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Global Traffic Network, Inc. (GNET) [hlAlert]

Rating:
Buy GNET
up 102.16 %

Global Traffic Network, Inc. (GNET) rated Buy by Noble Financial

Posted on: Thursday,  Oct 16, 2008  9:25 AM ET by Noble Financial

Noble Financial rated Buy Global Traffic Network, Inc. (NASDAQ: GNET) on 10/16/2008, when the stock price was $6.92.
Since then, Global Traffic Network, Inc. has gained 102.17% as of 09/28/2011's recent price of $13.99.
If you would have followed this Noble Financial's recommendation on GNET, you would have gained 102.16% of your investment in 1077 days.

Global Traffic Network is a leading provider of custom traffic and news reports to radio and television stations outside the U.S. The Company is a Delaware corporation that, through its two wholly-owned operating subsidiaries, provides customized traffic and news reports to affiliated radio and television stations, in exchange for commercial airtime inventory. The Company operates the largest traffic and news network in Australia, and is quickly ramping operations in Canada. In exchange for providing custom traffic and news reports, television and radio stations provide Global Traffic Network with commercial airtime inventory that the Company sells to advertisers. As a result, radio and television stations incur no out-of -pocket costs when contracting to use Global Traffic Network's services.

A clear and concise focus. Identifying the emerging small or micro cap company. Recognizing the entrepreneurial character and organizational commitment of its executives and employees. Observing unstoppable drive to exploit opportunities while tackling obstacles. Understanding the company's essential products, services and technologies. Following only those who deserve our attention.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2008 9:25 AM Buy
None
6.92
as of 12/24/2008
1 Week up  22.19 %
1 Month up  23.93 %
3 Months down  -10.44 %
1 YTD down  -10.44 %

(*) Stock Price at the time of the recommendation.
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