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I implore you to read the FULL 10Q. Here is a link. http://www.sec.gov/Archives/edgar/data/43196/000095014409004093/g18986e10vq.htm
i see what you mean there is no higher interest rate, they just converted their debt vehicles
What are you TALKING about?! You and "snow ball" are clearly on angel dust. The interest expense is DRAMATICALLY higher as of 3/31/09. They're screwed!
thats right, and the payments they have to make are surmountable to the edge of profit if revenues rise. 3rd or 4th q net profit is not out of the question
Don't "implore" me. Take a sentence or two to REFUTE me! I'm willing to be wrong, if you can prove it.
Your argument is that Highland Capital is selling.Well, Highland Capital is liquidating holdings to meet its own redemptions. Highland shut down 3 OF ITS FUNDS and is in big trouble.So the only selling of GTN you see is FORCED selling from an investor that:1.) UNDERSTANDS MEDIA and chose to buy 13% of GTN at $8/share.2.) is now FORCED to liquidate due to its own problems.GTN is a mispriced security--period.
just buy some like the rest of us and make $ because we have a new Q coming out on August 7 there will be a conference call. You will have the opportunity to ask management this question directly. I bet you won't bother, somehow.