Spanish Broadcasting System Inc. (SBSA)

[greencat]

This one should take off. May be a nice ride. It may gap which I usually play a wiat and see game if that happens. Just made it to the top of my possible buy list.

Spanish Broadcasting System Inc.
2601 South Bayshore Drive
Coconut Grove, FL 33133
United States - Map
Phone: 305-441-6901
Fax: 305-446-5148
Web Site: Spanish Broadcasting System - Welcome, Bienvenidos

DETAILS
Index Membership: N/A
Sector: Services
Industry: Broadcasting - Radio
Full Time Employees: 541


BUSINESS SUMMARY
Spanish Broadcasting System, Inc. operates as a Hispanic-controlled media and entertainment company in the United States. It owns and operates 21 radio stations; and 2 television stations under MegaTV brand name. The company also operates LaMusica.com, Mega.tv, and its radio station Websites, which are Spanish and English Websites that provide content related to Latin music, entertainment, news, and culture. In addition, it produces live concerts and events. The company’s radio station programming formats include Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Spanish Oldies, Top 40, News Talk, and Latin Rhythmic, the Hispanic Urban music format. Its television programming format focuses on entertainment and events, including televised radio-branded shows; and general entertainment programs, such as music, celebrity, debate, interviews, and personality-based shows. The company was founded in 1983 and is headquartered in Coconut Grove, Florida.

SBSA: Profile for Spanish Broadcasting System, In - Yahoo! Finance

Share Statistics
Average Volume (3 month)3: 155,415
Average Volume (10 day)3: 163,100
Shares Outstanding5: 64.90M
Float: N/A
% Held by Insiders1: 7.99%
% Held by Institutions1: 34.30%
Shares Short (as of 28-Jul-09)3: 49.73K
Short Ratio (as of 28-Jul-09)3: 0.7
Short % of Float (as of 28-Jul-09)3: 0.10%
Shares Short (prior month)3: 73.79K

[greencat]

Trying to make another move...

SBSA Chart

[greencat]

SBSA- Chart is live- Sweet move today

Originally Posted by greencat

Trying to make another move...

SBSA Chart

[lovemoney]

Originally Posted by greencat

SBSA- Chart is live- Sweet move today

And another one today. Looks like it wants to break out again. See if it takes out the previous high.

[greencat]

Originally Posted by lovemoney

And another one today. Looks like it wants to break out again. See if it takes out the previous high.

Thats a pretty sweet move...

[/

[greencat]

SBSA getting ready to make a new high

SBSA Chart

[greencat]

SBSA moved even higher..

SBSA Chart
[/QUOTE]

[greencat]

SBSA wanting to take off again. I expect it will make a higher high....

SBSA Chart

[/QUOTE]

[greencat]

SBSA moving into a cup pattern. Resistance at $7.00. SBSA I expect then will make a pullback and make a inverted head and shoulders pattern..

SBSA Chart