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Cumulus Media Inc. (CMLS) Message Board

  • longtimefollower longtimefollower Oct 2, 2009 4:38 PM Flag

    MASSIVE accumulation today in CMLS!!

    Chart looks incredibly strong, since the last earnings release.

    I think it's going to break out to significant new highs next week. Today's volume FORTELLS such an outcome.

    Could be $3.00-3.50 I'm thinking. Look how volatile CMLS was, just for example, a year ago, when it initially bounced bigtime (before running to new lows).

1.87-0.07(-3.61%)Oct 21 4:00 PMEDT