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Sirius Stock Price

Discussion in 'Sirius XM General Discussion' started by Dolly, Nov 28, 2008.

  1. Dolly

    Dolly Hall Of Fame

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    Well Sirius stock for some reason is going up--not much, but going up. Why I don't know? The S&P just lower their rating on Nov. 26th. The low was 0.146 and today it is 0.203. Their business meeting isn't until next month. BTW I do NOT own any Sirius stock. Thank goodness ;)
     
  2. Ken S

    Ken S RIP

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    Feb 12, 2007
    Not sure I'd call it a trend quite yet. SIRI has to show they can handle their debt payments (refinance) that come due next year before that stock is going anywhere
     
  3. Dolly

    Dolly Hall Of Fame

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    I know so I can't figure out why it is going up? I added to my 1st post that their rating was actually lowered on the 26th. And the stock goes up :confused: I will never understand the stock market :rolleyes:
     
  4. Ken S

    Ken S RIP

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    Going up a few pennies isn't really much. It could have been nothing more than a few low volume trades near the end of the day. Remember, the closing price on a stock is nothing more than the last trade...that trade could be 1,000,000 shares or 1.

    The key thing to watch is volume if you see the stock's volume go up significantly than there's a good shot something is about to happen (insider trading is very much alive and well).
     
  5. Dolly

    Dolly Hall Of Fame

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    Just ask Mark Cuban about insider trading :lol: However, where do I find volume? I just took the price off an XM Fan site that lists the stock price only.
     
  6. tcusta00

    tcusta00 Active Member

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    Dec 31, 2007
  7. Dolly

    Dolly Hall Of Fame

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    Jan 30, 2007

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