Whats the deal with SIRIUS XM RADIO INC shares? ?

Question

why have they fallen? is it a good time to buy? thank you

Answer 1

They have fallen because the merger was delayed for a long time and for SIRI to close the deal, they needed to raise capital. They have raised that capital and took a share price hit for it and its ready to rebound. It may take a few quarters for the company to merge into 1 company but after that it will be a dynamic company. Mel Karmazin knows how to run a media company.

I would suggest buying some shares and over time, aquire more each month.

PS. I own shares myself and looking to add at this price level.

Answer 2

The merger is bringing together 2 companies that could not make it on there own.  Will that translate into enough savings to make the new company viable?  I am not a fortune teller.  If you think that the company can grow fast enough to start making $$ then you probably should buy.  If you think that it may be a long time, if ever, before they make a profit then do not buy.  There is risk and no definite answers when you purchase any stock.