Jerry Del C wonders..I think the concept is very possible though his '3X cash flow' is clearly absurd. Think more like 2X+. JDC is excellent when it comes to listening to the grapevine, but he is not financially very sophisticated.http://insidemusicmedia.blogspot.com/
Just read the conference call transcript on Seeking Alpha. The CEO already said the multiples will be 7-8X. JDC should really listen to the conference call!Today's volume is abnormally high, but the stock price only moved 5 cents! Anyway, it's good to see that we are building a strong base here around $4.90. Any wish of 30% drop is just day dream.
This guy has so many axes to grind that it's hard to put any credence in anything he says. He's, simply put, not an objective observer, and has a blatant and visceral dislike for the Dickeys. That having been said, I'd love to see the Dickeys come in at $6.50-7.00, over night, and make an offer (the minimum price I would consider supporting, at this time).