Idle Media Inc (IDLM)

[wadirum1]

IDLM is in purgatory, awaiting a decision on whether CEO Frasier is going to drag us down or whether he lets us fly free.

There's always a chance that Frasier figures out how to become at least a mediocre CEO. I mean, anything is possible. If Frasier can attain mediocrity, shares bought here yield huge returns, and I'll gladly eat my words.

But most folks are betting that Frasier can't manage to get his act together. So, most of the betting here is on when and if he sells the company or at least his stake in it.

Could take a while for anything to happen. Or perhaps the recent 8-K was just the first of many announcements. IDLM is a very tough company to understand or predict, because the CEO is just so utterly dysfunctional -- and yet the main asset, Datpiff, is worth FAR more than the current market cap.

Wadi