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

Rating:
Perform GNET
up 97.04 %

Global Traffic Network, Inc. (GNET) rated Perform with price target $6.25 by Oppenheimer

Posted on: Wednesday,  Feb 11, 2009  8:25 AM ET by Oppenheimer

Oppenheimer rated Perform Global Traffic Network, Inc. (NASDAQ: GNET) on 02/11/2009. Previously Oppenheimer rated Buy Global Traffic Network, Inc. (NASDAQ: GNET) on
08/08/2007., when the stock price was $7.10. Since then, Global Traffic Network, Inc. has gained 97.04% as of 09/28/2011's recent price of $13.99.
If you would have followed the previous Oppenheimer's recommendation on GNET, you would have gained 97.04% of your investment in 1512 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/11/2009 8:25 AM Buy
None
5.26 6.25
as of 12/31/2009
1 Week up  132.00 %
1 Month up  132.00 %
3 Months up  111.13 %
1 YTD up  68.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/10/2008 8:25 AM Buy
None
9.25 11.00
8/8/2007 9:25 AM Buy
None
7.10 9.50

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