This market makes me sick...and doesnt make any sense at all. Companies like ETM (and several others with outstanding earnings) have no reason to fall to the levels that they have. I like radio and feel that ETM is as good as it gets in terrestrial radio. I'm hoping we get out of this muck soon and feel that there will be an increase in revenue for radio coming into the fall.
Are you sure? This is the capitulation? We are back at 2009 valuations when there was a lousy outlook. Now earnings are up and growing. I don't disagree with you. Just feeling poor. A lot of upside here. ETM is very consistent and a very strong earner.