I bought this a 6.50 and then is dropped and I got out. I am so frustrated what it the deal here? Up over a dollar?
Sinclair Broadcast bought Fisher Communications. Interest in Broadcast TV is up. This has zero bearing on the fact that Media General owes more than the company is worth. Keep buying because I'm very close to selling this turd short.
demand for it
Very good comments about the industry the last couple of days from the NAB conference in Vegas. Stock is worth $15 at least. Bond refi is coming as well, will save $15m/year in interest costs.