Listened to that last quarterly call. That sounded POSITIVE to me and given that my perspective on the US economy is that we are, and have been improving, BELIEVE the upcoming call will be good as well. Took a position today and looking to add as they confirm their ability to execute on growth.
Time after time they've demonstrated they CAN NOT execute on growth. When the top line moves they kill themselves with SG&A. Poor management, but that's nothing new around here. Roamer's top 20 has been cut in half, and what's left remains up for debate. Perhaps a PE firm will make an offer and clean house / sell what's left to a bigger media firm, I think that's the best KNOT longs can hope for at this point, and it's a longshot.
We'll cash flow is strong along with the cash position (over $3per share) and they have made some positive movies as with Macy's. I think what they did will allow them to broaden their reach and not be beholden to them. Also, the China initiatives sound very interesting to me. Time will tell, but I'm patient and still tend to concur with the items in the initial post.