Hahaha.... i know the pros and cons. But its likely being driven down by a big seller IMO and it isnt showing any real strength right now. The upgrades it plans on ...around $50 million should eat up ALL thier cash flow for all of 2010.The new competition is well funded and should cut into thier profits. That being said CCME looks like its growing like a weed and i expect some upgrades to revenues as well as some huge aquisitions.I think you can get in cheaper than it is now.I never said it was going to fall bigtime. I do feel it will trend lower for an indeterminate amount of time.When it falls to my price target I will add to my position but not before.I am usually correct and I manage to get in fairly cheaply compared to many others. Best of luck to you here. Long term this will do fine but I think short term you can get in for a better price.
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