See my reply a few inches up the page to another poster.

It’s not so much the stock but the disgraceful way the SatRad business has turned since the merger and the way Mel has taken what was the most exciting thing in radio broadcasting since the old days of “Underground FM” and basically turned it into SatRad “lite” and only SLIGHTLY better than commercial terra radio. I know of several independant Classic Rock radio stations (one in nearby Charlotte,NC that I can pick up on my home stereo and fairly well on car radio – others received by ‘puter streaming)that have SUPERIOR programming to anything that SiriusXM has to offer. If I could pick up the Charlotte station all the time in every receiver I would cancel what’s left of my subscription and tell everyone I know to cancel their subscriptions IMMEDIATELY and move on to better choices. As a amtter of fact, I am sitting on the fence now on whether to renew my sub when it runs our next year.

That’s my main heartburn……………

I never would hold it against anyone to make a buck. I’m a big a capitalist as they come but when a service that I used to be a RABID fan about and now see it deteriorating into a version only a bit better than terra radio I can’t sit on the sidelines.

I bought the stock with mad money from a merit bonus (maybe you don’t remember those or you never got one) so I haven’t lost a lot of sleep about that. I’m not bashing the company so much for the stock but the shitty programming and neutering of a lot of the channels since the merger.

Can’t you understand a simple concept like that? But of course as long as the stock keeps plodding along and you day traders make your money, quality & content are secondary to you making some bucks.

With Mel at the helm and his bunch of programmers who know nothing but the terra radio concept I ain’t buying another damn cent and don’t reccommend subscribing to the service to friends and associates nowhere I did prior merger.

The old way of word of mouth ain’t dead and word of mouth is that the service has deteriorated since Mel took over and used every bullshit method that he is a master of to get the acquisition approved.

If you approve of the new SiriusXM slogan “We ain’t what we used to be but we’re SLIGHTLY better than terra radio”—–help yourself.

http://www.bloggingstocks.com/.....g-a-raise/

What if Mel waits to do a 1 for 50 reverse split before he exercises his 120 million options????!!!

Sure, it’d be GREAT for him, but a HUGE SLAP in the face for longs. The ULTIMATE insult.

My question is would such a move even be legal? Could Mel be sued for doing such a thing after putting loyal shareholders thru hell only to take away most of their shares while giving himself millions of shares at todays cheap prices?

In my gut, I don’t see Mel doing this after all his talk about shareholder value. For him to break such a promise would surely result in a mass outrage that would create make Hartlieb’s look pale in comparison.

Anyway….just thinking. This is my last worry. Otherwise, I feel VERY confident about Sirius turning the corner now and us long suffering longs FINALLY seeing some daylight.