Investor News

I had told readers that a share buyback or dividend from SiriusXM could be announced at any time, once they made public the $1.25 billion credit facility.  Well, the company did not waste a moment.  SiriusXM has announced a special dividend as well as a share repurchase program!… → Read More

Well, another very interesting day has happened with SiriusXM.  The action today saw me get slightly upside down in mock trading, but as you can see, the impact was minimal, and the trades defensive in nature.  SiriuisXM is still seeking a direction to move.  It is still consolidating, and still playing… → Read More

Sold level 2 over core at $2.75

I made a purchase of 247 shares to fill my Level 2 Over Core at $2.80.  The account value is in positive territory.   With that trade in the books, the strategy is as follows: – Sell Level 2 Over Core at $2.85 if volume is moderate or… → Read More

The reaction to the Liberty Media/Disney news seems to have been absorbed.  If volume is heavy at the open, I am a buyer at $2.80.  I sold the Level 2 Over Core at $2.77 yesterday.  The second stage is if there is no heavy volume at $2.85, I… → Read More

Well, it was an interesting trading day to say the least.  SiriusXM was showing relative promise, albeit on light volume throughout most of the day.  The problem is that when the volume did kick in, the equity gave up some of the potential. This behavior is the consolidation type trading… → Read More

Is this bear attack a head fake or real?  That is the million dollar question.  The equity showed strength in this dip, but thus far has held the line at support.  From a volume standpoint there is reason to worry.  From a support and resistance standpoint there is… → Read More

SiriusXM has touched $2.77 on moderate volume.  This triggered a sale of 250 shares at $2.77.  These 250 shares were in the Level 2 Over Core portion of the account holdings.  These shares were sold at a profit of 1 cent.

We anticipated that the headlines for November auto sales would be positive, but the actual numbers were actually slightly higher than anticipated, which sets up a new dynamic for whether or not SiriusXM can hit the 2 million subscriber mark for 2012.  With auto sales pacing decently and… → Read More

It has been a couple of weeks of frustration when it comes to SiriusXM.  One day the technicals look bad, the next they look good, and so on.  After see-saw moves in both directions and consolidation being the operative word of the day, it finally appears that we… → Read More