The print mediots across the board got hammered today.
The Compost wasn't mentioned, but it/WPO at this time has the largest % loss of stock value. Has the Compost been Enroning its books like the Tribune/TRB and Ny Slimes/NYT.
DINOSAUR MEDIA EXTINCTION ALERT!!! I'm told the Discovery Channel is going to do a documentary on this extinction phenomenon....
What a darn shame (sarcasm off)
Yup....Happy St. Patrick's Day all.
The Good News has continued all day.
Are the insiders dumping WPO because they know that WPO has been Enroning its books?
WPO had over a 1% gain earlier today, and at this time it is at -4.8% loss versus yesterday, or a 6% drop in one day.
Lesson the MSM still haven't learned: you can avoid reality, but you can't avoid the consequences of avoiding reality.
Nice to see reality knocking loudly at their barricaded doors.
Start Shorting these POS's! WOOOOOHHOOOOOOO!!!!!!
The only stock sector that has performed more poorly than Media in the last year has been Automotive Parts.
The media's problem is two things:
1] The Internet
2] Their neglect of 50% of America by appealing only to RATs.
But, due to their stupidity, we must add one more:
3] Their failure to admit/recognize item #2.
Hi Grampa. DO you know if this is a typo, or is WaPo stock really worth nearly a grand per share? Seems way out of line with the figures published for the other newspaper companies.
It's been junk paper for years. Now it's official.
Grampa Dave, great job, great post.
I couldn't have had a better story today.
Agenda driven news just doesn't sell and it shows that more folks are THINKING.
Wow, these maggot infested liberal editors and publishers make a great brunch!
love it.
Well, look at this little disclosure. One of the most expensive stocks in America appears to have the Enron Virus which leads to Enroning/cooking the books.
The Post will not reveal circulation and ad revenue figures to Media Life, but data available elsewhere paints an alarming picture. Ad revenue is up just slightly over the past five years, to $783.5 million last year from $770.6 million in 2000, according to TNS Media Intelligence.
But circulation has tumbled, falling by 137,695 for the weekday paper in the past decade, from 816,474 for the year ended Sept. 30, 1995 to 678,779 for the six-month period ended Oct. 2, 2005. That's a decline of 17 percent. That's according to numbers from the Audit Bureau of Circulations, the latter of which has not been audited yet and is based on publisher statements.
Warning to all Freepers. You should check your mutual funds to see if they are supporting these left wing dinosaurs: WPO, NYT and TRB. If so, you might want to trade those funds for those without the Enron virus/time bombs, aka, cooking their books.