Volume Spike Investor

We are seeing a flurry of interest in shares of Sirius Satellite Radio Inc (NASDAQ: SIRI), or SIRIUS-XM, right before the open.  The company’s CEO Mel Karmazin is coming on CNBC today around 1:30 PM EST with none other than CNBC’s JIM CRAMER.  The bet is that he’s going to talk up his stock, discuss [...]

It has been a while since have seen XM Satellite Radio Inc. (NASDAQ: XMSR) as a leader in CBOE options trading volume.  But this morning we have seen an increased activity out to OCTOBER 2008.  In the OCT08 $9.00 CALLS we have seen 12,415 contracts trade hands as of 11:10 AM EST and the open [...]

If you are a price weighted volume trader that looks for reversal days with large sell-offs on huge volume, Sirius Satellite radio Holdings Inc. (NASDAQ: SIRI) and XM Satellite Radio Holdings Inc. (NASDAQ: XMSR) are sending you huge alerts today.  Goldman Sachs killed the price targets and cut estimates for 2009 on the companies pre-market.
At [...]

Satellite radio stocks are being murdered in the pre-market session.  Sirius Satellite Radio Holdings Inc. (NASDAQ: SIRI) and on XM Satellite Radio Holdings inc. (NASDAQ: XMSR) saw their price targets slashed by Goldman Sachs this morning.  XM is trading down at $9.55 with about 10 minutes to open and it has traded over 180,000 shares.  [...]