Sirius XM Holdings Inc (SIRI)

[Mustache_rider]

I agree…

After reading, in my opinion, some of the better articles that are out there, I have been wrestling with coming up with my strategy…

1. Let the current speculation that a higher offer will be presented drive up the price and sell into the hype… and then move on.

2. Sell into the hype, buy LMC-A before the “C” dividend is declared, so I will be on record as a LMC-A holder and will also get “C”series stock.

3. Hold on and convert into LMC-C and hope Liberty Media continues to let the company grow as currently envisioned.

After seeing the trend over the last couple of days, I am leaning more towards 1… sell and move on. I hope I don’t have to regret not doing so already. This article helped put things in perspective for me.

Seeking Alpha, How Much Should Liberty Offer For Sirius XM?

From this perspective, $5, $6, or higher might be a pipedream. Unless, we convert over at around $4, Liberty doesn’t suck the company dry (balance sheet), and we continue to grow as a subsidiary of Liberty versus a stand-alone company.

I have been on this rollercoaster since the crash and enjoy being a subscriber. This is the first time that I have actually contemplated selling my shares and moving on. I was really getting pumped to hear speculation of global expansion, other products, etc…. very disappointing.

Has anyone come up with their strategy… has anyone identified another strategy? GLTA