i bet ppl are kicking themselves right now who bought sirus @ 3.82 after announcement of merger on monday. until after first 2 days the market jumped up to 4.06 (ppl should have sold). IMO i think the SIRI will decline down to 3.4-3.5 within the next week or so. as well as XM declining market.
once SIRI hits below 3.5 i think it is a good buy for long term. both XM and SIRI has gotten so much public promotions that even if they didn't merge, both companies would see an increase in stock, not that the stock will soar. both are good long term stocks but have bad shorts.
well..thats my 2 cents