Belo Corp. (BLC)
A Media company with a diversified group of television broadcasting, newspaper publishing, cable news and interactive media operations.
Recs
They have it all!!! Who doesn't watch TV now-a days? Sad to say buy the Zomby Nation is not gonna change!!
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Hedge 4 market falls from bad earnings season. It will likely drop back under $1 in the event of. I think it'll underperform at some point either way because of the debt levels.
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BLC has spun-off its unprofitable newspaper publishing last year. BLC is an undervalued BUY at the current price per share for its TV stations and cable assets.
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I bought this stock today at $1.25 and I believe it will go to $3.00 by the end of summer. I am basing my rationale on the fact that its television holdings will pull it out of the newspaper sector's down-hold.
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worst 30days caps
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BLC is undervalued currently and currently has a dividend yield of 2.7%. I believe that a historical view shows that BLC is undervalued and will show a positive run during the next two to four years.
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well positioned to gain from mid-term elections
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Latest financials will prove a false bottom

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