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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (35461)9/26/2009 6:28:27 PM
From: Rawnoc  Read Replies (2) of 78748
 
Revenues were down simply because advertising rates for multiple reasons including this not being an election year which is the highest driving force of revenues. If you think there will be any sort of economic recovery AND another election, advertising rates will drive higher revenues and net income for ROIAK IMO. I don't think radios are a dying business as long as people have cars they'll be listening to radios.

Not that any of this matters....I know ROAIK will be a multi-bagger for 2 reasons.

(1) In this off period for advertising, ROIAK managed to squeeze out +.12/share EPS last Q for an annualized PE of less than 2. Listed penny stocks showing even remote chances of survival have been going absolutely nuts and running. With ROIAK making big bucks now I'm confident it will continue to explode.

(2) The buyback is just insane. No matter what the operations are doing, they company is in the middle of buying back itself. 40% of the outstanding shares have been bought back already in the last year. You can analyze EBITA until you're blue in the face -- it doesn't matter if the company buys the entire float the stock will continue to explode. I don't know of any other "healthy" businesses with such a monster stock buyback all in the open market.
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