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Message Boards Settings Cumulus Media Inc. (CMLS) - Quote Info
Re: Earnings      3-Nov-09 10:48 am    
Longtime..

I got some great executions out of Scottrade in selling my 6,000 shares, yes all at $1.97. (Even the shares I put at $1.84 limit on). Didnt do quite as well in my BOA IRA where I had 1,000 shares. (Scottrade gave way better executions).

I sold at a worse price of $1.70 on my son's college account (220 shares).

I checked again. They DID pay down their debt by about $2 Million. But that is not good enough. ROIAK and ETM made debt reductions near $15 to $20 Mil.

The leverage ratio at CMLS was 8.05 at 6/30/09 and now is 8.57.

It is going in the wrong direction.

Debt at the levels that all these company's are at is a ticking bomb. You have to get the debt down before interest rates move up.

That is what ETM and ROIAK are doing.

I did buy some ETM today at $6.57. I have more ROIAK (in dollars) than ETM.

Thanks for your thoughts.

VB
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valubyer

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If I pull out the intangible writeoff and the tax benef...
todos.nombr... Rate it 3-Nov-09 09:17 am  
 
todos, I get: Revenue = 65.1 less Opex 49.1...
fabulouspoo... Rate it 3-Nov-09 10:08 am  
 
I am concerned that they may soon have increa...
valubyer Rate it 3-Nov-09 10:22 am  
 
I don't think you did your homework. I...
longtimefol... (1 Rating) 3-Nov-09 10:27 am  
 
Re: Earnings
valubyer Not rated 3-Nov-09 10:48 am  
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Cumulus Media Inc. (CMLS)

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