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Gray Television, Inc. (GTN)

New York Stock Exchange Consolidated Issue - New York Stock Exchange Consolidated Issue Delayed Price. Currency in USD
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14.10-0.10 (-0.70%)
At close: 4:02PM EDT

14.10 0.00 (0.00%)
After hours: 4:43PM EDT

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  • M
    Maria
    Maria
    The scenarios are quite interesting at current levels for GTN. Yo you should really check out awe-som_sto-cks, they seem on point with their stocks.
  • d
    daninfw04
    daninfw04
    Just a quick update. in cash 90-95% for about a week+ now. Took about $500K profit on GTN and $300K profit on EVC. Did buy back just 60,000 EVC yesterday at average of $6.495. Just been trading RAD and T. I have mentioned our of 18 before so I don't post much here or elsewhere anymore. I am still trying to find a few of the old posters. Post and let me know if you are still here. Our group was warned by members that Q3 was going to be soft so we got out before reports. Cord cutting was not a factor. Today, sector down because of what FOX is threatening to do to SBGI and has rattled entire sector. I see GTN and TGNA both in the 12's at least for now. GTN will blow away their Q2 numbers butQ3 is soft. EVC still has aggressive buyer. GLTA DaninFW
  • A
    Aman
    Aman
    Is this a regular after earnings selling or there is some bad news ?
  • d
    daninfw04
    daninfw04
    Again, I just don't think there are that many out there. I can't tell by the new Yahoo id's who is who. Our group of 18 is quite impressive and still looking for any of the old posters not whackos. I can't tell who Mike or DC is. Are you guys from years back? None of the info from our group of 18 is insider info. It is gathered from experience and those still working in different sectors in non-public companies. We look at their sales trend in the private sector and relate them to the public sector. We are usually right on. I quit posting a lot because of the idiot Bostonsonics who says one thing and does another. A real nutcase I don't have time to prove wrong every day. I still think GTN will be $18-20 in 6-12 months but there are headwinds right now that will take it to $11-12 IMVHO. I think they will blow away their numbers by a dime or more but guidance could hurt them. Our group sends dozens of e-mails daily many days. I stay too busy keeping up with them. Today is quiet as we are waiting for our re-entry point. I may be adding to EVC soon. DanFW
  • D
    DC
    DC
    Good to see you back Dan. I value your insight on these stocks. I wish I had known to get out a few days ago...taking a pretty good beating right now. Don't forget us over here! haha I check every day to see if you have posted.
  • O
    Oliver
    Oliver

    Music is a beautiful opiate, if you don't take it too seriously. http://dataunion.tistory.com/6973

    MAY-2016 Gray Television NYSE : GTN Correlation Histogram
    X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stocks
    dataunion.tistory.com
  • M
    Meredith
    Meredith
    If we are to go off the RSI then you could argue that a pull back next day or so could occur on GTN before rallying up. Yo you should really check out awe.SOME-StockS, they seem on point with their stocks.
  • b
    boston
    boston
    Happy 4th of July everyone! I plan on getting together with some old Vet friends of mine tonight and volunteering at the VA hospital, so i wont be on stocktwits!

    Anyhow, id like to share some of my latest trades. I am out of DRYS and TSLA as of today, out of SNAP and basically all liquid, although I bought more EVC today at 6.50-6.55 range! Congratulations to anyone who shorted DRYS last month with me, just huge gains. My TSLA has almost doubled from when i recommended it too!

    What id really like to talk about though is EVC, i have been noticing a new trend developing, MM is letting this drop and picking up cheap shares all the time, it may be American Century, but it is under obvious accumulation, plus i see a triangular pattern developing, I am looking for $8 ST!!!

    I am sorry I can not post here more often and give out great information that is correct 98% of the time, but I am just sick of the relentless bullying from the chicken hawks and frauds, accusing me of stealing their identities, wiretapping thgeir phones and sending them viruses, just assinine accusations that i have no time to address.

    As far as long term goes, I still believe our nut job, chicken hawk president will spend all his time making fun of the media, making wrestling videos, trying to destroy the FREE press and undermining democracy. I believe it is only a matter of time before he is revealed for the fraudulent chicken hawk brat that he is. I already know this, soon the markets will too and there will be a huge correction. This is why I am mostly liquid right now.

