Investor News

Just a quick note.  It looks like $2.80 will be the challenge point.  I see it holding and expect a close between $2.80 and $2.82.  This is edging down, but not with any strength.

I am mobile this evening, so the usual charts will not be possible.  We can however look at today’s action and what it means to the equity.  The most notable item of the date was a quick dip on some Apple news, followed by a quick recovery.  Pandora… → Read More

If you blinked you missed it!  SiriusXM saw a quick dip to $2.79 on rumor that Apple will launch a radio service in 2013.  The equity has recovered.  Pandora was not so lucky.  It saw over $2.00 come off of the share price, and was halted for a… → Read More

There are rumblings that Apple will introduce a music service in 2013.  Pandora dropped to the $7’s and trading was halted.  SiriusXM went from $2.87 to $2.79.  Stay tuned and don’t get an itchy finger just yet.  Bullet Points are typically reserved for SiriusBuzz Premium members, but I… → Read More

While writing the last piece there was a major dip on volume.  $2.85 has been blown by, and $2.79 tested.  That came out of the BLUE!  RESET!  Watch the 20 day average at $2.77 carefully.  If that breaks we can see $2.70 in short order!  Stay Tuned!

As a SiriusBuzz Premium member you are going to see this first, as well as get my thoughts and insight on the upcoming Q3 conference call.  I have said that this call is about everything BUT the earnings, and I still believe that to be the case.  We… → Read More

With just under a week to go in October we are still seeing a good pace for new car sales in October.  While seeing good sales numbers is great news, there is even stronger news in the underlying story.  The auto sector is seeing these impressive gains while doing so… → Read More

Just in case you missed these, I published a couple of pieces on Seeking Alpha.  One regarding a dividend for Liberty Media, and the other regarding the S&P credit rating: Liberty Media Has Substantial Dividend Coming S&P Neutral On Karmazin Leaving – Why This is Big News

I actually had to wait a bit this morning to try to see some definitive direction.  It has not appeared.  To me this points to consolidation.  $2.95 will not really see a test, nor will $2.85.  Look for this to consolidate throughout the day unless some compelling news develops.