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LoMo

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LoMo

Re: None

Thursday, 09/15/2011 5:21:04 AM

Thursday, September 15, 2011 5:21:04 AM

Post# of 28749
Long) SIRI - Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. Sirius just beat earnings expectations by a couple cents a share and estimates for next year have gone up about 25% over the past 90 days. Return on equity is a whopping 70% according to Yahoo Finance. While the PEG ratio is just .84 as earnings are expected to grow 30% per year over the next five years. Annual cash-flow has been improving. The price is finding strong support at about $1.60 a share. Our target entry is once the price closes above the short-term downtrend resistance shown above with a target sell price of $2.32. Our stop-loss is a close below the support line shown above.



alert 9-6-11


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