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Stocks In Focus: (NASDAQ: SIRI), (NASDAQ: RIMM).

New York (December 3rd, 2012) – Sirius XM Radio Inc. (NASDAQ: SIRI), a satellite radio company with over 20 million subscribers, is up sharply in mid-day trading today. SIRI is currently up more than 2% to $2.82 on volume of 18.52 million, which is nearly a quarter of the daily average volume of 78.55 million. SIRI has now gained nearly 4.5% in the last three trading sessions.

SIRI has been gaining momentum in the last three trading sessions and the stock today broke through $2.80, which has been a stiff resistance level recently. SIRI could continue to rise before facing resistance at around $2.90.

SIRI had reported its third-quarter financial results last month.

Get the latest news and tips on when to buy or sell SIRI here: Research In Motion Limited (NASDAQ: RIMM), the maker of BlackBerry smartphones, is marginally lower in trading currently. At last check, RIMM was down 0.09% to $11.59 on volume of 23.32 million. RIMM has slipped in trading today after Canaccord Genuity analyst Mike Walkley lowered the stock’s rating from Hold to Sell even as he raised the price target from $8 to $10.

The downgrade comes even as RIMM has performed well in recent weeks. RIMM’s rally began last month after the stock bounced back from $8.50 support level. However, the stock struggled last week as it hit $12 resistance level. RIMM could see a pullback in the next few trading sessions on profit booking.

Find out more about RIMM by reading the free trend analysis report here: About Us: issues momentum alerts on stocks that can provide gains to day traders. provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals is often in the know of several large investor awareness campaigns being deployed.Timing is everything when trading Penny Stocks. Gain an Edge by joining the newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors you to be part of the Free VIP membership. Simply sign up for free and start receiving exclusive alerts. Subscribe Here: Disclosure: is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures. Contact Info: Alexander K. NeumannWALL STREET REPORTinfo@WallStreetReport.net347-905-5009

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