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Emmis Communications Corp. Message Board

cemadh_99 1 post  |  Last Activity: Nov 12, 2014 4:43 PM Member since: May 8, 2009
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    Thoughts on Earnings and Buyback?

    by kapy15 Nov 12, 2014 4:12 PM
    cemadh_99 cemadh_99 Nov 12, 2014 4:43 PM Flag

    orbitcap
    On Oct 17 you said "We're going to approach 18/share next week.". That did not happen
    On Oct 22 you said "I'm pretty sure during the CC, when the questions start pouring in, someone's gonna ask, whens the buyback gonna happen? and SJ will say, it's still premature just like the last CC"

    Now that they gave actually announced a buyback, you say "Sj Cheng = Fail".

    Are you short? Business is doing GREAT!. Cash pile is growing. Gross margin is improving.
    In my opinion, SJ and SK have PASSED not FAILED. Especially in the operational aspects.

    Sentiment: Strong Buy

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