Now with FCC approval, are you going to buy XM or Sirius Shares Monday?

Question

Which company do you buy and why?

What are the risks? Is there a possibility of a negative rally? If so why?

Answer 1

No.

Answer 2

i won't be a buyer.

i don't buy into the business plans of either company.

plus, this news has been priced into the stock for more than a year, now.

Answer 3

I won't be a buyer, either.  If you do, however, look at the merging plan.  When I looked into the situation a few months back XM was going to turn into 4.6 shares of Sirius.  Search that number, and you may be able to squeeze some money out.  However, there is still plenty of risk, and the market will begin pricing the merger in during pre-hours trading.  Even still, if it was a good merger the stocks would go up for a little while.  However, both companies have had terrible income records, and are not worth my money.  Good luck.