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

To: E_K_S who wrote (75191)	3/5/2024 10:45:03 PM
From: Sean Collett	Read Replies (1) \| Respond to of 78766

RE: GTN I picked shares back up after I moved out of the position on the decline so am back in now that pricing looks to have leveled off. My cost basis is $5.68/s at the moment but did take a hit when I exited initially - wasn't sure how far down Mr. Market was going to take this and felt it was safer to move out of the way until I felt pricing leveled. That said this seems like a good deal right now <$6.00/s as Mr. Market takes them to a 52-week low range. And in more sports news GTN is bringing more NBA games back to broadcast this time with the Cleveland Cavaliers for a five game deal. Gray Television Partners with Broadcasters to Bring Cleveland Cavaliers Games Back to Free Over-The-Air Television Across Ohio That retransmission revenue potential looks greater every time they do this. They also picked up some Milwaukee Bucks games in a central Wisconsin too. Given how the Suns games are performing I think this could turn into a decent long-term deal for these other teams in which Gray will benefit from the retrans revenue. -Sean