| In an effort to reduce costs and turn a profit,
Sirius Satellite Radio (SIRI)
and XM Satellite Radio Holdings (XMSR)
announced they are merging subject to regulatory approval. Both
companies are losing money after years of attempting to build a
robust subscriber base.
Their stock charts tell their stories of boom and bust. Avoid both
stocks even if they rise on the announcement news.
Click on the blue chart to the right to see more information about
SIRI and XMSR.
Related Articles:
Avoid Sirius Satellite Radio and XM Satellite
Radio
buyupside.com
Articles About the Price Downside
Price
Patterns - Price Downside is for Losers
Posted February 20, 2007.
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