Thursday
Feb032011
Sirius (SIRI) Has Another Breakout; Up 3,136% From 2009 Low
Thursday, February 3, 2011 at 01:41PM We've been highlighting the big trek higher for Sirius XM (SIRI) for the past year now, back when it was trying to break back above $1/share. The stock traded sideways in the middle part of 2010, but it has gone straight up since September. In fact, Sirius is up 86% since Septmeber 1st. Even more amazing is how much the stock is now up from its 2009 closing low. On February 11th, 2009, SIRI closed at $0.055. At its current price of $1.78, the stock is up 3,136% since then.
Today is notable because Sirius has once again made a nice breakout to new multi-year highs. While $1 was the level that shareholders were hoping for a year ago, it's now $2.
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