ebeads2003, when the share price was in the mid-teens, I did not think that it would drop to $5--but it did! When it was at $5, I did think that it would get back over $10 so quickly!
I entered a bid at $10.10 late in the trading session--no fill.
The KUFX station purchase tells me that the Fields are confident about the refinancing; otherwise, the money would have been used to repay debt. Quiet station purchases do not generate the media buzz that M&A activity would, but I think that buying stations cheaply now is really smart.