SIRIUS XM Day-Two Volume Mover (SIRI)
Posted in GeneralAugust 21st, 2009
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is seeing a day-two run over word of a docking station for iPhones or iPods. Details are still not cleatr but this had shares running higher by more than 10% yesterday on more than 2-X volume. This morning we have shares at 8:30 AM EST trading up 7% at $0.728 on about 3.7 million shares. If this holds up, that 54 million share average is going to be taken out early, again… The 52-week range is $0.06 to $1.43… -JON OGG
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