Volume Spike Investor

You can see the full guidance commentary and analysis we gave over at 247WallSt.com, but SIRIUS XM Radio (NASDAQ: SIRI) is under pressure again today.  Despite yesterday’s huge market gains this stock is at a new 52-week low (prior range $1.22 to $3.94).  At 11:39 AM EST we have seen shares trade down over 5% [...]

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 [...]

We are seeing active trading in SIRIUS Satellite Radio Inc. (NASDAQ: SIRI) pre-market on several pieces of data.  It looks like the FCC has given the final green light call to approve its XM Satellite Radio Inc. (NASDAQ: XMSR) buyout.   Sirius also posted a 25% revenue gain and posted a narrower loss.
So far at 8:57 [...]

Sirius Satellite Radio (NASDAQ:SIRI) and XM Satellite Radio (NASDAQ: XMSR) are reversing their earlier losses and headed back up.  Reports from Reuters, DealReporter, and the WSJ are all claiming that the 2-2 deadlock is going to be broken with the final vote coming FOR the merger.  Until you have a press release from the FCC [...]

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.  [...]

Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are seeing shares surge in pre-market trading this Monday morning.  The culprit is a tentative approval recommendation of the merger from FCC with certain conditions on a la carte subscribing.
Sirius has seen 2 million shares trade hands and is at $2.75 already this morning [...]