Comments on: Sirius XM Shares Hold Up Well After Russell Rebalance

By: Satwaves

Satwaves — Thu, 16 Jul 2009 20:42:40 +0000

[...] support it has shown recently. You will notice an intraday spike down through the line during the Russell Rebalancing which I consider an anomaly — even though the lower trend line actually showed support on the [...]

By: Satwaves

Satwaves — Tue, 30 Jun 2009 10:31:17 +0000

[...] past Friday, Sirius XM (SIRI) saw some wild swings in stock price because of the Russel Index rebalancing. I will not get into my opinion on that, as it has already been covered on the SatWaves messsage [...]

By: sxminvestor

sxminvestor — Sun, 28 Jun 2009 15:58:51 +0000

I was just making the point that the real close was more like about .44, then ISEG traded with itself for 2 hours trying to pull it down after hours. Our portfolios show .36 close, but I don’t believe that is accurate.

By: Jay Fishmanb

Jay Fishmanb — Sun, 28 Jun 2009 15:49:44 +0000

@sxminvestor SXMINVEST: This is how the MM make their money. These are timed trades at the very last second of trading. Look at Brandon's article from June 22nd (Sirius XM in Cincinnati). Watch the video segments. It's price fixing!!!!

By: SatMan

SatMan — Sun, 28 Jun 2009 15:16:37 +0000

Brandon, thanks for clearing up the rebalancing. I thought most of that had already been done. I agree, I think it bodes well for a move upward. The Toyota, Volkswagen and Iphone are real positives for most of us. If the economy and the balance sheet keep improving can the SP stay under a buck. Looking back, especially if you go with most of the media slants, how could this company come this far, this fast(post merger).
Another subject, another view: I have both services for about 10 different reasons. No changes that I can forsee will make me consider dropping them.