02-11-07 07:09 PM - The Wedbush upgrade of SIRI drew my attention to have a look at the chart. It is near a 52 week low, so if one wanted to bet on the SIRI / XM merger that is all the talk, now may be the time to get in. I see limited downside risk and if the merger does happen, both stocks may see a surge. The risk / reward may just pay-off. I don't see SIRI going belly up anytime soon. Above is pasted from my reply to stonedinvestors 2/10 "Barron's Game". I bought in on 2/12 at $3.68. I have no idea how the street will react to the "merger" (although it sounds more like SIRI is buying XMSR to me), but anything above $4 for SIRI works pretty good for me.
Oh man. I've been an XMSR sub for a few years. I'm addicted to the "Old Time Radio" shows. Hope they don't fark it up...
Hahahaha, It's the only way SIRI can avoid facing bankruptcy. That company has no hope of making a profit, let alone getting into a decent fiscal situation.
And I've been with SIRI for a little over a year and it's all I listen to when trading. And the only way I can listen is their online player. So, I too, hope they don't mess this up!!
I've never understood why they didnt integrate GPS into their receivers, and transmit location based ads on certain channels. Integrate a vid display with rudimentary language. And your car drives along a certain street, the GPS receives the ads from the closest stores, and their discounts.
This is funny, I tuned in to watch Mel Karmazan on Crammer a few weeks ago and saw him saying that this deal was not even being considered at the time. Either they put this thing together real fast or the guy is a great liar.