Hippocritical Ass

Why Is Sirius XM Radio Stock Going Down?

Of course you should stick with it. You've ridden it down from 3 or whatever to 1, why dump it now? Ride it down to zero.

The merger is a turkey. Anyone who cannot see this now ought to have their eyes examined. SIRI was in deep trouble when it started. Mel brilliantly sold a bill of goods to the big institutional shareholders of XM who also happened to have been total idiots. So, instead of $12 or $18, XM shareholders got, well, $5/share.

XM management was just too stupid to realize they were being had. So, after the NFL failed to bail Sirius out, after Stern failed to bail Sirius out, XM unwittingly agreed to bail Sirius out.

XM management screwed its own shareholders worse than in any transaction I can remember.