Investor News

We have not seen the $3.00 test materialize.  It still could happen, but IMO that would be a dramatic shift from what has transpired over the last hour.  SiriusXM is testing below $2.90.  If it is willing to test a level, it means that it can go there…. → Read More

In early action there seems to some decent volume for SIRI.  My call of testing $3.00 and overshooting it slightly is still in play.  Watch behavior of volume at $3.00 closely.

I told you all that options week can be wild and that is certainly what we saw today.  Tomorrow will be even more interesting as I expect this equity to flirt above $3.00 for the first time and build some excitement, nervousness, and anticipation related to options expiration…. → Read More

This is a massive volume day!  SiriusXM has taken out $2.90 and tested as high as $2.96.  This type of action resets the stage.  There are compelling things happening and we want to ride this wave.  Active traders already in may well want to sit tight and ride… → Read More

Early action showed a head fake toward $2.80, but volume stepped in and brought this stock to $2.87.  This represents two early tests.  The first at lower levels, and the second above the $2.85 level.  In my mind the equity has potential to test $2.90 soon.  Watch closely…. → Read More

If you have been following what I have been writing you are aware that I am very bullish on SiriusXM surrounding the upcoming Q3 conference call, but with some very specific parameters.  My theory is quite simple.  SiriusXM is trading at a premium based on 2012 numbers, but in… → Read More

SiriusXM has been on a bit of a run of late and for the first time in a long time it appears that $3.00 is not only within striking distance, but a very viable possibility.  That is likely music to the ears of long term investors that have… → Read More

Okay, here is the situation.  SiriusXM started off the day on what I would consider below average volume and below recent volume.  That indicates that the current trading range is in tact.  As the day progressed, the volume picked up, and we closed the day out on above… → Read More

SiriusXM tested the waters above $2.80 but did so in pre-market.  Watch the first two hours closely for signs of testing levels and what volume it does it on.

While this site is about satellite radio, it is also about investing and investment ideas.  There are many equities out there that have some compelling stories as well.  Longer term satellite radio fans probably remember the good ole days when there were two companies, Sirius and XM, and… → Read More