SwingTrade Member Forum

[Rawnoc]

ROIAK updated thoughts as of 11/25/09

ROIAK ROUND 2 = Fist-Pounding No-Brainer over the next several months/quarters IMO

Earned +.22 EPS last Q (plus a +.03 one-time gain) which around DOUBLE the EPS of the sequential quarter just prior! Annualized = +.88 -- trades right now with an annualized PE of less than 3! Book value close to $5/share. Seems like the stock should be trading at $5-7 right now. With any improvement in the economy and the ad rates for radio, ROIAK could end up becoming a cash-making machine in 2010. Also they are consistently paying down large portions of their debt which will continue to reduce interest expense and add directly to the bottom line.