In this episode, Nick discusses Sirius XM Radio (NASDAQ:SIRI). Alternatives to its core radio service such as Pandora (NYSE:P), Spotify, using downloaded MP3s in cars provide plenty of cheaper (if not entirely free) alternatives to Sirius's commercial free music. Podcasts provide a completely free alternative to talk radio. A newer generation of cars that link Bluetooth directly to smartphones allow consumers to avoid the use of the radio entirely when driving. Valuations are also unfavorable.
*Correction: Daily Volume amount 50 million shares, not 272 million per day as mentioned in the video.
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