+ Watch ROIAK
on My Watchlist
The Company acquires, operates and maintains radio broadcasting stations and other media properties.
Exiting stock. Expect to sell most of them at 4$. Right now its 50% below SP and 75% below it's all time high in the last 52 weeks. Trading at 7$ dollars before the 08 crisis, and growing steadily since july 2010. The stock got a ratio of 3 to 0 on wall street being bullish on the stock. A lot of positive signs. On the bearish side and negative side. There is not much focus on ROAIK, which clearly shows on the lack of analyst that are analyzing the stock, and it's also difficult to find how much ROAIK commercial earnings, is giving on the bottom line.I am sticking with this one, for approximately half a year, expecting it to have a large growth.
Radio stock... BARF! If SIRI has taught us anything, it's that there's no money to be made long term on radio-related stock. Look at Radio One - they've bounced between .60 and 5.44 in a years time. The only consistency I see here is that they'll SUCK. Stock may make small price gains, but they're not going to beat the S&P in my opinion.
Just a risky chart play. The company is junk but the bounce may be some fun for technical traders.
VALUE LINES - WORST PERFORMING STOCKS 13 WEEKS
1. Over the past couple years cash flow production has really fallen off as well as net income. Fiscal 2006 cash flow: $77.54 million. TTM Cash flow: $60.76 million. Fiscal 2006 EPS: $0.24. TTM EPS: $0.16. 2. Company has a ridiculous $937.5 million in debt with only $25.98 million in cash. How are they going to pay this mountain of debt off if the business isn't producing? 3. One has to question if a radio business has much of an opportunity long-term to expand. With satellite radio working its way up, the long-term outlook for the radio industry doesn't look too rosy.
V.L. says if they get it together it could be $40 stock.
Insanely cheap based on a market overreaction to one bad quarter.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions