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MEDIA is HOT... (do I have to keep repeating this)...



March 01, 2010 – Comments (6) | RELATED TICKERS: ETM , SSP , BLC.DL

Before I hit you with some numbers, let me first say this is not one of my "Look at me" posts.

I just want us all to finally agree on the fact that MEDIA STOCKS ARE HOT.

So here it goes:

Just today,

ETM is up 15.1%

SSP is up 11.8%

BLC is up 7.3%

CMLS is up 5.9%

SALM is up 4.9%

GCI is up 4.6%

JRN is up 4.3%

MEG is up 4.3%

MNI is up 3.9%

All of these stocks come from the list of 14 media stocks I made back in October of 2009 in this post here:.

Since Oct. 6, the date of that post,

MNI is up 77%, SALM is up 60%, ETM is up 60%, SBGI is up 41%, LEE is up 28%, BLC is up 38%, SBSA is up 31%, ... 

The whole portfolio of these stocks (if same amount money invested in each stock from the list) is up 22.4%, while S&P 500's return during the same time frame is 4.2%.

Is that HOT or what?

Disclaimer: Past performance is not indicative of future results. Sometimes. 

6 Comments – Post Your Own

#1) On March 01, 2010 at 4:24 PM, miteycasey (28.87) wrote:

When ar ethey going to cool down?

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#2) On March 01, 2010 at 5:54 PM, dare1182 (29.06) wrote:

what about GTN? that was your top pick in october..and look where its at now

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#3) On March 01, 2010 at 6:58 PM, dragonLZ (88.60) wrote:

dare, GTN is one of my bad calls. Actually, I consider it my worst call. It's down 21% since Oct. 6, and I thought it's gonna be 200% up by now (being amedia stock). A bad, bad call. I'm embarassed, what else can I say... 

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#4) On March 01, 2010 at 9:12 PM, dragonLZ (88.60) wrote:

mitey, they'll cool down when the next bear market starts, I guess...

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#5) On March 02, 2010 at 4:12 PM, dragonLZ (88.60) wrote:

dare, funny you brought up GTN just yesterday, and already today, it was up 12%...

Tricky stock, very tricky...

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#6) On March 03, 2010 at 10:37 PM, dare1182 (29.06) wrote:

haha yea i know , watch now its gonna run to $3

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