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Strategies & Market Trends : News That Moves Markets

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From: long-gone3/16/2009 3:50:46 PM
   of 1
 
fool.com
5 Stocks Under $10
By Rick Aristotle Munarriz
(in part)

Sirius XM Radio (Nasdaq: SIRI) -- $0.24
The satellite-radio giant did some things that were truly dilutive and interest-expense expansive last month. But it had to do those things if it wanted to stay alive as a publicly traded company. There will come a day to lick those wounds, but the important thing is that Sirius XM has bought itself time.

A lot can happen when you're a company with 19 million subscribers, entering into a groove of positive operating cash flow. You can even get a short-term restraining order against your debt demons. Of course, the demons are still present, and they're getting hungrier. ...
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