$2.60-2.62. Who is to see that CMLS managmenet won't try to "pull an EMMS," and use some of the $1 B in capital available to them to simply take CMLS private at, say, $4.50-5.00.
The sector is STILL growing nicely. Nothing has changed from 2 months ago, except the stock has lost half its value from the peak. I still think we'll do 65 cents in EPS this year, minimum, fully taxed, normalized. That means the stock is selling at 4x earnings.
I'M A HUGE FAN OF THIS SECTOR!! (at current prices). Buy CMLS. Buy ETM. Buy ROIAK. Buy SALM even. Et al.