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Cumulus Media Inc. (CMLS) Message Board

  • longtimefollower longtimefollower Jul 12, 2010 4:11 PM Flag

    I bought more today.

    $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.

0.2933-0.0183(-5.87%)Jun 24 4:00 PMEDT