Any idea on what should be the price target for this stock? Do you
think it will go over $1 mark?

It is quite impressive that this daily was able to increase
circulation.
Solid reporters, lively reporting and the first choice for commuters.

Earnings out this evening.  will be better than expected.

My suggestion would be to pick up some more. I think this company will
turn around in the long run. If I were you I would just cost average,
if you pick up another 15,000 shares @ $0.11 then your average price
would be 40.5 cents which is much better. I only have 2000 shares
myself @ $0.32, and I'm gonna buy 3000 more maybe next month or so.

Does anyone have an idea about this stock? I bought 15,000 shares at
0.70 and holding them, hoping things will turn around in 6-8 months.
What would be a good price to sell them? At 0.15 right now, I feel its
better to hold on and hope for better long term gains than sell it for
almost bankruptcy price. Any suggestions?

I really don't think there is much risk here, but lots of upside.

Their revenue is still 300m-350m per year.  However, as a small media
group they have very few economies of scale and are forced to spend
about 400m to get their papers out of the door.  They have value to a
larger media group with access to economies of scale (combined
bereaus, cheaper syndications, national advertising accounts, etc)
which could reduce costs into the $200m-$250m range.  With the revenue
they produce, they are easily worth $100m-130m to the right buyer
(especially since they have a handful of smaller profitable papers
that could be sold off).  That sale price would translate into about .
80 - 1.00 per share.