Wait.... 25 cents a share?!

Discussion in 'SiriusXM Soundwave Cafe' started by Santinelli, Nov 12, 2008.

  1. Santinelli

    Santinelli Member

    Ok, I haven't really been following the stock market alot over the last few years... But I always KIND of kept my eye on XM and Sirius...

    Well, for some reason, I'm kind of bored at work today, and I just noticed...

    SIRI is at 25 cents a share?!?!?! WTF!!!! REALLY?!


    I know the world economy is collapsing but, WOW! I hope we paid Howard in stock!

  2. macfanatic010

    macfanatic010 Member

    that's what happens when you've been in business for 6-7 years, have yet to make a profit, and are on the verge of bankruptcy if you can't turn the ship around.
  3. alien88

    alien88 New Member

    It's actually a lot more complicated.. I think this post does a good job of explaining why it's so low:

    Can Sirius XM Radio (SIRI) survive? - BloggingStocks
  4. Audio Snob

    Audio Snob New Member

    What Mel needs to do is dilute the stock some more.

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