XM Satellite Radio hit a rough patch along with most of the market in recent weeks and touched 10 a few times. That was a prime buying opportunity for believers — which I'm not. At 12.40, XMSR is nearing its moving averages and quite a risk considering the uncertainty of its pending merger with Sirius. I'm not a subscriber, nor do I think people are really gung-ho about paying for radio in a massive way. Niche market all the way.
No comments:
Post a Comment