SATWAVES

Sirius XM (SIRI) Investors: Rationality and the Reverse Split

By David "Newman" Phillips Yesterday, my colleague Brandon Matthews wrote an article regarding the timing for a reverse split. The article was met with a large number of comments, ranging from rational to uninformed to idiotic. It is clear that Sirius XM (NASDAQ:SIRI) investors are a passionate, emotional group. Most have said the same about Mr. Matthews, yet when he writes a story outlining facts instead of emotions, he is ridiculed for it. Many have even claimed that Brandon is a paid bashe...

Want Sirius XM Bonds? Take A Number!

Want Sirius XM Bonds? Take A Number! There can be no denying the fact that Wall Street is looking at Sirius XM Radio with new interest...Literally! Today's $350 million bond offering was met with demand that would seem highly improbable even in today's potentially inflationary environment. Not only was the 11.25% interest rate far below the rumored expectation of 13%, the issue was increased from $350 million to $525.8 million. It was only months ago that the credit markets had frozen to a po...