RE:RE:RE:RE:GREENRat, agreed, definitely not a growth stock in a normal sense as the whole industry is in decline.
However, one could be blinded by still good cash flow and one could assume that with expansion of revenue sources, this company would gradually move up.
Considering the low entry cost, the usual thinking is that if I buy it a $5 and it goes up to 6, I am up already by 15% and with dividends that makes 20% and hopefully gradually more with with steady FCF.
The problem is that the TV popularity and attractiveness as we remember was back 10 years ago is now gone and thus the main revenue source is drying up.
And with that goes down the valuation. I have mentioned many times on this forum that the valuation formula takes into account the growth of the company, and in the absence of such, the end result of calculation is what we see is the share price.
There is even one model showing that CJR will slide down to 0 in 10 years (formula based on a discounted cash flow), and with share buybuck as oppose to building up revenue, this may happen even sooner.
While I am confident in your ability to understand the implications of revenue stagnation, there is a bunch of posters on this forum that for a reason unkown to me treat every critical opinion, critical posting as an attack on the company and on them.
I am not sure they are capable of understanding that we are here because we care, almost all of us, if not All, have a stake in this company and it should be in our common interest to see company growing not diminishing.
Yet, I am expecting some posters on this forum to come with nonsensical references to shorting, trolling and God knows what else - even though the shorts interest in this company has almost entirely dissipated.
Anyway, it's a long post but I trust that You living on the West Coast have a more leisure approach to life and thus more time to read and comprehend. Good luck.