Putting a Valuation on Sirius XM
Brandon Matthews submits:
By Brandon Matthews
Over the past year, Sirius XM Radio (Nasdaq: SIRI) investors have become a bit more sophisticated, perhaps to their own detriment. The trouble with Sirius XM is that its common stock has never traded on valuation. There seems to be an attitude towards Sirius XM by some that suggests the share price may have topped out in recent days.
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