Sun, Jan 25, 2015, 4:47 PM EST - U.S. Markets closed

Recent

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

Entercom Communications Corp. Message Board

  • suxbuts suxbuts May 11, 2009 9:05 AM Flag

    Should Have...

    shorted at $3 last week.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • and use your dead relatives' bones for tooth picks?

    • Just stick with what you do best - "eating" other guys for breakfast. Donger breath.

    • Perhaps I can and you can't: who cares what you do, did, or are thinking about doing. you're piker, no go cut my grass Manuel

    • I still think you are a lame commentator b/c you just write opinions and don't back them up with anything.

      As I've outlined before, I bought in a $1 back in March on the basis that the company was not going bankrupt, probably would not violate its bank covenants and the fact that the insiders were heavily buying.

      After Q1 came out, I decided to take some profits b/w $2.70 and $3, mainly b/c I think people are too eager to play the "rebound in advertising" trade as I see the economy sucking for quite a awhile. I might leave some money on the table, but the EBITDA and FCF generation in Q1 were not as high as I had hoped for, and I've got no qualms locking in some profits until the operating trends are clearer. I'll continue to monitor this one closely b/c there is so much leverage baked into the equity returns, but I want to see more sustainable EBITDA and FCF generation before deploying more capital, even if I have to buy back in at higher prices. Ultimately, I think this stock could get back above $10 in a 2-3 years if they can manage their cash flows properly.

      • 1 Reply to trippindave
      • I don't invest, I trade. I don't care who the co is or what they do, who runs it, or what their prospects are. I don't do research or due diligence, just trade: Long in a up trend, short in a down trend. just 3/4 letter ticker symbols to me. A short at $3 last week would be very profitable today. that's all I need to know. If you're long at a dollar, and failed to take profits at $3 last week, you're an idiot.

 
ETM
11.90-0.13(-1.08%)Jan 23 4:02 PMEST

Trending Tickers

i
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.