View Full Version : Drudge: Sirius Sinks
Vanguard
March 14th, 2006, 07:59 PM
Matt Drudge headlines " Sirius Stock nears 52 - week low ".
The accompanying chart shows Sirius peaking near $ 8 a
share in early December during the Stern run - up. Since then
it has dropped steadily to about $ 4.50 now, a 43 % drop.
Those of us who MARVEL at the bitter tone of XM v. Sirius
arguments here, may draw some understanding from these
figures.
Anyone owning Sirius stock during the past 3 months may have
very good reason to be bitter !
Vanguard
[don't own stock in either]
Vanguard
March 14th, 2006, 08:30 PM
On Tue, 14 Mar 2006 18:52:59 -0800, Vanguard <Vanguard@usn.com> wrote:
Add - on : XM share price down from about $29 to $ 21 during
the same three-month period, according to Yahoo finance.
Mark S.
March 15th, 2006, 06:00 AM
Vanguard wrote:
> Matt Drudge headlines " Sirius Stock nears 52 - week low ".
>
> The accompanying chart shows Sirius peaking near $ 8 a
> share in early December during the Stern run - up. Since then
> it has dropped steadily to about $ 4.50 now, a 43 % drop.
>
>
> Those of us who MARVEL at the bitter tone of XM v. Sirius
> arguments here, may draw some understanding from these
> figures.
>
> Anyone owning Sirius stock during the past 3 months may have
> very good reason to be bitter !
And for the rest of us, life goes on!
> Vanguard
>
> [don't own stock in either]
That makes two of us. Besides, if everyone's portfolios were fully
diversified they wouldn't be sweating it so much when the stock price
changes. My Sirius radio still works. The DJ's and music programmers
are obviously still showing up to work. That's all I care about.
Dr. Droo
March 15th, 2006, 11:00 AM
Mark S. wrote:
> That makes two of us. Besides, if everyone's portfolios were fully
> diversified they wouldn't be sweating it so much when the stock price
> changes. My Sirius radio still works. The DJ's and music programmers
> are obviously still showing up to work. That's all I care about.
I own a dabble of Sirius stock. I feel the same way though. As long
as the service still works and offers the content, I don't care really.
--D
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