A couple of weeks ago we noted that Sirius XM Radio (SIRI) had recently made a nice comeback. Today, for the first time since September 2008, the stock has broken above the $1 mark. After trading for as low as a nickel a share last February, shares have now risen by over 1,900%. The stock is also up 80% since its recent low on December 22nd. Even with the low share price, SIRI currently has a market cap of nearly $4 bln. As long as the auto sector continues to show improvement, this stock should continue to do well.
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FREE SIRI Trading Analysis Here
Strong Uptrend SIRIUS XM RADIO INC (NASDAQ:SIRI)
Smart Scan Chart Analysis continues positive longer term.
