Based on todays trading, the market is really warming to CNN's recent success. My point is no one cares and more substantial business is required to get it going. The other problem is that there are 750 mil shares on issue and the register will continue to dilute further as they run out of money. Massive , humungous , enormous , ridiculous sales volume is required to move this stock with the volume of shares out there, with many looking to get out at first chance. This is what CNN faces to get the share price moving up .
cheers
CNN Price at posting:
1.5¢ Sentiment: None Disclosure: Held