SIRIUS XM Goes For 5-Days In A Row (SIRI)

Posted in pre-market 
August 24th, 2009

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is doing what many felt may have been impossible after its dismal 2007 to 2009 performance.  This stock has risen four days in a row and was one of this weekend’s ‘unusual suspects’ for stocks to watch this week from 24/7 Wall Street.  Now we could have a fifth day of consecutive gains ahead of a product unveiling this week, which many think could be an iPod or iPhone dock.  At 8:41 AM EST we have shares up 6% at $0.745 on more than 2 million shares.  Average volume is over 50 million shares, and the 52-week range is $0.06 to $1.41… This may be one of the more active names as the penny stock traders continue to pile in here.   -JON OGG

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