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    andrewc24301 Posts: 374, Reputation: 29
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    Feb 3, 2009, 10:29 PM
    SiriusXM Stock
    Why does SiriusXM stock perform so poorly?

    14 cents per share?

    I've been using their service for about three years and I can't imagine a road trip without it.

    It's so dirt cheap, I'm inclined to purchase a boatload of shares, I just can't see this failing, of course, I have a tendency to pick losing investments all around, from the cars I drive, the super market specials.

    But hell 14 cents per share? I'd throw a hundred bucks at that gamble. At that rate, if it just went back up to $1 per share, your $100 investment would be worth over $700.

    And if they go belly up, only out $100. About the cost of a tank of 2008 summertime gas.

    My real question here is why do they perform so poorly? Thoughts?

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