Virtually all the volume was mine in the first 30 minutes. There is no selling in this stock right now. I think tomorrow we release 3rd quarter of +40% and 4th quarter guidance of +70% revenue. I don't suspect any other special announcements but us getting into those new stations on October 12th means lots of money. Several of those were in key political spots like Savannah, Hawaii and Ohio. Should be fun tomorrow.
Agree with the first part of your post but not the second. Why would they mis-guide investors to think future revenues would be so robust when we just finished a very strong election cycle? This will be dead money next quarter. Won't be another quarter ike this for awhile. MAYBE they'll announce a dividend?
Next Quarter (October-December) is the top of the poltiical cycle plus they add 30 million in revenue associated with the new stations that we took over on 10/12/12. 3.5 weeks of heavy political added to those additional stations. I'm thinking I'm conservative on the 70% number.