SIRIUS XM Losing Momentum (SIRI)
Posted in GeneralAugust 26th, 2009
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is still active but is also petering out from the gains over the last week. We are still awaiting the ‘product announcement’ from the company. At 9:01 AM EST we have seen some 700,000 shares trade hands. We have a drop of about 0.6% at $0.691… Prior Hi/Low and volume of the last four days are as follows:
HIGH..LOWS… CLOSE… VOLUME
$0.74 $0.67 $0.70 77,352,600
$0.77 $0.69 $0.73 109,891,900
$0.78 $0.69 $0.70 175,461,300
$0.70 $0.62 $0.68 137,148,000
If the news does not come out or if the news is deemed a dud, this one has run from $0.54 less than two week s ago….
-JON OGG
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