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Yes, MEDIA IS still HOT...

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October 19, 2009 – Comments (10) | RELATED TICKERS: SBSA , GCI , GTN

Just today (as of 12:15 PM):

SBSA up 18.5%

MNI up 7.7%

GCI up 7.4%

SSP up 7.2%

SBGI up 6.7%

...

 

Since 10/6/09, when I told you for the first time MEDIA IS HOT (in this post here):

SBSA up 75%

EMMS up 62%

SBGI up 42%

ETM up 29%

GTN up 24%

MNI up 23%

LEE up 20%

...

Please keep in mind, 10/6/09 was only 10 tradings days ago...

10 Comments – Post Your Own

#1) On October 19, 2009 at 12:30 PM, dragonLZ (99.40) wrote:

Disclaimer: I own GCI, GTN, MNI, and LEE.

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#2) On October 19, 2009 at 3:35 PM, jason2713 (< 20) wrote:

Good calls, I wanted to go into CMLS when it hit 2.64 and I should have...it rocketed back up to 2.84 within minutes.  Damn!

 

GTN treating me just fine.  Took a 5% hit today, which doesn't make much sense since the market went nuts, but who knows.  lol

Good luck to all.

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#3) On October 20, 2009 at 1:21 AM, streetflame (30.07) wrote:

"Took a 5% hit today, which doesn't make much sense since the market went nuts, but who knows."

It makes sense when you realize they will probably be bankrupt within 5 years and shareholders will be left with nothing.

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#4) On October 20, 2009 at 6:31 AM, dragonLZ (99.40) wrote:

jason, It does make sense because GTN had a 20%-one-day jump just two days ago. Did the market jump 20% two days ago? No, it didn't.

Also, GTN's three month's return is 600%. Was the market up 600% during the last 3 months? (hint: You can't compare apples and oranges...)

p.s. On the other hand, while the market was up 100 points yesterday, streetflame's portfolio was down 70 points. Does that mean streetflame is gonna be bankrupt within 5 years? I wouldn't bet against it... :)

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#5) On October 20, 2009 at 9:08 AM, jason2713 (< 20) wrote:

Yea true true, GTN I think is a good pick, I want some CMLS also.

Just seems GTN pops on random days like you said, market didnt go 20%, but if you look at the market level, they should be around $3 right now, keeping everything equal.  When the DOW was at 9800ish, it was around $3.  No reason for it not to be there.  I have a feeling it will go there and beyond in the near future. 

I'm eyeing SAH, SRZ, SALM, and CNO.

 

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#6) On October 20, 2009 at 10:37 AM, jason2713 (< 20) wrote:

Went into BRCD and CMLS today. 

LETS GO GTN!!  IM ROOTING FOR YOU TO GET TO THE $3 MARK!! UUUUU CAAAAAN DOOOO IIIIT!!

Wish me luck!

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#7) On October 20, 2009 at 12:31 PM, dragonLZ (99.40) wrote:

Good Luck, Jason!

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#8) On October 20, 2009 at 12:54 PM, streetflame (30.07) wrote:

"Does that mean streetflame is gonna be bankrupt within 5 years?"

My CAPS portfolio (up 210 pts today) is not a true indication of my real life portfolio.  In real life I'm up 15% over the last week (my best week ever).  But I am preparing for the correction which is coming.

By the way guys, SAH is probably going bankrupt in the next 5 years as well.

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#9) On October 20, 2009 at 1:17 PM, dragonLZ (99.40) wrote:

Great Job, street!

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#10) On October 27, 2009 at 10:36 AM, jason2713 (< 20) wrote:

So whoever said to sell GTN if it went below $2.50/sh should have listen....I'm not back to square one :(

 

Oh well...the market as a whole is going down down down!

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