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


To: Rawnoc who wrote (35468)9/27/2009 2:59:38 PM
From: Arthur Radley  Read Replies (1) | Respond to of 78752
 
Raw,
You aren't being serious when you call this company a 'value' play? You cite info from Neilsen that is nearly 7 mos. outdated, when you should be looking the latest data they offer(9-01-09).....where they tell you that radio ads were down 10% in the first half of '09. When you consider the further decline in the economy since and then the market place where this company gets(dropping like a rock in their latest Q report) their ad revenue....ain't a pretty picture. Then consider that they had to delay their planned annual meeting because the SEC apparently found bad information in their filing.........do you know what waving a red flag means? Also, you might note that last year they gave Q CC to update shareholders.........now they will do it annually! RED FLAG...!!!!! RED FLAG!!!! if a company expects to have positive info.......they would jump at the chance to tell their story in an open forum....any Q...not once a year! They have to issue Q SEC filings, but CCs give investors to chance to ask Qs in an open format.......and again it appears that what the company filed with the SEC.........has a bad aroma to the smell test!