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Cumulus Media Inc. (CMLS) Message Board

  • longtimefollower longtimefollower Feb 19, 2010 6:29 PM Flag

    Picked up 30K more today.

    Somebody was offering 97,000 at $2.47. Too large a chunk for me, based on my current exposure level, and cash levels (although it was tempting), but I did pick up 30K of them. And then, somebody else picked up the rest, over the rest of the day.

    I got all kinds of positive news "out the yin-yang" for pacings in radio. I'm convinced this stocks in this sector are going to get a "2nd wind" in the market, over the next 6 months or so.

    This is my 3rd largest holding, after COBR and XJT.

0.3969+0.1318(+49.72%)Nov 30 4:00 PMEST