At $22 they are about 10x Free cash flow over a 2 year avg. Retrans is growing, they have spectrum opportunities and they are probably looking for duopoly stations to acquire.
I think the market is spooked about expenses being up 20% but that is because you gotta turn over about half of the retrans to the networks.....so when retrans increases so do expenses.
I'm sitting tight, adding more if I can get it for $20.
Intelligent criticism of a stock one owns helps to test the thesis. I learn nothing from a person who just agrees with me all the time.
When squeeze figures that out, it may help him avoid the temper tantrums.
The high school Squeeze attends is on midterm break so he doesn't have internet right now. He'll be back when school starts again.
I think the Nuns accounts had too many box hedges, pair trades, core sleeves, tradings sleeves and other gimmicks that most of us would call churning.
Weren't you banned for life from offering investment advice Paul?
Everyone can google Paul Chironis and see what kind of person we are dealing with.
MPEL is below it's Jan 15, 2007 price.
Eight years of posting "good news" and the stock is right where it was in 2007.
Gee, with all this good news , MPEL should be hitting new highs.
Yep according to squeezetracker it has been nothing but good news for the last year now. Good news at $40, $35, $30, $25.
How about all the employees you hired that were educated with my tax dollars? Did you build that?
Usually a lender would waive some covenant in exchange for some extra interest. That avoids default, but the stock would likely still tank.
I thought the in demand stations were the high UHF numbers. I Remeber seeing an article that said GTN has nothing there.
If a financial advisor gives me a stock that proceeds to lose 45% over the next year and all he can say is "God bless the believers"....I fire him on the spot!!!!