Seeking Alpha

The FCC announces that any parties that oppose Liberty Media's (LMCA +0.7%) proposal to take...

The FCC announces that any parties that oppose Liberty Media's (LMCA +0.7%) proposal to take over Sirius Radio XM (SIRI +2.7%) have until November 1st to file their initial protest with the agency. With the merger now all but imminent, shares of SIRI have ripped to a 4-year high today, helped in part by BofA's Jessica Reif Cohen who launched coverage with a Buy rating on the "compelling" stock.
Comments (4)
  • elsrmp56
    , contributor
    Comments (176) | Send Message
     
    I don't claim to be any kind of stock market expert but I can tell you, I JUST LOVE THE SIRI/XM in the new car I bought. So much content...no commercials...all my favorite sports and music genres, talk shows.... CNBC....NPR....,and so much more. My new car came with a free 3 month subscription and I immediately signed up after the free period was over. What a GREAT concept. IMHO
    2 Oct 2012, 02:15 PM Reply Like
  • barnsterb
    , contributor
    Comments (20) | Send Message
     
    I also love SIRI/XM in my car and would not have an auto with out it.
    I love the stock and did trade it for a while but about three months ago I decided to just stay long. I wish Direct TV would put it on their package rather then the junk music they have on.
    2 Oct 2012, 05:05 PM Reply Like
  • TaylorH
    , contributor
    Comments (48) | Send Message
     
    DirecTV had Sirius for many years. Only about 2 years ago they dumped Sirius for their own called "Sonic Tap" which is powered by DMX (Digital Music Express) music. DMX has a long history of supplying music... for example I had DMX on my cable service in the early 90s. I don't remember there reason this happened but Sirius merged with XM and DirecTV has gone through ownership. I rather like Sonic Tap as an alternative to the rather shallow play lists that SiriusXM provides.
    Though I am and have been a customer of Sirius since it launched and I insist on having it in all of my cars. I just upgraded my system in a recently acquired used car just to get SiriusXM in it.
    2 Oct 2012, 06:08 PM Reply Like
  • TaylorH
    , contributor
    Comments (48) | Send Message
     
    I've been a Sirius subscriber since it launched. I remember thinking "I could have used this 10 years ago, it's finally here."
    I love the convenience of it. I find the radio stations could use some improvement on the play lists, but over all it provides the perfect convenience for long car rides, places where there isn't much FM, or commute hour where all FM has is sleep train commercials.

     

    However, SiriusXM has a problem with quality. The audio quality is horrible and continues to get worse every year as they add more and more stations. The over-compress the hell out of the signals and it's very unfortunate. The better the audio equipment, the more obvious the quality is. Fortunately for them, people seem to not care so much about quality and care more about quantity.

     

    Internet radio is supposed to kill SiriusXM, but those who believe that forget that carriers have low bandwidth caps and data speeds are not consistent enough to handle it. Satellite on the other hand works everywhere even where cell signals don't exist.

     

    I'm long on SiriusXM. I bought at $0.15. It's up to $2.65 now. I wish I had bought (a ton) more but when I bought they were in imminent danger of bankruptcy.
    2 Oct 2012, 06:07 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|