I agree. 5' of wire is almost nothing for AM BCB frequencies. At 1MHz a 1/4 wave antenna would be about 234' long. That's why loopstick antennas are used to reduce the size of the antenna by using a ferrite rod to increase the Q of the antenna.
Additionally, signals from distances of 100 miles or greater are usually skywave propogation and not groundwave propogation. Skywave signals are usually as strong as local groundwave signals because of the nature of the propogation. So hearing signals from distances greater than 100 miles away isn't an indication of a well performing radio. Local interference could still be an issue and strong signals from propogation are the only signals that can overcome the interference.
Attach a wire antenna of 50' or more to the radio and ground the radio too. See if the local reception improves as well as distant stations.