Ok, SXMInvestor, I only joined up because I was seriously excited by what the Customer Service guy said. Give them a call yourself and see what they say about it before you start hurling rocks.
Originally Posted by sxminvestor
here's a http://news.moneycentral.msn.com/pro...111&id=9367238link for ya: (I copied the first couple paragraphs)
Sirius XM Radio posts $4.88B loss after charge
NEW YORK (AP) - Sirius XM Radio Inc. said its losses totaled $4.88 billion in the third quarter after the satellite-radio provider booked a hefty charge related to a drop in its stock.
Sirius XM was created by the combination of satellite-radio companies Sirius and XM in July. It reported results Monday after the closing bell.
For the quarter ended Sept. 30, the New York-based company's losses totaled $4.88 billion, or $1.93 per share, compared with losses of $120.1 million, or 8 cents per share, a year earlier.
For the record, shares of SIRI are now in the $.26 after close on Friday. From reading all the angry posts on this forum site I'm assuming that's from people dropping their subscriptions.
Sorry if you feel it's the dumbest post you've ever responded too....but maybe you should do the research yourself. $4.88B is CLOSE to $5 Billion.