Sirius XM Radio Stock at $0.97
Posted by SXMN on 10 September, 2008
1 comment so far
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Just a short post. So much for this stock rising after the merger. Right now Sirius XM Radio is at 0.97 and falling.
I wonder if Mr.Karmazin is going to say anything to investors, or if he is just going to continue to let the ship sink to the bottom of the ocean?
There is rumor of a Reverse Split going around, I wonder where this stock will be by Years End.
Was this Merger still a good idea? I’m starting to think they should have stayed separate companies, maybe they could have been bought out by a more stable corporation.
Oh well only time will tell.
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One Comment on “Sirius XM Radio Stock at $0.97”
SIRI has some seriously interesting seasonal patterns associated with it before the merger. Well, if they had stayed separate there was a great chance that one or both were going to do the dying coach roach.