Sirius XM,

[Mike2220]

This is supposed to allow them to make money this could be a cash cow but in the future..Keeps dropping though

[sachsich]

looks like it might have bottomed. at a 52 week low. sirius earnings come out on thursday.

[Mike2220]

earining are going to be nothing, but the merger alows them to make money, we will see how they do from there

[ZoomVT]

with them not being able turn a profit i don see it coming up anytime soon.
also, a large percentage of their new subscribers are from people buying new cars that come with a sirius subscription, however car sales are going to keep going down, specially those cars that have this feature. It is going to cost them more to acquire new customers IMO. they are also absorbing more expenses in maintainin the existing customer base.

[Goods]

The problem I see with them is keeping their existing talent (1/2 billion dollar Howard Stern especially) without breaking the bank even more. Then they can't possibly get the growth they need to be profitable anytime soon. The merger is just to stay alive.
Keep in mind that cars sales are way down. And with that, the satellite radios that go in them. iPods allow people to have plenty of whatever music they want everywhere. It's also easy to just flip on the internet or cable TV radio too.
So investors are weary until they actually show profit and growth. It's a gamble until then. There's a lot better markets imo.

[sachsich]

Mel Karmazin(ceo of siriusXM) bought 2 million shares of the stock after the close. already up 7%. take it for whatever it is worth