I think the crux of the matter is that the level of uncertainty surrounding this space is at an extremely high level. Given the tremnendous difficulty in picking a legitimate company, it's now tantamount to gambling. I personally won't *invest* in any of these names until behaviors change. Until we start seeing legtitmate buy backs, dividends, and buyouts, how can one have any degree of confidence in these names? What separates one name from say CCME? I say that in all seriousness. I could be very wrong, but until we see some fruits actually shared with share holders, I don't see the point. Too much risk for me. JMO.
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