USA Today Expert Says Don’t Invest In Satellite Radio
It is no secret that XM and SIRIUS stockholders are getting killed. This year alone, the former is down 53% while the latter is down 37%. But why is this?
Matt Krantz at USA Today considers satellite radio to be a perfect example of “individual investors get[ting] overly enthusiastic about unproven, unprofitable small companies,” just like in the dot-com boom (and subsequent bust). Both companies have yet to register a profit, yet hype (both postitive and negative) has generated a ton of investing movement, which has resulted in enormous stock price fluxuations. This makes a situation fit only for gamblers with money to burn.
Well, no one said we had to buy stock in the companies to enjoy their services
Thanks to Satellite Standard for the link.






