Stock Newsletter : Radio Stocks Edged Higher (ETM, SIRI, EMMS, CMLS)
Radio Stocks on Thursday.
(EMAILWIRE.COM, September 03, 2010 )
Dallas, Tx - Entercom Communications Corp. (NYSE:ETM) surged 13.34% to close at $6.71 after on reports that the Chairman purchased stock in the company.
According to a report from TheStreet.com, Chairman Joseph M. Field bought 134,6000 shares for a total price of $767,534 - $5.70 a share.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats.
Emmis Communications Corporation (NASDAQ:EMMS) also rose 6% to $1.60 on heavy volume. The stock moved in an intraday range of $1.50-$1.63. So far this year, the stock has jumped over 46%.
The company has Price/Sales ratio of 0.25. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $1.97 and $1.83 respectively.
Emmis Communications Corporation is a diversified media company, principally focused on radio broadcasting. It owns and operates seven fort minor (FM) radio stations serving New York, Los Angeles and Chicago, and one of the FM radio.
Sirius XM Radio Inc. (NASDAQ:SIRI) shares jumped 0.60% to $0.993 and made an intraday high of $1 and low of $0.98. Over the past couple of months, the stock has been moving within a narrow range of $0.95-$1.02.
The stock currently looks bullish and we may see strong upside in the stock once we crosses its recent resistance of $1.02-$1.05. Volumes have been increasing over the past couple of sessions.
Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
Cumulus Media Inc. (NASDAQ:CMLS) surged 9.21% to $2.49. The stock moved in an intraday range of $2.28-$2.64. So far this year, the stock has jumped over 11%.
The company has Price/Sales ratio of 0.40. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $2.59 and $3.46 respectively.
Cumulus Media Inc. (Cumulus) is a radio broadcasting company focused on acquiring, operating and developing commercial radio stations. The Company owns and operates frequency modulation (FM) and amplitude modulation (AM) radio station clusters serving mid-sized markets throughout the United States.
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The assembled information disseminated by PennyStockPickAlert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. PennyStockPickAlert.com does expect that investors will buy and sell securities based on information assembled and presented in PennyStockPickAlert.com. PLEASE always do your own due diligence, and consult your financial advisor.
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Dallas, Tx - Entercom Communications Corp. (NYSE:ETM) surged 13.34% to close at $6.71 after on reports that the Chairman purchased stock in the company.
According to a report from TheStreet.com, Chairman Joseph M. Field bought 134,6000 shares for a total price of $767,534 - $5.70 a share.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats.
Emmis Communications Corporation (NASDAQ:EMMS) also rose 6% to $1.60 on heavy volume. The stock moved in an intraday range of $1.50-$1.63. So far this year, the stock has jumped over 46%.
The company has Price/Sales ratio of 0.25. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $1.97 and $1.83 respectively.
Emmis Communications Corporation is a diversified media company, principally focused on radio broadcasting. It owns and operates seven fort minor (FM) radio stations serving New York, Los Angeles and Chicago, and one of the FM radio.
Sirius XM Radio Inc. (NASDAQ:SIRI) shares jumped 0.60% to $0.993 and made an intraday high of $1 and low of $0.98. Over the past couple of months, the stock has been moving within a narrow range of $0.95-$1.02.
The stock currently looks bullish and we may see strong upside in the stock once we crosses its recent resistance of $1.02-$1.05. Volumes have been increasing over the past couple of sessions.
Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
Cumulus Media Inc. (NASDAQ:CMLS) surged 9.21% to $2.49. The stock moved in an intraday range of $2.28-$2.64. So far this year, the stock has jumped over 11%.
The company has Price/Sales ratio of 0.40. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $2.59 and $3.46 respectively.
Cumulus Media Inc. (Cumulus) is a radio broadcasting company focused on acquiring, operating and developing commercial radio stations. The Company owns and operates frequency modulation (FM) and amplitude modulation (AM) radio station clusters serving mid-sized markets throughout the United States.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert offers free Stock Newsletter on various hot stocks of the day. Our stock news on top stocks, small cap penny stocks and other stocks, help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily penny stock alerts. You can become leader in stock market by keeping track of the daily activity.
Disclaimer:
The assembled information disseminated by PennyStockPickAlert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. PennyStockPickAlert.com does expect that investors will buy and sell securities based on information assembled and presented in PennyStockPickAlert.com. PLEASE always do your own due diligence, and consult your financial advisor.
###
Press release distribution and press release services by EmailWire.Com:
http://www.emailwire.com/press_release_distribution_lists.php .
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PennyStockPickAlert.com
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This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
PennyStockPickAlert.com
Robert Wilson
Tel: 214-556-6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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