Would you buy Sirius Satellite Radio stock at this point?

Question

Its trading at about $1.55 a share, symbol(SIRI)...The merger with XM has been aproved. Thanks

Answer 1

I did.  $1.60  I think it is a safe bet for the long run.  Remember stocks always go down when making a huge purchase such as SIRI.  Hopefully you did it today!

G

Answer 2

i would say yes, if you have been following both companies, you will that Sirius is the stronger of the 2 companies.

XM has dragged down Sirius for years now. I have bought many shares of this stock, since the day Stern announced he was moving. Both are real close to making profit, but they (Sirius) have dilluted the h**l out of their stock. see here..

http://seekingalpha.com/article/23912-si...

but i would buy it for sure. It will go up for sure. But it may take a while