Roxieanne

Time for Sirius Action as Stock Faces Removal from Russell Indexes

Now is not the time to do a reverse split. A reverse split would simply play into the hands of more hedge funds shorting and doing naked shorting.

Those folks simply will continue doing what they know to do best------reverse split and the vultures will descend to take the price of the stock back down.

How many times have I and we seen this happen with stocks with reverse splits.

I just finished going over the Russell 3,000---there is no need for Siri/XM to be on the Russell 3,000 and be one of simply a consumer discretionary stock amongst 3000 other stocks.

I don't view Siri/XM as a discretionary stock----it is after all the only American company with the capabilities that it has------why hide it under that title.

Call it what it is------a Satellite Communications Stock that just happens to be the leader in bringing live radio to the consumer from the sky.