Shorts Bet Against SIRI, But for Emmis and Entercom - trackseekingalpha

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Shorts Bet Against SIRI, But for Emmis and Entercom
Nov 03, 2009 07:10 PM UTC

trackseekingalpha

Return	Risk
-11.17%	HIGH

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Symbol	Sentiment	Start	Return	Closed
SIRI	n/a
EMMS	n/a
CMLS	n/a
ETM	n/a

Via Short Stock Ideas from Seeking Alpha:

Sirius (SIRI) reports earnings on Thursday. Wall Street does not know what to expect from this NASDAQ stock, which has had a rollercoaster of a ride this year.

The short position is rising, and currently stands at 4.7%. The price has been stable, but trade is thin. However, a number of related stocks - Emmis Communications (EMMS), Entercom Communications (ETM), and Cumulus Media (CMLS) have all been strong price performers in the past few days.

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