As the saying goes, "bet on the horse." That horse is Liberty Media. As you may recall, Sirius was near bankruptcy in 2009, and trading under a dollar, when Liberty Media invested in them and helped them turnaround. They are now over $5. Liberty is a big part of Sirius and are supporting this investment. I see this as a similar situation to Sirius story: a paradigm shifting tech company that cane out with a boom, hit hard times, and with the help of investment and vision from Liberty Media, made a turnaround.
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