When one company is tangling for control over another it is bad for the stock. Wrong. Nasdaq:SIRI seems to be flourishing with takeover rumors. As StockTickTock.com reported earlier the Warren Buffet Connection is also adding value to Sirius XM. Investors know that Buffet’s company makes strategic investments on solid companies. Liberty Media will need as much help as possible if [...]
Is Warren Buffet’s Berkshire Hathaway looking to get involved with Sirius XM? SEC reports filed show that Berkshire has purchased some stock of Liberty Media. Liberty Media owns a 40% stake in Nasdaq : SIRI. Questions surround what Liberty Media ( NASDAQ:LBTYA ) actually plans to do with their stake in Sirius XM Radio Inc. Some suggest that Liberty might [...]
Just like we predicted only a few months ago. Steve Jobs has resigned from his CEO position at Apple Inc. Fears of his health have been driving the stock up and down for the past few years. Watch for a dip tomorrow, followed by a “correction” Friday. The stock is bound to go back up. The question is how long [...]
Ron Paul placed second, barely, in the Ames Iowa straw poll this past weekend. The media actually started to predict a Ron Paul win by trying to marginalize the polls value, before it even took place. Now they have a winner that is “media worthy,” but Ron Paul’s placing was a victory in many ways. They covered the race, they [...]
The markets are crazy right now. Sirius XM’s stock Nasdaq : SIRI, has a history of this up and down nature. Severe drops followed by severe, but steady, gains. Penny stocks are of a volatile nature, Sirius has always been known as “the next big thing.” Institutions seem somewhat scared by SIRI due to its up and down nature, at least mutual [...]
When a stock drops for seemingly no reason it is time to buy, unless there is indeed a reason. Sirius XM Radio’s stock Nasdaq:SIRI is down about 15% from its 52 week high just weeks earlier. This intense drop would normally bring intense panic for loyal investors, but there is very little to go on. Those who sold SIRI around [...]
Sirius XM Radio ( Nasdaq:SIRI ) hit a new 52 week high today. SIRI is up almost 15% over the last 15 days, a huge amount given earnings were below what many suspected. Sirius XM Radio’s stock keeps defying conventional wisdom and just keeps growing. The main factor isn’t public opinion, but the opinion of financial institutions. Just like was predicted [...]
Osama Bin Laden has been buried at sea in less than 24 hours after the United States forces “killed,” Osama in Pakistan. Supposedly, Osama’s body was brought to Afghanistan for proof and then buried at sea. Afghanistan has no sea, so bringing Osama back to Pakistan probably made the most sense. Because, burying a body of the most sought after man for 10 years less than 24 hours after you killed [...]
Sirius Satellite Radio ( Nasdaq : SIRI ) has always had an uphill battle. Arguably one of the most loved stocks by day traders, institutions have largely not climbed on board, at least again. Currently SIRI has an institutional ownership percentage of 33.04. This is small potatoes when compared to Google’s ( Nasdaq : GOOG ) institutional ownership of over 70%. A lot of this [...]
Microsoft wins? Sony Corporation ( NYSE:SNE ) released today that those with Playstation Network accounts have had their personal details along with credit card numbers compromised. Compromised, meaning they have already started to use this data for fraudulent charges. Sony could have recovered somewhat easily by telling people about this. Instead SNE waited days to report anything to their users, in the [...]
