Cumulus needs to look at how Emtercom is run. Lean and mean and now payingb a 3 percent divedend. Hey Mary sell some stTions and pay down debt, there is money to beade in radio, but you don't seem to be doing much for you million bucks a year. Time to show us why you sed paid the big bucks
There turnover is ridiculous. Everyone I talk to in field is miserable, get rid of managent top down clean house. There sales will continue to drop they sold all the capital in return killed their disposable margins. Good luck trying to cpete in a world of tissue, just what we need another tissue company. Not enough of those.
Based on projection CBS could sell for 3 billion, though as of now it looks like theyay IPO. If CMLS can just turn a profit this atock should start moving up. Cbs pulls in almost 400 million on cash from there radio stations, there is no reason CMLS should not be bringing in this profit with 3x more stations. Te to get your plan in drive Mary and let's get this stock put of joke land.
At these prices you would think they would try a hostile takeover. Shareholders have been slaughtered on no news with this stock. I am at a loss for words. I bought around 2.00 a share thinking it was a steel, and now I am sitting here wondering if I will have anything left when it is all said and done.
The fact that this change happened just a few months at Dickey heads contract was extended makes me think something was going on. I just hope whatever it is we the small shareholders will be alright.
This is simply ridiculous, everyday it is down a little more, and days it is up it ends back where it started. I tried to call IR today but got Colin in IRs voicemail. I understand this I whole market is down. But this company had lost 100 percent market share in a month. Every officer should be loading up the truck to show imvestors there confidence. I am starting to believe I made a big mistake., I hope you are right Kevin and TV and someone thinks hard about buying this company at these prices.
Hey Kevin and TVman, I too bought a cramp ton of shares at 2.00. I called investor relations and asked whAt is going on. They stared if a stock drops below 2 many funds will drop them and other funds have a 5 dollar threshold. The question now is how do we get it back to 2 bucks if finds aren't buying. My fear is a reverse split. The cc call seemed positive on beating and paying down debt. The IR guy said they would be out presenting to people who may invest. Dam though it closes down 1 to 2 cents a day so when does the bleeding stop! I would be excited to see a break even at this point. Thanks for your input guys.