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derek2000

11/08/10 11:24 AM

#57439 RE: joenatural #57434

CCME - Joe, even if the EPS drops a little at 4Q, which would not happen, CCME is still a very under valued stocks from every fundamental indicators. There are plenty of room for PPS to go upward.

The short can shout whatever they want but nobody is listening to them any more. Just look all the stocks shorts attacked lately, they did not make money in any of them.

"... if I were a short deep in the hole, I'd be screaming at the top of my lungs... "

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Traderfan

11/08/10 11:35 AM

#57445 RE: joenatural #57434

CCME, Joe don't forget we had the exact same discussion during the CC after Q2 when they had that 82-85 million guidance put out. Since they already did more than 46 million in net income for the first half and several callers in the CC asked Jacky whether that guidance implies that the second half of the year will be less good than the first half all the while Q4 is always the best quarter and Jacky answered the same like he did today. The guidance is just conservative. It's ridiculous to assume there is a chance that they do only 24 million in net income in Q4. The ad market is the strongest in Q4, always been. Not sure whether they will do a lot more than 30 million but 24? No way.