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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (75699)	5/24/2024 9:32:43 AM
From: Sean Collett	Read Replies (1) of 78777

Fair point. Given the selloff though I am not sure that is why it's being held still? Even with the debt, both E_K_S and I have them valued higher than the $5.69 they are at. Also while retail investors may buy on this thesis I am not sure the bigger guys are doing the same. The debt situation is becoming a bigger problem in my eyes though and especially with the 10.5% refi. I am thinking this Meredith purchase will hurt them more than it will gain them but time will tell there. One thing that has popped into my mind a few times recently is how quiet the political sphere is right now. We're not seeing much talk of debates and I don't see too many ads currently (still early). From a pure investor view, it is possible we get disappointment here just on how this election season is stacking up - possible they just don't spend the way they have given the two candidates. Given the above I completely understand your decision to "cut the cord" on this broadcaster, Paul. -Sean

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