CTC Media, Inc. (CTCM)
The Company operates the CTC Network, a Russian television network offering entertainment programming targeted principally at 6-54 year-old viewers, and the Domashny, Network, a Russian television network targeted principally at 25-60 year-old women.
Recs
There is less momentum, less volume, and less buying going on. We are in the last part of this rally.
Recs
The 1929-1930 equity rally (coming out of The Great Depression) lasted 147 days and the market was up 46%. It has been the same amount of time since the March, 2009 low and we are up about the same percentage. It’s déjà vu (paramnesia), so prepare for a drop of about the same percentage (85%).
Recs
A Russian media company? Not only is Russia hostile to capitalism (rewriting contracts whenever it sees fit, seizing property, and the like), Russia as anti-free media. The political system in Russai shuns free expression and imprisons anyone who speaks out against the government.
Sounds like a great recipie to lose everything.
Recs
The articles in The Motley Fool and other recent articles in finance.yahoo cite large advertising spending growth in Russia when that is certainly not the case on the ground in Russia today - television ad spending at best from local estimates points to -10% to at worst -40% so this is not a Kremlin political risk issue on the stock but one of a plain and simple perfect strom - the withdrawl of liquidity from emerging markets in general and Russia in particular, as well the fact that many recommendations on this stock seem clueless with respect to the real advertising situation in Russia
Recs
A shareholder unfriendly company from a company unfriendly country. Recipe for disaster. A friend who go tin trouble with the law in Russia once, told me that the way they start court proceedings is with the lawyers on both sides and the judge toasting with a shot of vodka. They didn't even invite him to participate! Yeah, Russia's where I want to put my money. Nyet!

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