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ratobranco

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ratobranco

Re: derek2000 post# 55390

Wednesday, 10/20/2010 10:28:19 PM

Wednesday, October 20, 2010 10:28:19 PM

Post# of 94785
CCME - I agree here as well Derek. I think CCME is a bargain right now. No disputes.

$30 is not as clear to me, though, because I tend to think that earnings will start deteriorating if the government barrier goes away, which it might.

If I had $1.65B, I don't think I would buy CCME in private equity (where I couldn't easily sell it, and couldn't play the trade). I'm not confident I would break even or come out ahead when all is said and done.

Let's put it that way.
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