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Sirius XM Holdings Inc. Message Board

  • albacore_tuna albacore_tuna Oct 27, 2013 9:42 PM Flag

    I remember when the incompetence of SIRI management took this down to .05.

    It was a bloodbath !!

    Anyonen else remember that ?
    Not much has changed since then..

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    • yes
      i remember that too !!

    • I remember buying 50,000 shares at $.09, and selling them between $2.50 and $4. Was something wrong with that? I guess I should have been short. And, it wasn't mgt's incompetence that took them to 5 cents, it was the terrestial broadcasters who hooked up with politicians like like Ed Markey from Massachusets who tried to block the merger of Sirius and XM, and over what, supposedly high rates to subscribers. Oh yes, $14/month which is about 20% of all those little fees that you see all over your cable bill which no one can explain. I used to think in 2008, with all the problems in the world and economy that the most important think on Markey's mind was that "big" subscription price for satellite radio that was going to break every household's budget.

 
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