muley101

Sirius XM's Bottom Line Could Get a Boost from "Best Of" Programming

Its good to see that the most prolific supporter is SIRI decided to at least give BEST OF a try. What does that say?

SIRI should have never merged with XM - huge mistake. If SIRI had saved all that money spent on the merger and concentrated on the business it would be in the black by now and XM would be bleeding to death. When XM died SIRI would have owned it all anyway.

I'm still bitter at how Mel killed the loyal stockholders the day the merger was consumated. We all got screwed. Every time Mel gives an interview the stock looses 10%.

So what is BEST OF? It looks like a way to cut the number of licenses that the individual companies would have had in half. People with both services understand that perfectly. BEST OF combined with a la carte for $6 will kill the revenue stream.

SIRI stock will not rise until the company stops loosing money, which will not be for a year or two- if it survives. If the Dems win the election, and it looks like a lock, the FCC board will be repopulated with Dems loyal to the NAB. Then its over. They will lock subscriber costs for a further 3 years and invent new restrictions in the name of consumer protection.

Meanwhile there will be tons of better stocks to invest in due the the market crashing as the economy goes further in the toilet. There will be a mass exodus of stockholders driving the stock down further.