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
SiriusXM Kicks Off NFL Training Camp Season Coverage
SiriusXM will kick off its 10th annual SiriusXM NFL Radio Training Camp Tour today, July 25, broadcasting live from all 32 NFL teams’ training camps and giving fans the most comprehensive radio coverage available as the 2014 NFL season approaches. Football has been a satellite radio staple since the… → Read More
SiriusXM Holds The Line
SiriusXM has managed to hold itself above the 200 day EMA this week, but has not managed to take the step above $3.50 despite several technical indicators that point to the equity being bullish. In my opinion the street is simply waiting for the fundamental story on the… → Read More
SiriusXM Technicals Remain Cautiously Bullish
We are certainly in an interesting place with SiriusXM. The technicals are telling a bullish story. My only hesitation is that we are fast approaching the quarterly call, and volume is drying up as the equity holds in a critical area of support and resistance without really breaking… → Read More
SiriusXM In Hot Water Over Mailing Envelopes
SiriusXM has had its share of spats with consumer advocate groups regarding marketing practices over the years. There have also been a handful of lawsuits centered around people receiving unwanted communications from the satellite radio provider, and suits complaing that SiriusXM is obtaining personal information about car buyers…. → Read More
SiriusXM Gets Bullish Going Into Quarterly Call
The technical signals are all green, the EMA’s are set up nicely, and everything seems to be in place for SiriusXM to finally make a bullish run. The big question now is whether the quarterly call will support this new bullish sentiment, or whether the recent changes are… → Read More
SiriusXM Announces More Share Buy-Backs
SiriusXM has announced that its Board of Directors has approved an additional $2 billion common stock repurchase program. In total, the share buy-back program now carries an overall value of $6 billion. The announcement did not state whether Liberty Media, the majority holder of SiriusXM share would participate in… → Read More
Live Nation Partners With Yahoo To Air Concerts
If you thought that Liberty Media’s interest in SiriusXM and Live Nation would bring about some synergistic qualities you may well be wrong — at least at this stage. In a deal announced Friday, Live Nation is broadcasting an impressive 365 concerts on it Yahoo! channel on Yahoo… → Read More
June Car Sales Data
June saw the nice trend in new car sales continue with just over 1.4 million new vehicles sold. The trend in the categories continue with just about half of the new cars sold being in the “unpaid” promotional subscription category, meaning that the satellite radio equipped cars sold… → Read More
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