On Mar 7, 11:47*am, SC Dxing wrote:
$22 dollars a share 5 years ago to under a penny today.

Just think of all things you could buy with 500 shares of Citadel
stock today versus 5 years ago.

you could buy a new car 5 years ago with 500 shares
today could buy a happy meal at McDonald's with 500 shares.

Citadel, Crap Channel and like created their bubble and problems..
When the FCC said ok boys have fun, it was a race to finish for
consolidators buying up station clusters. They over paid
thinking there was no end. Then to drive up the stock price, they
drove up profits by cutting costs. People, pay, content
and anything half way creative or innovative was thrown in the river..
That appeared to work for a while, then revenues stopped growing, they
went flat. Traditional media dollars were targeted for the web,
instead of radio & TV.. Then the world wide depression hit and radio
could no longer support what wall street. Wall street radio started
falling apart years ago. You didn't know about it..
sal