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Old 11-21-2008, 12:03 PM
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Default Sirius

I have 2000 shares. Should I buy at 14 cents? What is going to happen to this stock and company. I know they had a bunch of debt when they aquired XM.
Old 11-21-2008, 12:21 PM
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I can't help but to think that if I were not doing too well financially, if I were on the edge, times were tight, the first thing I'm doing is getting rid of my Satellite Radio Station subscription. Man, at 14 cents or 10 cents per share, what is going to get to get people to subscribe so they can make any money at all/turn a profit/increase profits to make that cent figure even double?

Haven't all the marketing/advertising "brains" already thought up every single possiblity for a SatRad-show? and the stock is still or now trading in pennies? SatRad is going to be much like CableTV/DTV/SatTV providers-none of which I'll ever have, as in every single magazine, TV show and WebNews site suggests, that as a family budget-saver, to cut all the things you can get for free, TV, Radio, Books, Magazines, there are going to be many who will probably cut them out so they can buy food, blibbidy, blubbity, buy low, sell high.
Old 11-21-2008, 12:30 PM
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Default Re: Sirius

I agree somewhat. I canceled my XM when I purchased a new vehicle that came with Sirius for a year. My wifes (Pontiac) came with XM for 3 months. She listens to terestial radio.
Old 11-21-2008, 12:45 PM
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Default Re: Sirius

They have officially combined the sirius and xm stations as of a couple weeks ago. Thereis no longer separate stations.
Old 11-21-2008, 12:51 PM
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Default Re: Sirius

I had a one time a chunk of money invest in sirius, now all I can say i have is alot of shares! I assumed the XM merger would help but also didnt plan on the economy taking a shit at the same time.

Going along with the auto bailout thread, maybe Washington will give them $25B, everybody else seems to be getting it!

I have to be in on this one for the long term! Sucks
Old 11-21-2008, 12:53 PM
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Default Re: Sirius

InTheNet - 11/21/2008 3:45 PM

They have officially combined the sirius and xm stations as of a couple weeks ago. Thereis no longer separate stations.
What?

They still have seperate bands. It is true uou can get best of and ala carte, but you can't get all of xm on sirius without paying for it.

Edit

SIRIUS subscribers now have a new lineup that includes more than 130 channels of premier music, sports, news and entertainment from both SIRIUS and XM. Along with your favorites, we mixed in new channels, shows, personalities, legendary DJs and celebrity hosts to give you more of everything that you love about satellite radio.

Please note that when you turn on your radio for the first time on or after November 12, it may need 2 - 5 minutes to receive the update from our satellites. During this time, the audio you hear may not match what is shown on your display and you may see messages such as "updating channels." While the radio updates, please do not change channels as this will delay the update.
Old 11-21-2008, 01:12 PM
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Default Re: Sirius

I had a one time a chunk of money invest in sirius, now all I can say i have is alot of shares! I assumed the XM merger would help but also didnt plan on the economy taking a shit at the same time.

Going along with the auto bailout thread, maybe Washington will give them $25B, everybody else seems to be getting it!

I have to be in on this one for the long term! Sucks
Old 11-21-2008, 02:30 PM
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Default Re: Sirius

They (sirius/XM post merger) are the 2nd largest subscription based service in the entire USA with 18+ million subscribers second only to Comcast. I doubt the service is going away despite the poor stock performance. I lost on the stock as well but the programming is to die for. I'll never listen to regular radio again....even if Sirius fails I will then only listen to CD's/Ipod, the regular radio is so lame with all the commercials and bad programming.

--JK
www.seanile31.com
Old 11-21-2008, 02:41 PM
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Default RE: Sirius

at this point there are only 2 real scenarios.......bankruptcy......or...up. at 14 cents a share I think its worth picking up 10,000 shares and waiting it out.
Old 11-21-2008, 03:51 PM
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KingAir: I took thought about buying Sirius stock (I know you already have 2k shares) and I did a little research (read MSN money) but decided not to as the market is still tumbling. Although at 14 cents/share its tempting. Here is an article on MSN that talks about Sirius/XM merger and the expectation:
http://articles.moneycentral.msn.com...dy-future.aspx

This guy lists buying XM- Siruis stock as one of the 5 dumbest Stock Moves
http://msn.fool.com/investing/genera...hed=2008-11-14

But this article says they are doing well:
http://msn.fool.com/investing/genera...hed=2008-11-14

If you have some extra money, why not? The most you can lose is 14 cents/share, I know it can add up but it can also double easily too. Good Luck with your decision. I am going to hold off on investing anything until the market stabilizes a bit.

By the way, I've been a Sirius subscriber for 3+ years and I plan on continue to have it.
Old 11-21-2008, 05:46 PM
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Default Re: Sirius

bstnsportsfan - 11/21/2008 5:51 PM

This guy lists buying XM- Siruis stock as one of the 5 dumbest Stock Moves
http://msn.fool.com/investing/genera...hed=2008-11-14

But this article says they are doing well:
http://msn.fool.com/investing/genera...hed=2008-11-14

If you have some extra money, why not? The most you can lose is 14 cents/share, I know it can add up but it can also double easily too. Good Luck with your decision. I am going to hold off on investing anything until the market stabilizes a bit.

By the way, I've been a Sirius subscriber for 3+ years and I plan on continue to have it.
Ok, someone needs to explain something to me because both of these articles are by the same person the same day.
Old 11-21-2008, 08:13 PM
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Default RE: Sirius

http://www.fool.com/investing/genera...adio-died.aspx
Old 11-21-2008, 08:17 PM
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rotordriver - 11/21/2008 5:46 PM

bstnsportsfan - 11/21/2008 5:51 PM

This guy lists buying XM- Siruis stock as one of the 5 dumbest Stock Moves
http://msn.fool.com/investing/genera...hed=2008-11-14

But this article says they are doing well:
http://msn.fool.com/investing/genera...hed=2008-11-14

If you have some extra money, why not? The most you can lose is 14 cents/share, I know it can add up but it can also double easily too. Good Luck with your decision. I am going to hold off on investing anything until the market stabilizes a bit.

By the way, I've been a Sirius subscriber for 3+ years and I plan on continue to have it.
Ok, someone needs to explain something to me because both of these articles are by the same person the same day.
I didn't even notice that! I just was looking at a couple of articles. Looks like the guy doesn't know what the hell he is talking about. Disregard everything that clown says
Old 11-22-2008, 01:45 PM
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Default Re: Sirius

well i hope they do well, not because i have money invested but because i am a long time sirius customer. i agree regular radio bites.
Old 11-22-2008, 02:17 PM
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Default Re: Sirius

I purchased XM right after 9/11 as a way of keeping up with news while I was deplyed to support the recovery at ground zero in NY. I do not even listen to other radio.

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