Emmis Communications Corp. Message Board

  • pellemike0716 pellemike0716 May 2, 2011 12:34 PM Flag

    Still Stale

    Thought after the little boost at end of last week atleast some interest would carry over... Once again I'm wrong, Volume is still pathetic under 200k shares... I still own 13k at 1.11 and 7k at .97... Its just frustrating to keep holding such a stagnent play. I know as soon as I sell some news will come out and it will gap up.

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    • You are absolutely right. Just so hard to hold and watch volumes like 10k in a day when own 4 times that.

    • True different strokes for different folks... Keep doing your thing my man, and if you ever feel like giving me a loan let me know... hahah.

    • And not one of you even comments.

      They filed their 10K but didn't put out any Q4 press release.

    • I'm actually a buy-and hold distressed investor looking for potential five and ten-baggers, or three-baggers at a minimum.

    • Thanks, but it's not quite "distressed" enough. More importantly for me, it's too pricey. Every stock I own was bought below $1 (except for Entercom) so I can buy minimum lots of 10,000 shares, and preferably 100,000 shares. Fortunately, Emmis came through today to offset my sizable loss on Entercom's dismal earnings release.

    • Got one for you my man... PETS, at around 52 week low only cause earnings saw decrease b y 32%, most of this decrease was due to increased ads to grow and solitify market share and deter new entrants into the industry... THey are very solid company I got in at 12.74, anything under 13 is a bargain in my mind.

    • CYS violates my first rule of investing: Only buy stocks that are "on sale" (deeply discounted in comparison to their 3-year and 5-year high). Based on the buyout rumor, I guess I'll have to hold on a few more days or weeks before selling a significant portion of my Emmis holdings, since selling would virtually GUARANTEE a buyout deal going through. It's hard to believe that someone (including Smulyan) would not try to buy the company for a slightly higher price than last summer's $2.40. With the company's assets, there is absolutely no reason in the world that this stock should be stuck in this trading range. Barring that, a spin-off of the publishing division would seem to make perfect sense.

    • You are absolutely correct... I'm not sure of your financial situation but based on your position you have taken I'm going to assume its a little better then mine... With that kind of money in portfolio, why not go the dividend route... Take a look at CYS.

    • Yes sir, that is exactly what I do, also cross matching technicals with fundamentals... Its all pretty elementary stuff but it works... I'm with you I'm going to be holding EMMS a little longer too... I just like to #$%$ and moan because I believed it was going to POP much sooner... The Pop is still coming just a matter of when.

    • I just sold out of MNKD for nice 15% profit got in at 3.80, sold at 4.60, no point in leaving it in gambling on the outcoming of the CC and ER... The ratio is bad, but thats only because the owner Al Mann billionaire, didn't want partner, he has over 500 million of his own money in the company... Afrezza their staple product was stone walled by FDA for nefarious reasons... Anyway I'm out for now. maybe I'll get back in at a later time... Looking for some other stocks near their 52 week low with high short interest, that are oversold, with big upside... I'll let you know when I find one... Unfortunetly I still own most of my EMMS cause I just can't let them go this low.

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EMMS
1.710.02(+1.18%)Jun 19 4:00 PMEDT