So the DOJ finally pulled their legs out of the mud and approved the merger of Sirius and XM. Both stocks felt a nice pop today and it's generally expected that the FCC will soon accounce that it too approves the merger. Once this happens, the path will be clear for these two companies to finally become one.
Now that there is finally some action in these stalled stocks, how should it be played? I particular, for those who got in at lower levels during the last few weeks, should profits be taken or is this now a solid long term investment?