Thursday, December 13, 2007

Review on XM Satellite Radio Holdings Inc.

U.S. exchanges opened in the red Thursday after wholesale prices jumped in November and as investors remained unsure that a plan from the Federal Reserve and other central banks to ease tension in the credit markets would prove successful. Wholesale prices rose 3.2 percent in November, the largest gain we've witnessed in 34 years propelled by surging gasoline costs. XM Satellite Radio Holdings Inc. (NASDAQ:XMSR) went up 6 percent midday Thursday December 13th 2007 with an almost average trading volume of approximately 500,000,000.

http://xmsr.realpennies.com

Our research resources have been aimed towards the US Large Caps and the various prospective companies therein XM Satellite Radio Holdings Inc.was among those that we have been closely examining due to their recent news and trading patterns.

On Thursday December 13th 2007 it was announced that three additional Members of Congress joined General Motors Corporation, Club for Growth, Harpo Productions, the Rural Coalition, and celebrity talent Andres Cantor, Bill Mack, Wynton Marsalis, Cal Ripken Jr. and Barry Switzer as the latest supporters of the pending merger of XM Satellite Radio and SIRIUS Satellite Radio The latest bi-partisan Congressional supporters include the Chairman of the Congressional Hispanic Caucus, Rep. Joe Baca (D-CA), Rep. Bob Filner (D-CA) and Rep. Connie Mack (R-FL). This new support adds to the diverse list of supporters for the pending merger.

XM is America's number one satellite radio company with more than 8.5 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, the Country Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2007 line up includes more than 170 digital channels of choice from coast to coast: commercial-free music, premier sports, news, talk radio, comedy, children's and entertainment programming; and the most advanced traffic and weather information.

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