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Entravision Communications Corporation Message Board

  • truth.monger truth.monger Oct 6, 2009 11:36 PM Flag

    Spike was a harbinger of gains to come.

    Today’s spike was a harbinger of gains to come. EVC is heading back toward its long-term historical trend of $8-10. The improving revenue environment, long-term expense cuts, a focus on debt reduction, intelligent management, strong audience ratings and demographics will propel EVC for years to come. It will move higher than its 5 year average. Prior to the credit panic and the resulting advertising collapse EVC price targets were moving up to $13/share. Review a 5 year chart and the month over month improving operating results (conf call) and EVC is a low risk play for a quadruple in a market with ever fewer of these opportunities remaining.

 
EVC
6.52-0.02(-0.31%)May 1 4:03 PMEDT