When stock market guru Jim Cramer speaks we listen. In the “Mad Mail” segment of today’s Mad Money, Cramer said that he believes “it’s always better to buy the stronger company”, like Sirius Satellite, rather than the weaker company, XM Satellite in a deal like this. He went on to say that if the anticompetitive deal does not go through Sirius should still go up. This should not come as any real surprise with Sirius’s current momentum in the industry.
Please do your best to keep comments interesting, to the point, and topical. Abusive, inappropriate, and blatantly self promotional posts may be edited or removed. If you have a question or an off topic comment, that is what the forums are for!