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


To: Sean Collett who wrote (75056)2/6/2024 9:19:32 AM
From: E_K_S  Read Replies (2) | Respond to of 78748
 
Re: GTN

What's your exit price based on a 'fair' value price given higher interest expense? I have been scaling out of my position at/above $9.50/share. Not sure I want to own this after the election as those ad revenues will be lower.

The long term positive for GTN is/are their regional sports channels which could be a huge revenue grower if they can transition to streaming. Based on this, I may actually add more shares if this may/could sell off on this refinancing news.

I have my average cost at $6.85/share w/ two buys 5/2023 & 6/2023. All s/t term gains which I would like to hold to move these to L/T capital gains.