Emmis Communications Corp. Message Board

Gee, you still dont know the difference between $6.98 and $16.98 ?

you are right. its right there....$16.98.

Silly me.

Have you ever been called a moron ? They were being kind.

I just cant seem to find a single populated message board without neophytes talking about "short squeezes".

What kind of % rebates are they talking about ?

That is, how much of a rebate do they get over what retail customers pay ?

Good news for TA for sure.

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Thats what I thought when miller made an about face & dumped his shares shortly AFTER them giving him a board seat.

The other concern is a number of large value investors have come & gone over the years and none are richer because of owning it.

I can clearly see the potential upside. But that could have been said years ago before Wynnefield or Miller got involved.

And, I think I even took a bath on a stock that Wynnefield had a large position in too. Years ago.
What used to be or later became autoinfo or something like that.

Both small positions for me, one that each was involved with but both total or near total losses.

I wasnt limiting my target at all. Just saying that I could live with $8-8.50 as a worst case scenario.

Given their last 5 years of EPS from continuing operations of 97.4 cents per share, the upside is obvious.

However, they wrote off a huge chunk of goodwill which makes me question the value of their past aquisitions.

I also have concerns about them not meeting their expectations repeatedly last year.

Im new to the stock. I hope for the best. I do NOT have limit orders in waiting to sell at $8.50 I can assure you.

Continuing operations is of little concern if they continually have "non-continuting" regular losses.

I hope to double my money or more here.

But a number of parties a lot smarter than me have been WAY wrong on the stock and have huge losses to show for it.

I followed Miller into a cash heavy bio-tech. They gave him a board seat so I thought a liquidation was coming. Instead he resigned shortly thereafter dumped his entire stake and the stock was down 40% before I saw it. I think they burned through the rest of the cash. Cant even recall the name of it now. Its in one of my accounts though.

Id like a larger postion in SO. I first bought it Jan 28th at $44.40 with the intention of adding more if the price dropped. Instead it went up. I collected one dividend because I didnt mark "reinvest" in time. So now Im wishing I bought more but afraid to chase it higher.

Other than the dividend reinvestments that I expect I will be doing for at least 10 years probably longer.

I own UTF a utilities closed end fund.

But, I still have FAR too much in cash.

Considering other high dividend payers.

I doubled UP today just now at $6.25. My first buy was 4/2 at $6.01.

I have a feeling this is going to take more time than many would like.

And I certainly dont see a massive short squeeze pushing the shares to $30 in the next few months.

How many of you all would be happy with $8.00-8.50 in 18-24 months ? I would be. I hope for more but I can deal with $8-8.50 in 2 years.

I still need to go back & read prior SEC filings.I didnt go very far back when I did.

MERUELO might end up taking it in the chin here. He was clearly greedy at much higher prices thinking the chairman or some 3rd party was going to pay him big profits. Turned out the opposite.

Would like to see some more insider buying by some of the lower level officers & directors.

Chairman sold so much at such higher prices that I cant read too much into his buys.

Well, when I read Sellers old 13ds before he got control. I thought it would be sold a lot sooner too.

The only sane stance with this stock is to expect nothing and hope for the best.

Besides, whose to say what you buy might not do worse than PRXI ?