Eyedoc, I am not as optimistic as you are, but heck, no, I will not take a $8 per share. If CCME is half as real as they are, they worth more than $20 per share.
One need also consider the fact that if they are only half as real as they are, all the earn-out from 2010 should be taken back and no more such shares for 2011 and 2012. So as retailer investors, we are probably better off if the company has not been doing as good as advertised. Less shares is good for my shares.
For now, we only need the truth and no more. Today's news is a turning point for me personally as it restored my confidence in the management. In the end, we can only be redeemed by the truth.
