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Salem Communications Corp. Message Board

  • superbowl6wins superbowl6wins May 13, 2013 10:01 AM Flag

    This Stock is a DOG !

    Down almost 16% from 8.99 to 7.59 ! Failure to meet estimates 75% of the time. Where I screwed up is go by the ZACK rating that had it listed as number 1 strong buy at one time. Learn the hard way !

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    • Zacks is a short term rating that changes on a "weekly" time scale. Use with caution.

      Sentiment: Sell

      • 1 Reply to chiantichrist13
      • Zacks is a short term rating that changes on a "weekly" time scale. Use with caution

        That's not true. I have ZACKS Premium which you must pay for but they have a video on the differance between the Zack ranking and the Zacks Recommendation (outperform, neutral, underperform). The Zacks ranking is 1 to 3 months. The Zacks Recmmendation is 6 months to years.
        True the ranking can change day to day and they download that information between 0200-0300hrs. Usually they are right, at least most of the time, but this time they were out to lunch. They are independent and do not buy or sell stocks. There source of income is investors in most cases or other independent firms adv.
        I still like them. There track record is better than ANY FREE SITE ! You get what you pay for.
        Note; they still rank SALM long term as neutral.

7.00-0.24(-3.31%)Jan 28 4:00 PMEST

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