While it is important to speak about the facts, we all know the story of CCME. Great fundamentals, piles of cash, great growth story, exclusive contracts, etc., however you can talk about these things until you are blue in the face. At the end of the day we are dealing with human nature and with people, and with people perception becomes reality. Shorts are controlling the perception battle and that is why the PPS continues its way to new lows.
I keep seeing posts to the tune of "Management is doing a great job and they shouldn't have to worry about proving they are real." It is like people don't know that we are in the middle of a battle and are getting our asses handed to us. I will say that if management adopts that same philosophy we will surely see $6 or lower. I'm hopeful that they are working behind the scenes on something, but patience is wearing thin.
