We are starting to get more negative signals now with this stock. Very low volume today and there are lots of people on the sidelines. I don't think investors thought SIRI and XM had to deal with much more DOJ/FCC issues. Some thought we would have a merger in Oct. Now we are looking at November with 10 other hurdles to go...
Although I am bullish on SIRI, I may put in a stop loss around $3. I believe there will be more downside then I previously thought. What are the chances of SIRI getting aquired if the merger does not go through?