GTN Gray Television, Inc.

$GTN Looking at the Gray markets and the amount of political that is being spent in those markets I expect Gray to have a significant beat on earnings. They also did the debt deal in 3rd quarter so there might be a non-cash charge but the lower interest cash savings will be there also. I look for 4th quarter guidance above current estimates as well. With political mostly done by the call I would expect them to update their cash situation as they have done in the past. I would think they have over 500M in the bank. They could give 100 million of that back to shareholders in the form of a one time dividend. That would be a one time dividend payment of almost 25%. SBGI has done this in the past.

$GTN The shorts rubber band is at snapping point for tidal vol. reversal any moment now sparking a shooting star into year end! Mark it.

$GTN another rate hike almost guaranteed now. High leveraged stocks will get sold off. Raised guidance, earnings beat, debt restructuring or any good news won’t matter for this over leveraged junk. Only hope is a spectrum auction

$GTN always down decent news. FCC needs to auction this spectrum already and kill this sector off. M&A dead, probably going to unwind TGNA /NXST merger. Nothing else going good but political cycles

$GTN I’ve been buying back in before ER. Unlike the low IQ janitor Martel, I don’t believe there will be $500M in cash and a $1/share special cash dividend. What a complete clown. I’ve done my research and believe debt pay down will increase FCF in future along with a healthier balance sheet from massive political since the left and right wing nut jobs are spending tons of money as well as Israel who really controls the USA through AIPAC and Mossad intelligence blackmailing the oligarchs from their visits to Epstein island. I will be trading in and out until spectrum auction which the clown janitor Martel says doesn’t exist, then I will take a permanent position as I see this and SSP now having the highest return from said auction. The biggest turds always have most to gain from spectrum auctions.