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Re: Nigel9527 post# 9115

Wednesday, 01/05/2011 12:21:27 PM

Wednesday, January 05, 2011 12:21:27 PM

Post# of 34471
Yes, I do still think it is possible that it can trade above $18 on Friday, but it isn't going to ruin my mood if it doesn't since I am going to hold it longer than this week. My point is that you speak in absolutes and as if it is barbaric to speculate that it could substantially appreciate before the 10k, yet history has shown us that there is a stronger likelihood that it will move on no news as opposed to when there is news. If you recall, the last run up occurred over a span of almost two months, occurred with very little news during that period aside from the buy back, was prior to the 10Q, and it started selling off immediately after the 10Q. So to insinuate, especially with such a matter-of-fact tone, that the only way this stock is going to move is after the 10k press release seems irrational to me.

And since you know exactly how CCME will be traded and treated I assume that you loaded up at $7.58, sold at $22.30 and bought back in again at $14.36, because that is what I would have done if I knew exactly how it would be traded.

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