Friday, December 04, 2009 11:59:38 AM
Posted by Gregory Wright on 11:01 AM on Dec 03 2009 EST
This month currently I do not have any good ideas because if I was going to
make an investment for the holiday shopping season I would have already done so
more than a month ago. Today I re stumbled upon this old and increasingly
promising stock SIRI Sirius XM Radio Inc. This is one hell of a company to keep
track of. Satellite radio services still have a very strong foothold in the
market but their services have always been a little overpriced. I do though see
a real potential here for one very serious come back sometime within the next
four years. I would not of course recommend that you buy any of this stock right
now but in the near future eventually satellite radio will make a come back. For
a along time Sirius and XM used to bitterly compete against each other until the
hole satellite radio industry near collapsed. You can see by looking at the
charts since Satellite radio giants have merged together within the past 15
months satellite radio has managed to make a bit of a comeback. One very
significant factor to consider it that in recent years the internet has become
heavily more regulated in regards to internet usage limitations. The days of
people freely getting their news and information for almost nothing over the
internet may be coming to and end and if such trends continue it will be only a
matter of time until SIRI satellite radio stocks go from where it is today at
around .63 cents a share back to around 10$ a share. The best times to invest in
satellite radio may be right before the 2012 presidential election season.
Sirius and XM have always excelled in providing a constant amount of
entertaining political programing. The presidential election season is usually
their times of peak coverage.
Recent SIRI News
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 06/17/2024 10:57:11 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 06/17/2024 10:12:19 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 06/17/2024 10:10:22 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 06/17/2024 10:09:28 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 10:05:31 AM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/14/2024 05:42:43 PM
- Adobe Soars 15% Pre-Market; Visa and Mastercard Encounter Hurdles in $30 Billion Agreement, and More • IH Market News • 06/14/2024 11:21:47 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:12:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 02:41:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 08:25:37 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/05/2024 02:33:01 PM
- Economic Worries May Lead To Weakness On Wall Street • IH Market News • 06/04/2024 01:10:54 PM
- Gabelli Funds to Host 16th Annual Media & Entertainment Symposium Thursday, June 6, 2024 • GlobeNewswire Inc. • 06/03/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 10:54:16 PM
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