Equity Field Notes from temporal sources

[DanWebzster]

ETM is a large old media company attempting to adapt to a post plandemic world, in part by placing greater focus on podcasting.

ETM is now the second largest producer of podcasts.

Before Covid, 2020 was tracking with expectations of a typically prosperous election year.

Since 3/20, sales have dropped 20 - 25 %.

Reasons for optimism for partial recovery:

1) Sales have improved marginally from April lows
2) Sales drop forced cost cutting that will likely carry forward
3) Podcasting revenues grew 44% in Q2
4) Political advertising is very likely to pick up until the
election.

Stock price has dropped 60% since 2/20 and did not recover significantly during the liquidity-fueled market rally. Some recovery seems likely before the election.

OTOH:
1) The risk of a goodwill write-down is present.
2) Plandemic revolver drawdown syndrome. Banks win by old line
enterprise losing


https://videa.hu/videok/zene/mr.bond-whered-you-go-hitler-zene-RvKa7ySEZn1xwJ2x