For the first time since May of 2007, online music streaming service Pandora is, once again, available in both Australia and New Zealand. This continent crossing deal marks the first international expansion for the publicly traded Pandora which saw a 4% pop on the news. The company is… → Read More
SiriusXM Testing Highs On Lower Volume
As nice as it is to see SiriusXM testing higher ground, it is frustrating to see it happen on low volume. Things with SiriusXM will begin to get quite interesting with the dividend paying out, end of year tax sales, a short interest approaching high levels, and the… → Read More
Have I Told You Lately SiriusXM Is Consolidating?
You may grow tired of this, but SiriusXM is consolidating. I know, it is the same old story! However, if you want to be a savvy investor this is when you want to pay the closest attention. While others fall off to sleep, you will be in tune… → Read More
SiriusXM Putting Up Caution Flags
Bullish one day and bearish the next. Ity is the same situation over and over again lately. Welcome to the frustrations of consolidation. At least frustrations for active traders. Yes, money can be made during these periods by trading, but it takes a great deal of skill and… → Read More
Bullet Point – SiriusXM Testing Lower
SiriusXM has moved past $2.75 and seems to be poised to test the 50 EMA at $2.71. Watch this closely. If it happens on strong volume (that does not appear to be the case), then we need to pay close attention to the $2.45 / $2.65 range. A… → Read More
SiriusXM Puts Up Caution Flag
As we get ready to open up a new week of trading, we want to look at how the equity closed out the last week. Most signs continue to point to consolidation with a bullish bias, but there are time during consolidation when caution flags will appear from… → Read More
Spotify Passes 5 Million Paying Subscribers
It has been revealed that Spotify, the Internet Radio service famous for On-Demand music streaming, now boasts 5 million paying subscribers with 1 million of that total coming from the United States. While these numbers may not look impressive at first blush, getting 1 million self paying subscribers… → Read More
Technical Update – Bad Call – Lesson Learned
I would have thought that finally getting a share buyback announced with a dividend to boot would have been enough to shoot this equity up. My mock account is suffering slightly because the high of the day seems to have been in pre-market! I bought in the mock… → Read More
Bullet Point – More New Lawsuits
While details are not yet available, more lawsuits have been filed against SiriusXM. One suit is a patent infringement suit relating to the XMP3, the XMP3i, and the new Lynx radio. The patent in question dates back to 2003 and relates to Personal spectrum monitoring. The second… → Read More
Bullet Point – Mock Trade
I am not waiting, and am pulling the trigger on a buy. I am buying 238 shares in the mock account at $2.86. More detail later.
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