Tue, Oct 21, 2014, 9:10 AM EDT - U.S. Markets open in 20 mins.


% | $
Quotes you view appear here for quick access.

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.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 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.

    • That's because the results were fairly "unremarkable." Pretty much exactly what was expected. The big issue is the hoped-for station sales, not whether revenue increased 3.5% instead of 7%.

    • 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.

    • That is an interesting little strategy you have there... I only have 30k to work with, which is why I look for smaller stocks, and then really only try to make 10% return at a time... I through 10k at PETS, Looking for that 10% which means I need it at around 14 which it will get to in next month... Then with dividend stocks like this one, instead of cashing everything out, I take about the principle and leave profit in, to make some residual income from the dividend... If I had your kind of money... I would be retired by now. Wallstreetsurvivor, check it out, name on there is Pellegrinoprofits. starting bankroll 100k, now at about 360k.. Thats in one and a half years.

    • 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.

    • View More Messages
2.18Oct 20 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
BlackBerry Limited
NasdaqGSMon, Oct 20, 2014 4:00 PM EDT
Portugal Telecom, SGPS S.A.
NYSEMon, Oct 20, 2014 4:02 PM EDT