Investor News

SiriusXM is drifting lower on low volume.  The positive take is that the volume is low, so there is no strength in the move.  The negative take is that it will be impacting the technicals.    A close of $2.82 or less will bring in two caution flags…. → Read More

As we all know, auto sales data for October 2012 are in and while there was some impact from Sandy, there are other underlying data points to look at in order to understand how October auto sales relate to SiriusXM (NASDAQ:SIIRI).  The month of October brought in sales… → Read More

While discussing the financial impacts of Sandy might not be the most compassionate subject given the loss of life and overall devastation it caused, it is a subject that needs to be considered as everyone tries to pick up the pieces and move on, trying to get to a… → Read More

Technically speaking things look very bullish for SiriusXM at the moment.  The Q3 call is complete, the financials are strong, and the outlook is good.  From a company standpoint there is little to be concerned about.  Things are pointing up, but there is a need to have a… → Read More

SiriusXM is trading at high volume.  While $3.00 will not be in the immediate future, a close above $2.85 bodes well from a technical standpoint.  The company is behaving in a very bullish fashion and establish stronger support levels at higher price points.  This bodes well.  I do… → Read More

It is not often that a company misses on earnings and a stock does not retract some, but the SiriusXM story is a resilient one, and what we saw delivered today was a good quarter that highlighted positive performance and a strong outlook for the future.  What we did not… → Read More

Karmazin indicated that the company will be under leveraged in 2013 and stated that returning capital to shareholders at the next Board Meeting.  This would seem to indicate that share buybacks and/or dividends are not going to happen in the immediate future.  Again, expect tepid reaction to the… → Read More

SiriusXM Radio (NASDAQ: SIRI) today announced third quarter 2012 financial and operating results, including revenue of $867 million, up 14% from third quarter 2011 revenue of $763 million.  Net income for the third quarter 2012 and 2011 was$75 million and $104 million, respectively, including a loss on extinguishment of debt of $107 million in the third… → Read More

SiriusXM announced results but offered no 2013 Guidance.  Look for tepid reaction.

I am still operating mobile, so the charts will not accompany this piece. The action today was volatile and it all happened on below average volume. This is an indication that the equity does not want to tumble down, but is willing to test lower if the opportunity… → Read More