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Cumulus Media Inc. (CMLS) Message Board

  • ewavecharter ewavecharter Apr 16, 2010 12:36 AM Flag

    You Don't Get It/ Some Reality- Buy

    When you have a story stock such as CMLS, a retail broker can and will make the sale very easily. The broker really doesn't care much about fundamentals, just profit, (as I) so the buying momentum starts. Media Funds will follow. Shorts should clear out soon.
    CMLS is a great turn around 'story' because by being the biggest and having a new credit partner, can synergize the business to take over other stations easily, while they are on the cheap and struggling. I think the election year advertising is the main driver being campaign spending (highly contested) is projected to be 70% over the normal cycle. This is how they found a creditor (and by stripping expenses too). Things can only get better from these levels.
    You'll see..

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