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Media, oh Media, what's gotten into you...?

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April 14, 2010 – Comments (5) | RELATED TICKERS: MNI , ETM , GTN

Just yesterday I said I won't be reporting on media stocks any more as these daily jumps of 4-5% have gotten really boring.

However, I just have to do it again because Media outdid itself today:

Portfolio of the 14 media stocks (which you can see here) is up 6.6% today. Six point six percent. IN A DAY. Portfolio of FOURTEEN STOCKS. Can you believe it?

Let's take a look at today's biggest winners from this portfolio:

ETM up 13%

GTN up 12%

SBSA up 12%

SBGI up 7%

EMMS up 7%

BLC up 6%

CMLS up 6%

MNI up 5%

SALM up 5%

JRN up 5%

LEE up 3%

MEG up 2%

SSP up 1%

GCI up 1%

 

OK, let's now take a look at today's losers:

THERE are NONE. Yes, no losers today.If you take a look at the list above one more time, you'll see there are all 14 of them.

Let's now take a look at the returns of all of these 14 media stocks since the initial Huge Bull Market in Media Stocks post from Oct. of 2009:

MNI +110%

ETM +107%

EMMS +90%

SBSA +87%

SBGI +82%

CMLS +67%

GTN +62%

SALM +56%

BLC +55%

GCI +32%

SSP +32%

LEE +12%

JRN +10%

MEG +10%

That's all 14 of them. No losers again. Since the initial post from October of 2009, this portfolio is up 57.96% (if same amount of money invested in each stock). Not too shabby, don't you think? I told you, media is place to be...

Good Luck, Fools :)

5 Comments – Post Your Own

#1) On April 14, 2010 at 4:33 PM, TMFUltraLong (99.95) wrote:

And 4 of the top 6 gainers since October 2009 have NEGATIVE shareholder equity... not a sector I'd EVER want to be in.

UltraLong

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#2) On April 14, 2010 at 4:37 PM, dare1182 (< 20) wrote:

but GTN went down to as low as $.54 before it got where it is today : )

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#3) On April 14, 2010 at 4:57 PM, dragonLZ (99.44) wrote:

UL, if investig was so easy, all of us would be rich... (think about it)...

p.s.I would at least say Good Call... :)

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#4) On April 14, 2010 at 5:05 PM, dragonLZ (99.44) wrote:

dare, yes it did. Hopefully both you and I learned something from it.

p.s. This is what I said about GTN a month ago in this post:

#13) On March 08, 2010 at 4:12 PM, dragonLZ (99.72) wrote:

GTN is $2.04 today, and I know I'm not supposed to gamble on GTN any more.

However, I just have to say that it looks to me like GTN might be a $3 stock soon.

 

Today, GTN is at $3.50.

Not my worst call, don't you think?

Good Luck!

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#5) On April 14, 2010 at 5:10 PM, dare1182 (< 20) wrote:

No not bad at all..I like.

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