How Low Will Sirius XM Stock Go?
Thursday, November 20th, 2008
Sirius XM stock closed today (11/20/08) at a disgraceful .14 cents. Stock symbol SIRI is going to fall off the stock market soon. It is scary because the product is amazing. Just think you can have the NFL, MLB, NHL, NBA, College sports, NASCAR, PGA, Soccer, Horse racing, Sports talk, Commercial Free Music, Howard Stern, Covino and Rich (Maxim Radio), BTLS, Mad Dog, Martha Stewart, Oprah Winfrey, Opie and Anthony, Jimmy Buffet’s Margaritaville, Eminem’s Shade 45, Siriusly Sinatra, Tom Petty’s Buried Treasure, Willy Nelson’s Place, BB King’s Bluesville, Everything Elvis, Bob Dylan’s channel, Medical channels, Religious channels, News channels, Traffic, Political channels, Comedy, Talk radio, Music from the 50’s to today, and more.
How is this stock only .14 cents? The stock is only .14 cents because the government would not allow these company’s to merge on a proper schedule. This merger was delayed so long it became the longest merger in the history of our country. We are talking about satellite radio. This is not necessity and there is plenty of competition with Ipods, terrestrial radio, CD’s, MP3’s, internet, cell phones and other ways to receive music.
It’s not like letting Exxon Mobil the largest oil companies merge with no problem. Then I have to pay over $4.00 for a gallon of gas. Great job government. You never seem to surprise me. Is there anything in this country that is not corrupt? Seems like corruption has reached everything. I bet our founding fathers are rolling over in their graves as this country spins out of control.
