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Cumulus Media Inc. (CMLS) Message Board

  • longtimefollower longtimefollower Feb 9, 2010 10:08 AM Flag

    Industry Report: Automotive ad spending up 36%...

    ...in Q1. That's absolutely spectacular for CMLS, who is highly dependent on auto, and was a major reason CMLS underperformed the industry, in the recession.

    I think the stock will go to $3.00-3.50, when the Q4 earnings report comes out, based on the guidance they give for Q1. THIS IS A MAJOR TURNAROUND!

 
CMLS
2.38-0.12(-4.80%)Apr 17 4:00 PMEDT