Satellite Radio Merger: It's All Up to Tate [View article]
For me, I own SIRI long, and this afternoon I became long in XMSR. Making money aside, I am a Sirius subscriber, love the service and will be happy to buy a few more receivers finally if this deal comes to fruition. If you ask me, I think terrestrial radio/NAB screwed up by fighting it when they could have angled to be a part of it. As far as a monopoly? That's the best argument the NAB can come up with? Sad, sad, sad........
Wow! A GS analyst strikes again! I could easily complain of the rotten odor, but the reality is the the merger has been blessed by the head of the FCC, and the stock price is going to be a lot higher than this (future GS scapegoat) analyst predicts. Personally I am holding off buying more recievers to after the merger as are most subscribers. I guess this guy missed that componant to his "in house" analytical future revenue sources. Buy what the hey! Since there will always will be market manipulation from those of the most extreme wealth that the commoner will never be able to stop, it is time to buy some more Sirius and thank them for getting me a new lower cost basis. Just thank God that there are not any GS executives that have ever infiltrated the highest ranks of this government's administration!
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