Monday, October 27, 2008

 

How's that stock price...?

Locally, people have been joking about Entercom's stock, as they seem toi be one of the best examples of under performing radio stock.

But take a look at how some others have done in the past 5 years.

(Most of the decline comes before this last 60 days. September and October just put the period at the end of a long sentence.)

Radio is now a "penny stock" in some cases.

Take a look at some of the most stunning examples.

(I assume the CBS is radio AND TV..so they seemed to have fared a little better than the radio-only companies.)



Sirius XM













Entercom













CBS













Citadel Broadcasting













Regent Communications













Radio One













Westwood One

Comments:
I cant imagine any investor sees radio as having a bright future...so they stock price suffers.

and since the stock price suffers...no one thinks radio has a future.

it's an endless cycle
 
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