Going into the upcoming reverse split and merger of Siri which side is the Smart side to be on?

The smart side to be on for the upcoming reverse split and merger of Sirius XM Holdings Inc. (SIRI) is the side that aligns with the company's strategic goals and financial stability. Here's why:

1. Strategic Consolidation: The reverse stock split is part of a broader strategic restructuring aimed at consolidating the share base and aligning nominal share prices post-transaction, which could improve the stock's market dynamics and investor appeal.
2. Market Position and Pricing Power: Sirius XM holds a legal monopoly in the U.S. satellite radio market, providing considerable pricing power over its subscription services. This strong market position could help the company navigate the reverse split and merger effectively.
3. Valuation and Investor Confidence: Despite the reverse split, Sirius XM's valuation remains attractive, with shares trading at just eight times forward earnings. This historically low valuation, combined with the company's stable revenue model, could make it an attractive investment opportunity for value-oriented investors.
4. Financial Health and Prospects: Warren Buffett's significant investment in Sirius XM suggests confidence in the company's financial health and long-term prospects. His investment aligns with a broader investment strategy that includes stocks such as Ulta Beauty, indicating a belief in Sirius XM's resilience during economic uncertainties.

In conclusion, the smart side to be on for the upcoming reverse split and merger of Sirius XM is the side that understands and supports the company's strategic objectives, market strengths, and financial stability. This includes investors who are aware of the reverse split's purpose and believe in the company's ability to maintain its market position and generate value for shareholders in the long term.