Jetsen

Sirius XM Sends Privatization Signals

Sirius XM is now on the verge of making money. I have read that Mel K. looks out for the stock holders, that is the way he runs companies. Well, in the short-term $4.00 per share would be nice, but what about the long-term gains? Now that some of us have been around for the many many ups and downs of satellite radio, mostly down, so now we just sell out to someone so that they (and Mel K., because I would assume he would still be part of Sirius) would benefit over the long-term. I think that whether people accept an offer, even if it comes, they should think hard about why a company would swoop in and pay for this company. I say it is because they would gain a lot more than the present holders of the stock.