Thanks for the info boston. I had a buy limit order in place so I was able to get in on the .20's and now basically made a 50% profit in a day. Congratz to you as well for buying in at that price and earning a nice change as well.
Unfortunately I haven't been watching EVC closely because my attention was on another stock that jumped 300% since I bought in about 1-2 weeks ago. I'm expecting it to jump another 300% in a week so I've been watching it very closely everyday and doing as much Due Diligence as I can on the company.
I will definately pay more attention to EVC now with the link you have sent me since it appears EVC is definately starting to pick up the pace. I'm expecting EVC to go up steadily in the upcoming weeks. I definately think hitting .50-.60 is right around the corner so I will also buy as many shares as I can in the lower .30's to try and double my earnings.
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A summary of the current news with credit from Boston to everyone that didn't catch it:
-"Dish Network Corp. and Time Warner Cable Inc. each reached multiyear agreements to deliver Univision Communications Inc.'s Spanish-language programming, a niche that has shown viewer growth in the U.S. despite a broader decline in television viewership. Dish, the nation's second-largest satellite-TV provider behind DirecTV said its agreement on Wednesday would distribute Univision, Telefutura and Galavision to its network customers." April 1, 2009
-"SANTA MONICA, Calif., April 2 /PRNewswire-FirstCall/ -- Entravision Communications Corporation (NYSE: EVC - News) announced today that its Los Angeles based radio stations have generated significant growth among key demographics in 2009." April 2, 2009
-"On March 27, 2009, Entravision Communications Corporation (the "Company") reduced annual base salaries of all employees based on a sliding scale determined by each employee's then current compensation level, including the annual base salaries of the Company's named executive officers ("NEOs"), effective as of April 1, 2009. Such salary reductions may be deemed to constitute amendments to the Company's NEOs' individual employment agreements, even though no amendments to such employment agreements are expected to be drafted and executed. For details regarding such salary reductions, please see Item 5.02 below." April 2, 2009
I definately think EVC will be hitting .50-.60 in the upcoming days/weeks and currently is showing a nice support line.
