Clear Channel Outdoor Holdings, Inc. (NYSE:CCO)
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The Company provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes, spectaculars, neons and mall displays.
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Lots of investors are stupid, so with CCU getting the go ahead protection for a buyout, look for CCO to jump along with it. Outdoor marketing isn't leaving anytime soon either.
"Lots of investors are stupid" And some are not.
A large percent of outdoor advertising, although fairly economical is in discretionary products. I realize you wrote your pitch over a year ago, before auto sales, (a large percent of billboards), crashed, but overall, I'd suggest that you reconsider classifying investors who disagree with you as "stupid"....... MR. MARKET, right or "wrong" rules......