SiriusXM is holding up well in the $3.50’s and this is quite positive. The one issue with this is that the volume is not at the high levels that it would take to sustain an upward trip into the $3.60’s. We are in the proverbial two steps forward… → Read More

SiriusXM Makes Bullish Move!
Wow! It is finally happening. SiriusXM has broken and closed above $3.50! I have stated several times that this was a critical level. the next trick is to hold above this level, build support below, and test the $3.60. The move up above $3.50 happened on above average… → Read More

SiriusXM On The Cusp of Bullishness
We have been down this road before. SiriusXM makes a bullish run but does not get back up above the 200 day EMA and does not break above the $3.50’s. The action Friday was quite positive and give a glimmer of hope. The volume looked good, and the… → Read More

Can SiriusXM Get Bullish?
After the quarterly call, the SiriusXM equity saw a brief spike up, but failed to take out critical resistance levels and ultimately has settled back down into the $3.30’s. This has set the stage for a proverbial battle of technicals and fundamentals. From a technical standpoint the equity… → Read More

Liberty Media Now Controls 56% of SiriusXM
The ownership of Liberty Media in SiriusXM has been able to increase even while the company sold shares back to SiriusXM. This happened because SiriusXM is in the midst of a share buyback program that has the company buying up shares in both the open market as well… → Read More

SiriusXM, ASR, and Short Interest
SiriusBuzz Premium member Denco found an interesting note in the 10Q relating to an Accelerated Share Repurchase Agreement (ASR). The concept of an ASR is relatively simple. SiriusXM contracted to repurchase a large block of shares at an agreed upon price with some of the shares being delivered… → Read More

July Auto Sales Strong, But Below Expectations
The headlines for auto sales in July of 2014 will read in a disappointing fashion, but the reality is that overall we saw a 9% gain over last year. Expectations were for a gain of about 11%, which is why the street seems to feel that the sales… → Read More

SiriusXM Technicals Turn Bearish After Quarterly Call
I know that you do not want to hear this, but it is true. The technicals on SiriusXM are simply not as pretty as we would like to have seen. Despite the fundamental story remaining in tact, the stock has yet to be able to show itself as… → Read More
SiriusXM Turning A New Leaf
2014 has been an interesting year for investors in SiriusXM. We have seen a buyout offer from Liberty Media, seen the metrics that we have grown accustomed to shift to new meanings, and have seen the company shift from one that delivers bottom line growth to one that… → Read More

SiriusXM “Kinda” Bullish Headed Into Call
SiriusXM has been pretty much treading water. There are many bullish signals in the technicals, but the street seems to simply be waiting on the call before making any big moves. The equity has been uncomfortably trading in the $3.40’s for quite some time. A good call will… → Read More