Over the last few weeks several state attorneys general have come out against the merger of Sirius (SIRI) and XM Satellite Radio (XMSR). There has also been talk of a new competitor…
This afternoon we saw earnings out of Sirius Satellite Radio Inc. (NASDAQ: SIRI) and we saw earnings from XM Satellite Radio (NASDAQ: XMSR) this morning before the open. Unfortunately, it looks like…
Douglas A. McIntyre The short interest in Sirius (SIRI) inflated by 30.9 million shares to 188.9 million. The figures compare April 30 to April 15 numbers. Investor are clearly willing to gamble against the company’s…
Monday may be quite an interesting day for satellite radio investors. Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) will both report earnings. While everyone will be breaking…
Douglas A. McIntyre Shares of both Sirius Satellite radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are trading higher in pre-market trading today. You could say it is the market, but it could also…
Douglas A. McIntyre XM Satellite Radio (NASDAQ: XMSR) and SIRIUS Satellite Radio (NASDAQ: SIRI) have just announced that both companies have agreed not to exercise their rights to terminate the proposed merger agreement based on…
Douglas A. McIntyre MediaPost has a rather interesting article out today citing state attorneys general from four more states have joined ten others in their opposition of the merger between Sirius Satellite Radio (NASDAQ: SIRI)…
Douglas A. McIntyre Short sellers have fallen in love with Sirius Satellite (NASDAQ: SIRI). Actually, they were already in love. It has moved to infatuation. The short interest in SIRI sky-rocketed for the period ending…
Douglas A. McIntyre According to Nasdaq data for the period ending April 15, short sellers moved aggressively out of tech shares. The figure compare with those posted on March 31. The short interest in Microsoft…
It turns out that people who have Sirius Satellite Radio (NASDAQ: SIRI) packaged into their new cars are not anywhere near as likely to renew their service as people who go out…
Douglas A. McIntyre No rest for the weak in a market which even punishes mediocrity. Several widely traded companies made new lows. Firms with heavy debt and poor operating profit prospects were hit particularly hard.…
Sirius (NASDAQ: SIRI) hit a new 52-week low today at $2.45. While The Justice Department gave its plan to merge with XM Satellite (NASDAQ: XMSR) an OK, there has been no news…
Douglas A. McIntyre Most companies on Nasdaq did fairly well with the shorts in the period which ended on March 31 compared to March 14. The two tremendous exceptions were Level 3 (LVLT) where short…
These are not the only analyst calls impacting stocks, but these are the top analyst calls that 247WallSt.com is focusing on this Friday in pre-market trading: Allegheny Tech (NYSE: ATI) cut to…
Once The Justice Department cleared the merger of Sirius (NASDAQ: SIRI) with XM Satellite (NASDAQ: XMSR) and there was some anticipation that the deal would get done the shares of both companies…
