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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Rawnoc who wrote (35436)9/24/2009 2:48:34 PM
From: MCsweet  Read Replies (1) | Respond to of 78717
 
ROIAK,

Thank you for posting this. Interesting stock, but I don't know yet about being a no-brainer. I have only met a handful of stocks in my career I'd classify as no-brainer.

Like other radio plays, a couple of which have gone bankrupt, it has negative tangible book value. If market worsens some of the intangible book value could get written off. Also, the company has a lot of debt.

The company received a comment letter from the SEC. Not sure what it is, but they are delaying the annual meeting. They also said operating conditions would be challenging the rest of the year.

It seems high potential reward, but a decent amount of risk.

MC



To: Rawnoc who wrote (35436)9/28/2009 12:06:05 PM
From: Rawnoc  Read Replies (1) | Respond to of 78717
 
ROIAK up $0.07 to $0.92. Weeeeeeeeeeeeeeeeeeeeeeeeeeeeee!!!!!



To: Rawnoc who wrote (35436)10/1/2009 10:33:52 AM
From: Rawnoc  Read Replies (1) | Respond to of 78717
 
ROIAK printing fresh, 52 week highs as I type, weeeeeeeeeeeee!!!!!!!!!!!!!!!!!!