Hispanic-controlled radio broadcasting Company in the United States which currently owns and operates 20 radio stations in six of the top-ten Hispanic markets, including Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
may run a bit higher in the next couple days. but by mid-way thru may it will be way lower than it is now.
I have a Latino based business. Profits are finally up for me some 300% this month after losing customers for the last 2 years. I'm betting big on this stock. I have a few friends in Radio too, and they are busy with work. I also rent rooms to a few Latinos and they all found work this month. It's the first time they've all been employed at the same time since they first moved in years ago.
A few months before the crash, at least 75% of the immigrant laborers went home because there were no jobs. Latino based businesses had to cut back as much as possible to save money just to stay in business. Now these business have been streamlined to save as much money as possible and have squeezed out only very minor losses in a downed market. Even a small return of customers will now result in profits because they have drastically reduced overhead. SBSA is the perfect example of this because they reduced their expenses by millions of dollars.
These savings have almost brought them to a break even point. The small influx of Latinos finally returning to the market today after years of being away should be more than enough to finally push them into green just as the other businesses in my area, inside and outside of this sector, have also returned to profits.
I'm aiming for $1.25.