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On Mar 28, 4:01*pm, "David Eduardo" wrote:
"Robert Cohen" wrote in message ... On Mar 20, 9:33 pm, "Scooter" wrote: Terrestrial radio's biggest problem is retaining advertising revenues as more ad dollars are siphoned by the internet. In 2007 total ad dollars for radio fell to where they were in 2003. That point to an industry going backwards, not forward, Cramer said. The average market cap of terrestrial radio companies has declined by a staggering 80% over the last five years. But the bottom isn't even in yet, as far as Cramer can tell Either way, the bottom line remains the same. Cramer expects the terrestrial radio companies to go down harder than almost anything else and he would not own any of them under any condition right now. Here's the video - http://www.cnbc.com/id/23558686/from/ET/ That's what the stock market seems to be intimating: Some of the notable chains are going for under $5 a share. Share price does not indicate value. A share of one company that goes for $80 is no better a buy than one that sells for $5 if the earnings per share and other fundamentals are in proportion to the stock price. Many companies do stock splits when shares go up in price, in fact.- Hide quoted text - - Show quoted text - I agree with your point. Here is problem/opportunity (imho) Some fiduciary "conservative" funds are not allowed by charter to buy anything under $5, and "reverse splits" in "cheap" penny stocks sometimes happen for this reason. NYSE, New York Stock Exchange, under $2 stocks aren't publicized/ listed in daily highlight/lowlight reports of many newspapers. Of course they are all over the internet NASDAQ exchange is seemingly somewhat similar Caveat penny stocks players, because there seems to be somewhat more manipulating, cheating, scalping, pumping-dumping, chicanery-trickery with "cheapos" than with the "high priced" I see Citadel, Radio One, the Spanish radio chain, Westwood etal are under $5. You, say in the sales departments of stations that are nevertheless seemingly doing nicely, are encouraged to post your experieces and perceptions. Is now the time to load-up, and/or is your industry dying, as the movie industry was thought to be in the 1950s because of television These are blunt, flawed ideas and I apologize to any offended: your corrections & opposing ideas are encouraged |
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