Wednesday, April 22, 2009

Sirius Trouble or Sirius ROI?

Sirius XM Satellite has had its share of success in the past years, but today's investors are having a tough time making ends meet. As king of the sat airwaves, Sirius is currently trading at less than $.44 per share and was as low as $.05 earlier this year. Should investors be worried about the share price or should they look at this as a great buying opportunity?

The WSJ, Motley Fool, Barrons, analysts, and other self proclaimed experts continue to see-saw back-and-forth on the fate of Sirius. One day it is said to be a great buy, while the next day someone has deemed it terminal. There is no doubt that the company has had trouble due to its debt and the impact of the economy on car sales. Liberty Media's $530 billion investment in early March showed confidence in Sirius's product and its future growth opportunities.

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