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Sirius XM Holdings Inc. Message Board

  • edblue1003 edblue1003 Jan 2, 2013 12:32 PM Flag

    WHY SIRI IS UP TODAY AND EXPLODING ON VOLUME!!!!

    Many 'investors' sold SIRI during the end of 2012 for capital gains. Leary of the FISCAL CLIFF, these people got SCARED and sold to avoid the new tax rates in 2013. AND, there was a heavy short position. Thus, in the first day of the new year the SELLERS are gone and the SHORTS are getting squeezed (killed, in other words).... Volume is already exceeding the 10 day average and its only 11:25 ct.

    Sentiment: Strong Buy

 
SIRI
3.480.00(+0.14%)Dec 24 1:00 PMEST

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