It never stops! There will always be someone suing someone and SiriusXM is not immune. The Miami Police Relief and Pension fund has filed a lawsuit alleging that the SiriusXM (NASDAQ:SIRI) board has not done enough to ward off the control attempts by Liberty Media (NASDAQ:LMCA). While papers… → Read More
SiriusXM Technical Update – Low Volume
SiriusXM (NASDAQ:SIRI) announced today that it would retire some high interest debt and the news kept the equity in decent position, but when looking at volume it is getting more clear that a consolidation mode may be in order. Welcome to the wonderful world of looking at technicals!… → Read More
SiriusXM to Retire $681 Million of Debt
SiriusXM Radio (NASDAQ:SIRI) announced today that, on September 20, 2012, it will redeem all of its outstanding 13% Senior Notes due 2013 (the “13% Notes”), CUSIP Nos. 98375NAA8, U98407AA4 and 98375NAB6, at a redemption price equal to the sum of the present values of the principal amount and the… → Read More
Volkswagen Extends 3-Month Subscription to Pre-Owned Vehicles
Fans of SiriusXM will be excited to know they can now pick up a free 3-month subscription with the purchase of any pre-owned Volkswagen vehicle. The deal is good at any dealership across the United States but, as always, it’s only good on vehicles equipped with a factory… → Read More
SiriusXM Technical Update With New Liberty Information – 8/20
Well, it has been an interesting weekend and beginning to a new week. Liberty Media (NASDAQ:LMCA) literally threw a curve ball late Friday with a new application to the FCC regarding its intent to take de jure control of Sirius XM (NASDAQ:SIRI). While Liberty moving to control is… → Read More
Liberty Tosses Curveball Into SIRI Technicals
Technical analysis is not very good at accounting for news before it happens, but is very good at looking at the results of that news. Friday evening, after I called a short term top in Sirius XM at $2.60, Liberty Media filed to remove its application for de… → Read More
Calling The Near Term Top On SiriusXM
Well the volume that I watch so closely has essentially evaporated and with it the likelihood that SiriusXM can continue its nearly unabated run that we have been experiencing. I am calling the near term top on SiriusXM (NASDAQ:SIRI) at $2.60 per share. This does not mean that the equity can… → Read More
SiriusXM Closes at Another New High – Technical Update 8/16
Closing at yet another 52 week high is something longtime investors in SiriusXM (NASDAQ:SIRI) would love to get used to. The company did it yet again today, and continues to show strength in uncharted waters. The question on everyone’s mind is how long this can continue. Runs like… → Read More
SiriusXM Technical Update 8/15
SiriusXM (NASDAQ:SIRI) is getting exciting again. After recent runs on huge volume it was revealed that Liberty Media has once again increased its stake in the satellite radio provider. While this does not bring final resolution to the Liberty Media situation as yet, it does serve to give… → Read More
SiriusXM Gets Exposure to Asian Investors
While the world is a smaller place than ever thanks to the digital age, sometimes we tend to forget that the global market is far more substantial than the market here in the United States. This is particularly true when it comes to the investment world. People from… → Read More
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