Quote from lindq:
A glance at the chart before and after Stern says all that needs to be said. He is old news. He is NOT drawing new listeners, and the stock is not drawing new buyers. Sirius themselves just lowered subscriber numbers going forward. How much clearer do you need the picture to be?
The concept of satellite radio is nice. But their business model sucks.
Yep, and wait until the iPod goes wireless with the ability to listen to thousands of various podCasts in real-time, even more specialized than Sirius. I see radio as an increasingly fragmented market until the point of near-death unless their model changes, even the satellite guys. When the economy dips, this kind of service is the first to go.
. I want your option quotes, where did you find $.05 Jan puts?! That's money for free.