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Emmis Communications Corp. Message Board

mattwrig 2 posts  |  Last Activity: Jan 27, 2015 12:33 PM Member since: Jun 6, 2007
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  • Reply to

    Out of the preferreds

    by theseriousinvestor Jan 26, 2015 11:50 AM
    mattwrig mattwrig Jan 27, 2015 12:33 PM Flag

    I don't know why the insiders sold, but I think you have the exact opposite interpretation of reality. If they were already planning on suspending the preferred dividend in the near future, these sales would be illegal insider trades. Seems unlikely they'd be that dumb.

  • Reply to

    Price of Oil

    by pa1702 Jan 12, 2015 8:21 AM
    mattwrig mattwrig Jan 12, 2015 1:47 PM Flag

    Define "quick". Oil has historically had sharp recoveries within 6 months of huge drops, but don't bother trying to time the bottom to the day. If you're a buyer in the energy sector right now, you just have to put in your bids and then resolve to not watching too closely for about a year and just let things play out, for good or bad.

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