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Emmis Communications Corporation (EMMS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2.98-0.05 (-1.65%)
At close: 4:00PM EDT
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    Emmis Communications Corporati NASDAQ $EMMS Correlation Histogram
    X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0 In other words, the correlation coefficient of the other stocks
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  • 24 mill to pay off debt. Deleveraging continues.
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  • Help me understand. Emmis is sub-$50mil market cap. Yet in the last couple weeks they sell $30mil of what I will call worthless assets. Then, the BOD obviously believes the company is worth more than $4.10 since they didn't bite on Smulyan's offer. So, why is the stock $3.74 and not $7.43?
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  • Lightbulb just went on. I'm a little slow, it took reading the recent seekin alph report on emmis. I will bet anyone a dime to a donut that Ihrt or cmls buys emmis in 2017 using stock and then about 6 months later declares bankruptcy. So, as soon as the deal is announced, sell emms. That's my plan and i'm stickin to it.
  • Smulyan withdrew his offer: In a letter Friday to the Emmis Board of Directors, Jeff Smulyan said he would let his offer to purchase the company's outstanding, publicly-held shares expire. http://www.insideindianabusiness.com/story/33395407/smulyan-ends-offer-to-take-emmis-private

    Smulyan Ends Offer to Take Emmis Private
    The chief executive officer of Indianapolis-based Emmis Communications Corp. (Nasdaq: EMMS) has ended his effort to take the company private. In a letter Friday to the Emmis Board of Directors, Jef...
  • Dear Jeff, I am a radio broadcaster and have owned stock in EMMS for years. I am one of your biggest fans. I have been buying EMMS stock on a regular basis, unfortunately your buy out offer is more than $ 2.00 per share less than my average cost per share. At $ 4.10 per share I will lose over $ 75,000 on EMMS. I always figured your offer of $ 2.40 per share before the 4 for 1 stock split was a good rule of thumb on the value of the stations. I hope you have not run the company in the ground for personal gain! I am very disappointed to say the least.
  • Since the sale of the Terre Haute radio stations was presented as one of the moving parts of Smulyan's proposal to purchase the company when his proposal was announced last August, I conclude from today's announcement that the stations have a buyer that a buyout of the company in some form is going to happen. I suppose you could have the station sale without the buyout, but I don't recall the issue coming up before Smulyan made his pitch, though the release today only talked about the need to "delever." I can't wait to get out of this pig. I don't knowingly or willingly own companies with leaders that can't be trusted.
  • Rolex yatchmaster $65k

    I hear smuylan's jewelry is also on the market to pay some bills.
  • Extended one day after the cc. Obviously, the cc will be completely downbeat to let shareholders know that 4.10 is an absolute gift that should be embraced.