Report: Don’t buy Sirius XM stock before earnings call


Sirius XMA seeking Alpha column by Mitu Anand warns investors to be wary of buying Sirius XM stock right now. While Q1 performance isn’t looking to be bad, there are continuing signs the company’s new vehicle conversion rate and overall vehicle penetration rate has peaked–among other negative trends including debt load. Blame it on these indicators, [Pandora in the car] and what’s next from Apple, says the Seeking Alpha post:

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Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.