[swimfan]

I also agree with Ray. I bought into Sirius around $1 a year and a half ago and bought XMSR at $2.50 around thanksgiving a couple years back. Felt at the time they were a little too beat up, and when I bought Sirius there was a decent gap between XM and SIRI. I've sold both awhile back (SIRI @ 1.80 XM @ 10, held onto some, not much, XM shares). Anyway, if anything I would short SIRI at 4, the cash flow and subscriber expectations do not support $4 at this time (definitely not a $4.6B company at this point, even considering expectation). But even shorting is high risk with this stock, so ultimately I don't think I would touch it. When I bought SIRI at $1 I considered it really to be a gamble, think both XM and SIRI are relatively overpriced.