Citadel Broadcasting Corp. (CTDB.OB) Up Over 200% Following Mention in QualityStocks Newsletter

By Jonathan
09 March 2010 @ 10:03 am EDT

Citadel Broadcasting Corp. is currently trading at $0.05, after trading as high as $0.059 a share earlier today. The stock is up $0.025 a share, up 100 percent for the day. The strong upsurge in price occurred on massive volume of nearly 10 million shares, which is well above the normal daily volume of about 472,000 shares. Citadel Broadcasting was first mentioned in the QualityStocks FREE Daily Newsletter back on December 18, 2009. At that time, the stock was trading at only $0.0166 a share.

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