 50 million shares and with that purchase is now over the 50% threshold (as defined by the SEC) to have majority control over SiriusXM.  There are indeed “other shares” out there tied to convertible bonds, employee stock options, etc. that could dilute Liberty to below… → Read More

Liberty Media bought an additional 50 million shares to take effective control of SiriusXM.

Today was actually an enlightening day as it relates to SiriusXM.  The equity is still light on volume, but the volume today was heavier than yesterday.  Essentially it appears that consolidation of sorts is underway.  With the company conference call just two weeks away we will be in… → Read More

For those that listened to the radio show, you are likely aware that I have written up a piece on a speculative pharma play.  While we all love investing in SiriusXM, there are indeed other opportunities out there as well. I wrote a piece on Retrophin (RTRX) for… → Read More

You have likely heard the old adage that gaps always fill.   Well, like or not there is a gap at $2.90.  Whether or not that gap will fill is the subject of lively discussion.  Interestingly, the higher the stock stays, the more difficult it may become to fill… → Read More

SiriusXM has dipped below the 5 Day EMA which was at $3.13.  The close of $3.12 represents a caution flag in the EMA chart.  While not an all out sell signal, the move down here does show a sign of weakness.  The Technical report will be published later… → Read More

It was an interesting day today.  The volume on SiriusXM literally evaporated out from under the equity.  The stock stayed in a range, closed above the 5 day EMA and held support lines.  In some ways this action seems bullish, in others bearish.  More likely than not it… → Read More

SiriusXM is not rocking the world at the moment, but the equity is holding ground and showing resiliency   The fact that the equity held the $3.15 level is important and good.  While that does not mean that downside risk has been eliminated, it does help mitigate the level to… → Read More

I am traveling and will have the regular technical update for readers in the pre-market tomorrow.  The 10 second version is that volume was good, technical signals are bullish, and the equity is holding the line at $3.15.  Stay tuned

SiriusXM closed out the week on a high not.  It managed a close above $3.15 on high volume.  This is a signal that I had been looking for as a stating point for a run and a test of $3.25.  While this test may not be immediate, the… → Read More