"...in the last few months, and I know we can continue the momentum."
Transalation for dummies: Things are accelerating lately, on the operating front (which is why our banks were willing to extend us, duh!), and we are confident that that is NOT just a fluke. (DUH!)
This stock is OBVIOUSLY worth more than the $2.40 he offered for it, a year ago. Like blatantly obviously. Especially with the debt extension taking the pressure off to sell assets in a "fire sale." But, again, boo hoo, I guess that means there is no "immediate catalyst" to "show the value" to the Street. I'm crying in my beer.
I guess I'm just the only one that understands the situation...and the value. And what is going on radio more broadly. Earth to the Street. The industry remains a CASH MACHINE, and far from dead....despite the fact that only a handful of analysts follow it now (and no one following EMMS). DUH!
This is a fantastic leveraged play for the next 6-12 months. I'm monumentally puzzled on why the Street wouldn't think that Smulyan wouldn't come back in and make another bid, as the financing markets continue to loosen up...and radio continues to improve this year. DUH!