Audacy Stock today

[Tibbs4]

Kelly. NO. I stated elsewhere that I screwed that comment up. Not my first or last time doing that. I believe profits are not bad or evil at all.

 

[cc333]

@Kelly A , @Tibbs4 I agree that the simple act of making money in exchange for products or services is fine, but I also believe that corporations (and individuals) who deceitfully exploit people to greedily make money for the sake of it without any benefit to anyone but themselves is, at best, ethically very questionable.

c

 

[Kelly A]

I agree that the simple act of making money in exchange for products or services is fine, but I also believe that corporations (and individuals) who deceitfully exploit people to greedily make money for the sake of it without any benefit to anyone but themselves is, at best, ethically very questionable.

Okay fair enough. In our discussions involving radio, can you give an example or examples of what you would consider greed?
Several posters on this forum like to assign that label to larger radio groups, so was wondering where your threshold was, and if you had examples therein.

 

[cc333]

can you give an example or examples of what you would consider greed?

I'm afraid I don't have any specific examples to offer at the moment, so I'll have to think about it. I'm sure it won't be hard to find some.

c

 

[TheBigA]

Radio Ink reports that there were no bids on the Radio.com domain name:

Audacy's Radio.com Auction Flops - Now What? - Radio Ink

Audacy's $2.5 million auction for the domain name "Radio.com" through GoDaddy expired without a bid on Tuesday.

radioink.com

The auction has now been extended to June.

 

[Tibbs4]

$2.5M for radio.com is a good sign of greed. . Actually, this is very interesting. Not to bring up liquor again, but liquor.com would bring a fortune still. BigA, you know everything. Whats greed? Hehe.

 

[TheBigA]

$2.5M for radio.com is a good sign of greed. . Actually, this is very interesting. Not to bring up liquor again, but liquor.com would bring a fortune still. BigA, you know everything. Whats greed? Hehe.

I suspect you could buy liquor.com for less than $1 million. I think the minimum bid for radio.com is simply to test the market.

Liquor.shop is available for $14,000.

 

[Mikey Radio]

I'm pretty sure Audacy knows a reverse split is a short term solution. It will need to be combined with other things such as asset sales and other changes in their financials to make a difference. They addressed that during the investor call.

Bed Bath and Beyond also suggested doing a reverse split a few days ago. First, it caused their stock price to tank, but also, as everyone knows, BB&B has been on life support for a number of years, closing a number of their stores every several months.