SIRI - Sector: Services---Industry: Broadcasting & Cable TV

[AustinPowers]

Guys-

From a technical perspective is there confirmation yet that this is in a new uptrend?  Any price targets?  Thx

[setravis]

What's this I see forming? An Inverted Head and Shoulders with a retest of the neckline?
May be next week will tell. 4 days down in a row and came close to touching the 13-dma, Friday mornings strength means to me the buyers are returning and aren't being too shy. I think its a buy right now, IMHO. If the stock can form new support above 7.01, look for a rally to previous highs.

Where you at Melf Elf? 

Support @ $7.00...6.86...6.74
Resistance @ $7.15...7.44...7.53
MACD is Bullish
Stochastic is neutral

[cc1120]

Any advice on PRGX? 90% drop in one month, is it time to buy now?
thanks.
cc1120

[Terliso]

cc1120 (here)

[Terliso]

Setravis, good observation on SIRI's chart (applaud)
take a glimpse of my chart what do you think?

[cc1120]

Prgx up 95% this morning with a pr.

[setravis]

North bound with SIRI.....Let's Rock and Roll !!!
+4.18%......Volume now @......27,454,858

[setravis]

Breakout on Volume.
Volume: 71,547,901........
Avg Volume (3m): 39,788,700

[setravis]

AP
Sirius, XM Shares Rise on Analyst Call
Friday December 9, 12:56 pm ET 
Sirius Satellite Radio, XM Satellite Radio Shares Advance in Trading on Positive Citigroup Call


NEW YORK (AP) -- Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. both rose Friday after Citigroup urged investors to buy shares in both the pioneering media outfits.
Analyst Eileen Furukawa said in a report to clients that "satellite radio is one of the few growth stories in media." She initiated coverage on both stocks with a "Buy" rating.

XM Satellite Radio increased 65 cents, or 2.3 percent, to $28.51. Sirius rose 29 cents, or 4 percent, to $7.72. Both trade on the Nasdaq.

"In our view, satellite radio is one of the few areas within the media sector that offers attractive secular growth," Furukawa said. "The industry has already experienced robust growth from 4.4 million subscribers at the end of 2004 to our estimate of 9 million by the end of 2005."

She anticipates growth will continue to impress, reaching some 51 million subscribers by 2015. However, the analyst also pointed out that the growth stories also carry a certain amount of risk -- especially with stock valuation.

Furukawa noted it might be difficult to determine where the stocks should be trading at because they are relatively new companies. She also compared them to another one-time "emerging growth story" -- America Online.

"Like the Internet in its early years, valuation can become tricky and biased when based on estimates that need to go a decade or more out, particularly when growth is nascent and rapid," she said.

XM Satellite radio shares could hit $43 within the next 12 months, she said. Sirius, which in 19 days will get its biggest on-air coup when shock jock Howard Stern goes on air for the first time, could see its stock price hit $9 in the next 12 months.

[setravis]

SIRI...just made a new high for the day.
Looking to close @ the HOD.....

[setravis]

SIRI, closes a penny from the HOD of $7.88.......
Super volume today.
Volume: 90,860,007..........
Avg Vol (3m): 39,788,700

Technicals
Most Actives

Last Price Quote is:
9.69%above 13-day EMA
14.40%above 50-day EMA
RS Rating: 83 

Fundamentals
Coverage Initiated: Buy

Key Data:
Market Cap (M): $9,480.12 
P/E Ratio: NA 
PEG Ratio: -0.39 
Next Earnings: 01/25/2006
Last Analyst Rating: Buy

[setravis]

Very active in the pre-market.....

SIRIUS SATELLITE R (NasdaqNM:SIRI) Delayed quote data 

Pre-Market (RT-ECN): 7.116  0.29 (4.19%).....Volume @.....3,058,600

Last Trade: 6.83
Trade Time: Dec 23
Change: 0.00 (0.00%)
Prev Close: 6.83
Open: N/A
Bid: 7.13 x 8000
Ask: 7.14 x 18600
1y Target Est: 8.02

  Day's Range: N/A - N/A
52wk Range: 4.42 - 8.48
Volume: 2,584,731
Avg Vol (3m): 42,915,400
Market Cap: 9.09B
P/E (ttm): N/A
EPS (ttm): -0.62
Div & Yield: N/A (N/A)

[setravis]

AP
Sirius Tops 3 Million Subscribers
Tuesday December 27, 8:38 am ET 
Sirius Satellite Radio Tops 3 Million Subscribers, Expects Strong Finish for Year


NEW YORK (AP) -- Satellite radio provider Sirius Satellite Radio Inc. said Tuesday it recently topped more than 3 million subscribers to its service and expects a strong finish for the year.
Sirius sells more than 120 channels of commercial-free music, talk shows and other programming to subscribers. The company, which recently launched a Martha Stewart channel and agreed to a multimillion deal with Howard Stern, didn't provide additional information about its subscriber count or expectations for the year in its statement Tuesday.

Rival XM Satellite Radio Holdings Inc. has more than 5 million U.S. subscribers.

[calven]

Think its time to load up!

cal

[fous]

Think its time to load up!

cal

Looks like it Cal, Gettin ready to make another attempt at breaking that 7.61 ascending triangle breakout resistence.

Notice the corresponding pattern between RSI and the trend, Every time price action bounces off the trend line RSI bounces of the 30 point area. And pps just did it again, so looks like a good opportunity to  get in at the low of the next rally.

-fousc