Sirius XM Canada Holdings Inc T.XSR

buy op?

[SergeantTrade]

What do you make of the quick jumps above $8 this week and the resistance back down.  Are we seeing momentum starting to trend upwards?  Consolidation around the $7.85 level?

I don't own.  Observing and looking for a solid entry point

[lightning99]

Although the special div was a surprise announcement as far as I know. Usually after the Xdiv day a stock will trade down most or all of the div paid. So you will probably see it trade down after June 9th, at least temporarily. You will have to decide if you want the div of not. Todays trading was massive compared to normal averages, It looks to me like like momentum investors and speculators got

[SergeantTrade]

Thanks.  I appreciate your thoughts.  post-dividend might very well be a good time to enter. I see the share price returning to its $10.00 position at some point but not so quickly relative to last time.  Regardless I think below $8 is a decent starting point. Maybe it was down today because of an overall down day in the market?  the momentum isn't strong enough yet to