Citadel Broadcasting...BANKRUPT

[KnoxHarrington]

Wonder how O&A's stock is doing.

http://money.cnn.com/2009/12/20/news/companies/citadel_bankruptcy/index.htm

[underdog]

I can't wait to hear a couple of millionaires complain about losing money in the stock market again.

[Dan 'Hampton]

They said this was going to happen on thursday. It's tp now. Get over it.

[GregoryJoseph]

I think O & A said they each invested $100,000 dollars in the stock at the IPO.

Ouch.

[Dan 'Hampton]

Last I heard it was worth $19. I think they are way beyond being concerned they won't get back that investment.

[GregoryJoseph]

Last I heard it was worth $19. I think they are way beyond being concerned they won't get back that investment.

I believe the shares went down to one cent apiece before the bankruptcy notice.

Maybe they'll be a Penny Stock Chaser hot stock!

[ToiletCrusher]

They own a couple of stations here in Buffalo.

The on-air talent was instructed to not speak about it.

They vaguely make reference to it, though.

[epo]

I believe the shares went down to one cent apiece before the bankruptcy notice.

Maybe they'll be a Penny Stock Chaser hot stock!

Gimme $50 of penny stocks and the right to call myself a major shareholder!

[Meataball23]

All you need is a penny, to strike it RICH! on waaaaalll street!

[hanso]

If they both still own all their stocks. Maybe they are the major holders now. And can start their own broadcast online/podcasts etc w/o all the hassle from the maahhhnn!

[Snoogans]

they had started with 100K and it went up a bit, so they put in more. I think ant hinted at losing to the tune of 450K one day.

[STC-Dub]

At least it isn't like GM is going bankrupt or anything, oh wait...

[DolaMight]

i wondered if the CEO uttered "your mother's naughty bits" prior.