Entercom Communications Corp
. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. As of February 20, 2018, it had a portfolio of approximately 235 radio stations, digital platforms, and live events. Entercom Communications Corp
. was founded in 1968 and is headquartered in Bala Cynwyd, Pennsylvania.
Only one reason why 2,000,000 million shares were bought by INSIDERS from 3/9/18 to 4/11/18. Why? Because price will go up VERY SOON.
You could either:
1) Buy Stock
2) Do Write Cover Call options (Buy stock & write put call above price action)
3) Do bullish
option credit spread
My Guess: is $11.00 will be 1st resistance or price GOAL. Next Earnings
Report is scheduled for 5/9/2018