Well but CKGT had a catalyst for being weak lately. They had horrible earnings in Q1. After that the stock crashed and it wasn't a surprise to me. That said if CCME earnings come in as expected I would guess we should be north of 12 but the question is how low do we go before the earnings come out?
We have only traded 124k shares today on major volatility.
Shorts have a problem on their hands. They have been unable to shake out enough shares to cover. A PR from Jacky or a third party report could ignite a "short roast" at any time.
Get your marshmallows and sticks ready. It may take a while longer, but it is coming.