Don't look now, but shares of Sirius XM Radio (SIRI +1.4%) just hit a 4-year high of $2.64 after...

|About: Sirius XM Holdings Inc. (SIRI)|By:, SA News Editor

Don't look now, but shares of Sirius XM Radio (SIRI +1.4%) just hit a 4-year high of $2.64 after naysayers carped earlier this summer that they wouldn't ever see $2 again. The company confirmed today that it will use new debt issuance to retire higher-paying notes, a visibility move that SA author Stephen Faulkner applauds as balance sheet-friendly.