Ichimoku Clouds and other Advanced T/A

[Shawn Carter]

SIRI

Sirius XM has a slew of debt maturing this year. About $175 million in 2.5 percent convertible notes is due on Feb. 15, according to KDP Investment Advisors.

Meanwhile, Sirius has $350 million of bank debt due in May and another $400 million in convertible notes due in December, said Newman.

The most recent report on the February 2009 convertible bonds shows that an asset management unit of Goldman Sachs had about $135 million, or 77 percent, of the issue and this could be what Ergen is after, said the analyst.

In a debt-to-equity swap, this would give Ergen an 18 percent stake in the company.