What has worked in the consolidation that you are referring to?
Have the consolidations "magically" turned the business around and made the companies profitable?
Lets get serious here. The share price doesn't move because there are no tangible results. What are the sales and margin and profits? Does your computer have a problem filling an order for 100,000 rather than 1,000?
"CNN has cleared the old decks" - great, now lets see some profits. Then we'll talk of consolidations. Because until that happens, it will be pure destruction of what we long term investors have put in, for the benefit of new investors.
Pear
CNN Price at posting:
0.3¢ Sentiment: None Disclosure: Held