Never say never.
I guarentee you the exit fee for siri to end the deal with XM would be minimal compared to SIRIUS opening @ $9 on a CBS takeover offering. Shorts are far too comfortable. LOL
Shorts are comfortable because they are in a NO LOSE situation.
NOTHING, and I MEAN NOTHING, will move this stock fast enough to burn many shorts.
A .25 cent move, that retracts the very next day, is the best case scenario for longs.
1.4 Billion Shares = SLOTH
Mel gave it away when he said he didn't know whether the RIAA lawsuit would fall for XM. I don't think he is serious about taking on a company this a $375 billion lawsuit over it's head.
125,000 units X 20 Songs X $150,000.00 in fines.
I think the real deal is CBS/SIRIUS