Based on figures for short interest in Nasdaq stocks at mid-December, traders increased their bets against a number of discount brokerage and technical stocks. The numbers compare figures on December 14 to…
Not many stocks are likely to double. Even well-run companies like Cisco Systems (NASDAQ:CSCO) are not likely to move 2x even with great results. The market caps are already too large and…
Short seller are certainly willing to bet against the future prospects of Sirius Satellite Radio (SIRI). Shares sold short in the company rose 14.4 million between November 15 and November 30. The…
Douglas A. McIntyre The short interest in many Nasdaq-traded tech and communications stock rose sharply according to figures from November 30. They compare to number from November 15, 2007. Shares sold short in Level 3…
Wall St. is after Sirius (SIR) and XM Satellite (XMSR) again. Investors are still unsure whether the two companies will merge. Subscriber growth has slowed for each. And debt levels at the…
Douglas A. McIntyre XM Satellite Radio (NASDAQ:XMSR) shares are reeling from a Goldman Sachs downgraded this morning. Goldman Sachs downgraded its Neutral rating down to a new SELL rating with a 26% downside risk to…
Douglas A. McIntyre Bear Stearns has a research note out calling for an imminent decision on the regulatory approval decision regarding the merger between Sirius Satellite Radio (NASDAQ:SIRI) and XM Satellite Radio (NASDAQ:XMSR). This does…
Douglas A. McIntyre Nasdaq released short interest in stocks listed on the exchange for the period ending November 15 compared to the numbers on October 31. Short sellers made substantial bets that some financial and…
In the current credit environment, there are several fairly big companies that could get in enough trouble that it would wipe out the common shareholders. The ones in the financial industry like…
The National Association of Broadcasters and all of its radio station members are against a merger of Sirius (SIRI) and XM Satellite (XMSR). They don’t want the satellite radio business to be…
Douglas A. McIntyre The Wall Street Journal came back to the XM Satellite (XMSR) merger with Sirius (SIRI) today. The paper thinks the prospect for the marriage may have improved. Some of the car companies…
Douglas A. McIntyre According to Reuters, the Fed’s decision to make an October rate cute was a "close call." Reuters writes that Paulson said home loan defaults will be much higher in 2008. Reuters writes…
SIRIUS Satellite Radio Inc. (NASDAQ:SIRI) announced that its stockholders voted to approve an amendment to its certificate of incorporation and the issuance of SIRIUS common stock to accomodate its merger with XM…
Douglas A. McIntyre Below is the short interest in certain stocks traded on Nasdaq. The figures are as of October 31 and compare to numbers posted on October 15, 2007 Largest Short Positions Company …
The good news is that the FCC sent detailed questionnaires to XM Satellite (XMSR) and Sirius (SIRI) about their businesses in contemplation of deciding the fate of the merger of the two…
Douglas A. McIntyre