Comments on: Sirius XM Stays Alive, But Internet Media Continues Attack

By: Random Ramblings on a Monday « JerseySmarts.com

Random Ramblings on a Monday « JerseySmarts.com — Mon, 09 Mar 2009 16:47:41 +0000

[…] of my stock picks for sure. I knew that I was going to invest in Sirius XM because – no matter what the biased internet media may say – this is a good long-term stock for the small time investor’s portfolio. I also knew […]

By: Joe

Joe — Sat, 07 Mar 2009 00:30:10 +0000

True to form, Motley Fool comes back every other day with another negative article.

“Even Sirius Doesn’t Know” (March 6, 2009)

A quote from the article: “It’s easy to see why Sirius XM is finding it hard to defend its life. It may have scored a juicy $530 million capital infusion from Liberty Media, but there are more strings attached there than at a marionette factory. Investors initially applauded February’s infusion, but it technically only bought the company another three more months.”

My God! Just come out and say that you want the company to fail already!

By: Joe

Joe — Wed, 04 Mar 2009 19:57:07 +0000

Another day, another negative article from the biased Motley Fool website.

“The President’s Plan to Destroy Sirius XM” (March 4, 2009)

Seriously, how much longer will this go on before anyone in the major financial media starts to make mention of the obvious vendetta against Sirius XM?

By: Joe

Joe — Mon, 02 Mar 2009 21:02:37 +0000

The hits keep on coming from the biased Motley Fool site. I wish that Google didn’t have this biased organization automatically fed into their Google Finance posts:

“Is Sirius XM the Next Vonage?” (March 2, 2009)

And how is this biased? From the article: “Sirius XM issued a press release this morning, delaying the filing of its annual report. The company will now discuss its financials for the final quarter of 2008 on the morning of March 17. Shareholders, start fretting.”

Shareholders, start fretting? Are you for real? What a joke the Fool website has become.

By: Why I Need Sirius XM Radio « JerseySmarts.com

Why I Need Sirius XM Radio « JerseySmarts.com — Sat, 28 Feb 2009 16:49:34 +0000

[…] in my blog entries as you can see! With all of the negative buzz surrounding the company from its constant attacks by the internet media, I thought I would relay a brief, positive story about the […]

By: Joe

Joe — Fri, 27 Feb 2009 23:08:35 +0000

Another negative article on Sirius XM from Motley Fool today:

“Sirius XM Tunes Out the iPhone” (February 27, 2009)

Yeah, Motley Fool doesn’t have it out for Sirius XM (sarcasm)…

By: Jacob Spades

Jacob Spades — Tue, 24 Feb 2009 15:43:57 +0000

Amazing! They even find a way to make the good news seem negative. Kudos to whoever sent you that article, looks like a hot topic! 🙂

By: Joe

Joe — Mon, 23 Feb 2009 23:00:05 +0000

Thanks, Mark. The internet media LOVES to rip apart Sirius when, in fact, it’s not that bad of a stock to own if you’re in it for the long term.

By: Mark

Mark — Mon, 23 Feb 2009 17:44:04 +0000

What a great article, as a siri shareholder it is nice to see some1 acknowledging the obvious bias the media has for satrad, can any1 say nab? I have gotten to the point i find it heard to search for any siri new’s cause it is filled with hit pieces that leave out all the good and hammer in the bad. Thanks for giving me something nice to read about siri 😮

By: Joe

Joe — Mon, 23 Feb 2009 03:24:50 +0000

Thanks for the comment, Arthur. The image of Sirius XM that the Fool website gives off is negative. Unfortunately, many investors don’t read the full articles, but only the beginning of them or (even worse) just the headlines. Here are some examples of negative headlines:

“The Signal Fades at Sirius XM” (September 11, 2008)
“World’s Scariest Stock: Sirius XM Radio” (October 31, 2008)
“Is Sirius XM Being Too Cheap to Succeed?” (January 13, 2009)
“When Will Sirius XM File for Bankruptcy?” (January 15, 2009)
“Worst Stock for 2009: Sirius XM Radio” (January 28, 2009)
“Fool Poll: Game Over for Sirius XM?” (February 12, 2009)

If you just read those headlines or the first few lines of each article, you’d think that the company was closing up shop any day now. As for other online sources that are attacking Sirius XM both TheStreet.com and MSN’s Money website haven’t been so kind in the recent past. Plus, there are often twisting reports going around about what Howard Stern will be doing in the future and that he may leave Sirius XM when he states very clearly on his show that he is not going back to regular radio.

Focusing on Stern potentially leaving when he clearly is not going to is a major detraction from the stock’s success due to Stern’s major influence on subscriber growth. Thanks again for the comment.