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XM Satellite Radio Holdings on the move

Iniciado por AC, Dezembro 17, 2006, 00:01

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AC

Shares of XMSR rose nearly 5% to 15.81$ today and SIRI rose nearly 3% after some stimulating comments from Lehman that put investors very happy and actives in both stocks.
Today Lehman came out and said that XM is worth 45 dollars a share if they merged with Sirius, or that Sirius was worth about 9,50 dollars if they were acquired by XM.
Lehman Just Admitted that XM and Sirius are Undervalued taking the actual share price in consideration for a possible merger, it's my opinion. Looking at the charts XMSR has broken out an important resistance $15 with respectable volume and closed above the 200 dma for the first time since 2005, so many reasons to Bullish in the stock now, perhaps after these comments we'll see many pressure in the stock to move up.

AC Investor Blog

www.ac-investor.blogspot.com