I haven't felt concerned since management announced the buyback. Even then, I was only concerned because I already have a full position. If I had additional funds to allocate to CCME, I would have welcomed it going lower so I could buy more. Long term.....I am very confident about where CCME is going.
Management stepping up to the plate was clearly the turning point for the short term trading pattern, for sure. Personally, I'm just savoring the flavor of the shorts roasting. There were millions of shares shorted in the low $9s and high $8s. Someone is in the process of loosing their ass cheeks. I won't be losing any sleep over it :)