Sirius XM dipped below $ 2 this week

NEWYORK - Sirius XM dipped below $ 2 this week, raising questions about where the stock is headed for the rest of the year.

There is no doubt that if you entered the Sirius, when its shares were selling for a penny in February 2009, you are now a happy camper. But at least in 2011, as the momentum is in stock?

Shares of satellite radio company fell about 18% of its intra-day high of 52 weeks to $ 2.44 on May 31

One concern is the potential threat of initial public offering of worms. Internet radio streaming, said last week it plans to raise 150 million U.S. dollars, but Wall Street rumors that it could produce even more.

Of course, as Pandora is a threat to Sirius is a point of debate. On the one hand, operate in two areas: Pandora for computers and wireless devices, Sirius predominantly in cars. But ultimately both the same goal: to offer users of music.

There are many others that Sirius face headwinds for the rest of the year.

The company has been on the road to recovery, partly due to the success of money for the lunch program last year, which reinvigorated sales of automobiles. But May was low for the manufacturers - not the new owners want to listen to Sirius.

Sirius is based in the automotive industry to boost subscriber growth. In the first quarter, the company added 373,064 new subscribers, bringing its total to a record level of 20.6 million.

According to the report of Bedford, blocking the NFL can also limit the potential expansion of satellite radio.

Opie and Anthony on Sirius XM to discuss the scandal Anthony Weiner

Yesterday, the conservative blogger Andrew Breitbart appeared on the show Opie and Anthony on Sirius XM to discuss the scandal Anthony Weiner. Breitbart said he had a picture of the genitals of a member of Congress who had been sent by e-mail, and showed the guests. However, after posting the photo on his mobile phone, a photo of the photo was taken and tweeted the O & A left the studio after Breitbart.

Breitbart is upset that the photo was taken and published without his knowledge and requesting an investigation into the matter. Yesterday he appeared on talk KFI-AM/Los Angeles and, according to The Hollywood Reporter called "a study of Sirius what happened to you."

Breitbart said he did not intend to make public image and only showed the picture in the studio after Jim Norton told him that there were no cameras in the room. "They said they just did on my back. They used a surveillance camera in the room and made a screenshot and place it there," Breitbart said Kobylt KFI John and Ken Chiampo.

S & A has posted a video showing Breitbart your phone for guests in the studio, and Anthony Cumia issued a statement saying that "I want to say that Andrew Breitbart did not know that this photo was published. A mobile phone with the photo was displayed, and picked up a camera in the studio. He was then transferred to Twitter again, unbeknownst to Andrew Breitbart. I'm sorry that this happened. "

However, he also told Fox News Red Eye Cumia on Breitbart last night that "showed that the width of a map Sosa rookie," adding that "I'm not like we attached to an international story. It is the credo of the shock jock.

The incident made the Colbert Report last night with Stephen Colbert showing their music video for the studio. You can watch the segment, Colbert here. Opie tweeted that Colbert "had a better opinion of him."