    GLTA, Happy 4th and do something for the troops today! Maybe even thank me for once instead of bullying someone who almost died so a bunch of soccer moms could go 4 wheeling and so that you could play golf!!!!!!!
  • d
    daninfw04
    daninfw04
    Just an update. I currently plan to trade the heck out of this sector. I am holding GTN shares and sold the 40,000 TGNA shares I bought around $14.47-$14.48 for $14.84-$14.85 yesterday. Plan to swing trade TGNA for quarters and half dollars. Since I started trading this sector almost a decade ago I have been amazed with the volatility. I still see massive M&A coming for this sector. Many are concerned about cord cutting. A recent report showed that in a few years the local broadcasters would jump from $100 million to $800 million a year from cord cutters going to skinny bundles. Margins are higher. Reports come out and people don't understand the dynamics. I may trade some GTN with another pop or two. As I stated before months ago, I sold about 31,000 GTN at $14.50+/- and bought back same amount at $11.75. Currently still holding 131,000 GTN. I never said I was holding till $18-20. I might. I intend to hold or trade it till it gets there. GLTA DaninFW
  • d
    daninfw04
    daninfw04
    Picked the 40,000 TGNA sold yesterday at $14.84-$14.85 back up at the close today for $14.68. Daninfw
  • S
    Susan
    Susan
    If we are to go off the RSI then you could argue that a pull back next day or so could occur on GTN before rallying up. Ive been struggling with this stock lately. Some of my other trades have been from awe.some.stocks which are working out pretty well.
  • d
    daninfw04
    daninfw04
    Not sure what to make out of this but it appears that GTN canceled their presentation today at the Goldman Sachs Conference. It was still showing as of yesterday and yanked this morning........could be something is up and there are rumors and they don't want to answer questions. Could be nothing but this is highly unusual. DaninFW
  • d
    daninfw04
    daninfw04
    I just have to take a moment to talk about our resident board lunatic, bostonsonics. For those of you that read stocktwits he's at it again. I posted on EVC board I had sold about 2/3 of my position to take $160K in profits and still have under 100,000 shares with another $80K+/- in profit. I see just a 10% upside on EVC and still a PT of $7. Never said I would hold and sell at $7. I think GTN will go to $18-20+ next 6-12 months but will probably sell before that if better opportunity comes along. I see 30-50% upside in TGNA, SBGI and GTN next 3-12 months.
    Just for fun I must point out that boston told everyone here 12 days ago to sell GTN at $11.75 and has told everyone on stocktwits to short on every pop which has been 4-5 pops. Anyone that sold or didn't buy lost 19.57% in 12 days. If they shorted they got crucified. This is like 5-7 wrong calls in 12 days. He also said EVC was going to $3 when I said to buy at $5.50 in last few weeks and it's now $6.30. About a dozen wrong calls and not one right call last 2 weeks. He's back to being wrong 98% of the time. Just love it. DaninFW
  • d
    daninfw04
    daninfw04
    Just talked to a contact at Goldman Sachs and confirmed the GTN presentation was actually canceled by GTN almost two months ago due to a conflict of schedules. A secretary at GTN failed to pull it from their event page. You can listen to the other two presentations done about two weeks before on the GTN page. DaninFW
  • d
    daninfw04
    daninfw04
    I was looking at how much down the sector was from their 52 week highs. I did not calculate TRCO for obvious reasons.
    SSP down 24.3%
    EVC down 20.0%
    SBGI down 19.16%
    NXST down 15.83%
    MDP down 11.09%
    TGNA down 10.60%
    GTN down 8.09%

    Sector continues to show weakness today. EVC we understand why down the most except for SSP which SSP surprises me. SBGI and NXST make sense as they are perceived as buyers not sellers. We know MDP is for sale. Articles came out when the groups filed with the appeals court to block the UHF discount and TGNA and GTN got hit the hardest at the time. To me it looks like everyone is betting GTN is going to get taken out. Otherwise, GTN has outperformed the entire sector. Thoughts? DaninFW
  • Y
    Yahoo Finance Insights
    Yahoo Finance Insights
    GTN is down -4.93% to 13.50
  • d
    daninfw04
    daninfw04

    Investors are afraid of cord cutting yet it will help add over $700 million in retran revenue in next 6 years:
    http://www.tvnewscheck.com/article/104970/smp-global-solid-retrans-rev-through-23
    Investors fear what they don't understand. Smart money is loading up and taking out the weak hands.

    SMP Global: Solid Retrans Rev Through '23 | TVNewsCheck.com
    They are predicted to climb to $12.8 billion, boosted by growing contributions from virtual MVPDs like DirecTV Now and Playstation Vue.
    www.tvnewscheck.com
  • d
    daninfw04
    daninfw04

    Article today says that local broadcasters pipe can be used to deliver VOD to consumers when ATSC 3.0 is implemented. That simply means you can now watch the latest video release and pay your local broadcasters instead of someone else. The 3.0 is a game changer. This article goes into detail many of the things local broadcasters will soon be able to do.

    http://www.broadcastingcable.com/news/washington/local-broadcasters-enter-vod-picture/166438

  • d
    daninfw04
    daninfw04
    GTN does another presentation this coming Monday the 19th at the Goldman Sachs Conference. Possibly another lift like we did from the last two last week. DaninFW
  • d
    daninfw04
    daninfw04

    Great article from tv & radio Summit yesterday by EVP of GTN:
    http://www.tvnewscheck.com/article/104988/holy-moses-ancient-fcc-regs-arent-sacred