Citadel Broadcasting Corporation May Not Meet Earnings Expectations
Citadel Broadcasting Corporation May Not Meet Earnings Expectations
I sold my shares of Citadel Broadcasting Corporation (CDL) today ahead of their earnings report this Thursday. Analysts widely expect Citadel Broadcasting Corporation (CDL) to not meet their earnings expectations. This coupled with the fact that the stock has lost over 32% in less than 2 months was more than enough reason to drop this loosing stock. I re-invested the funds in Walt Disney Co. (DIS) which recently sold it’s Radio Disney to Citadel Broadcasting Corporation (CDL). You should always drop the loosers and give your money the potential of making great gains elsewhere.
This is just an opinion so no one go suing me or anything 
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