Tuna, don't you see that all the dog and phony shows were just that. Their has to be a problem. The tape doesn't lie and the insiders sell at every opportunity just chec insider selling. Imagine selling shares in the $3-4 range. Why weren't they buying?
I think they weren't buying because Redstone had been selling large stakes of his shares which made people nervous. It seems he was just selling the shares, however, to pay for some theaters he bought. With the economy recovering and increased revenue from advertising CBS should do well thus the stock price is going up..IMO.
Cbs opened at $14.21 on january 4, 2010. It has traded over 600 million shares since then and is now $14.27. And the bored of drecters give less a new 5 year contract with plenty of options for him to exercise.
they are the #1 tv rated network had the super bowl in february spot radio has picked up advertising has picked up have great ncaa tourney numbers have the masters with tiger back several buy recommendations merrill raised target price