Charter Communications (NASDAQ:CHTR)

Corporate restructuring

The GeoTeam® has nibbled at CCMM. We noticed some big trades $2.35 below the bid. We refer to this as reverse raisers; wiping out a seller. Over the years this type of price action has indicated a bullish short-term signal for the GeoTeam®.

We performed further due diligence and it appears that the company reported 2009 non-GAAP EPS of around $10.00. Combining this revelation with EBITDA per share of around $20.00 and the following facts has prompted us to code CCMM as a high risk GeoSpecial:

• The Company has reduced debt by around $8 billion
• The Company has reduced expense by over $800 million
• Uplisting is imminent
• Per its fourth quarter conference call, the Company has Expressed Confidence about the future: “in its Better position that ever to compete.”