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Emmis Communications Corp. Message Board

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  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 Dec 1, 2011 11:20 AM Flag

    Astonishing that the Street continues...

     

    "The market can stay irrational longer than ................ "

    No, if you are implying that a price decline would force an EMMS long to sell. That's the great feature of a long position (vs. a short position)--you know your maximum loss.

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