Investor News

I like the action and the volume so am pulling the trigger on a mock trade at $3.16.  The mock account had $691.35 in cash, so I am looking at filling my over core level 2 with 218 shares.  With this trade I am all in with the… → Read More

Today was a perfect example of why watching technicals closely can be a big help to an active trader.  I had identified $3.15 as a key point for this equity and stated that if it can pass $3.15 on high volume and hold it that I would be… → Read More

SiriusXM has painted $3.19 intra-day today, but did so on volume that was lighter than I would like to see.  I am watching for a move above $3.15 on high volume before making a buy decision in the mock account.  If the equity can close above $3.15 it… → Read More

Well, that was disappointment!  I had expected the company to be conservative on subs because of the GM deal, but 1.4 million for 2013 certainly put a damper on the 2 million added in 2012!  The other guidance was pretty much what I anticipated seeing, albeit the revenue… → Read More

With SiriusXM issuing guidance today it becomes much easier to step back and visit valuation models while carrying baseline assumptions vs. a more slightly bullish model.  When I look to establish a price target on an equity I like to use the Enterprise Value to EBITDA method.  This… → Read More

Sirius XM Radio (SIRI) today announced that it ended the year with 23.9 million subscribers, reporting 2 million net subscriber additions in 2012.  The company also announced that it expects to meet or exceed all of its 2012 financial guidance.  That was the headline for SiriusXM today.  Unfortunately… → Read More

If you are long SiriusXM you likely appreciate the action at the close.  After displaying some weakness early in the session the company rallied on decent volume and posted a painted close at $3.14.  While it did not demonstrate the ability to pass $3.15, and lacked the volume to do… → Read More

Just when it appears all of the stars will align and this equity can make a run, none of the stars align.  SiriusXM certainly has the subscriber data in hand, but as yet has not delivered it.  SiriusXM is rumored to have personalized radio (MyControl) just about ready,… → Read More

We are seeing a bullish bias in SiriusXM as the equity continues to trade above $3.00.  The volume Friday was high and the technicals are looking pretty bullish.  The equity did try to test the $3.15 resistance level but bounced off of it and retreated to $3.10.  The… → Read More