U.S. markets close in 6 hours 14 minutes

Cumulus Media Inc. (CMLS)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
Add to watchlist
12.25+0.46 (+3.90%)
As of 9:42AM EDT. Market open.
Sign in to post a message.
  • B
    Buckeye8810
    BBGI is another radio play to watch. CEO says revenue is pacing up triple digits. Insiders buying
  • F
    FoxThree
    Good announcement on the debt reduction of $175 mil, definitely a step in the right direction. A company will little to no debt will certainly not go bankrupt! Keep it up.
  • L
    Larry
    For those pondering legal or SEC action, CMLS paid large advisory feels to Noble Capital Markets whose Analyst posted a series of bullish reports as the stock tanked.
  • J
    Justin
    These guys have a huge hidden asset in the podcast business.
  • F
    FoxThree
    What this company needs is a clear path to profitability. With its cash reserve of close to $300 mil it should be able to last a few years running whilst still being marginally cash flow positive. The debt of close to $1 bil, is truly like an anchor to the share price. Wonder if selling off part of the business would help to free up capital and get the debt into a more manageable size?
  • J
    Justin
    Crazy. Company cut half the debt. And now not a year, mkt is implying negative equity value based where debt is trading. My gut says it will recover when advertising comes back but it’s going to be a rough year.
  • B
    Bull4ever
    This is the company who took away all my old shares without my consent
  • S
    Sham
    Just realized CMLS value been zero out in my portfolio trading account. The average buy price become zero but still showing the stock quantity that i own. Do you know why?
  • A
    Anonymous
    ATLANTA, May 21, 2020 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (“Cumulus” or the “Company”) announced today the adoption of a short-term...
    ATLANTA, May 21, 2020 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (“Cumulus” or the “Company”) announced today the adoption of a short-term...
    www.globenewswire.com
    Bullish
  • S
    Sherry
    Don't believe much of what chartists say...but if we get some more volume and a little more of an uptick the stock might be able to move to the 18 area. Just saying...don't bet the house.
  • D
    Duane
    All, Keep in mind this company has filed BK and wiped out stock holders at least twice in the past. I currently hold a little over 10K shrs. that I picked up in the low 3 range. I do expect a surge in the stock price driven by political adds and will sell there. I know people that work there and they are good people but the management has not been investor minded. They issue themselves options at near no cost then sell them right away. I don't know what's up with the approval to sell up to "100% to non us citizen" .
  • J
    JON
    they never should have declared bankruptcy. they could have made it work
  • s
    southernboy
    Company file 8-k form! Any thoughts?
  • B
    Brian
    What happened today?
  • G
    Gasmanchad
    Solid quarter, between the real estate deal, increased cost efficiencies and monetizing tower portfolio, brought down debt, expenses and generated positive FCF. As long as the economy continues to recover (albeit slowly), this is a $12-$15 stock.
  • S
    Sham
    How long this counter will be under OTC trading?
  • L
    Lakers4Life
    Anyone concern long term how they will sell their towers to pay down their debt?
  • J
    Josh
    so is the bankruptcy going through this time? if so, what does that mean for us as shareholders besides no lube. any help is appreciated
  • A
    Anonymous
    It’s going back up after the dip get in now before it goes up another 20%!
    Bullish
  • A
    Anonymous
    Another big day?