parabolic. Look the stock was too cheap particularly for this sector. I believe you will see more M&A in this sector this year while interest rates are low. This will be a prelude to mid term EVC all are in a similar position. and the next presidential election. A lot of money is made on elections, Olympics, and private monogramming. This company is well positioned with it's market coveraage. also check BLC and E
The chart was a LONG way away from popping on volume due to technical reasons. It was the buyout of BLC that gave you today. Not that I don't also believe that GTN was basing and was going to eventually threaten $7 and breakout from there. I think it was, barring any Market-wide correction or Crash. But today's news accelerated the process.
For sure you are right. The buyout was the power. It is going up anyway now just faster. This buy out is going to create operating profit in the first year for the acquirer. And big money at that. Means that the next best opportunities all are going to rise. I like GTN and EBC. Anyone else ?