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To: rightwingintelligentsia; Enterprise

Saw web stories saying Carbonite’s stock hit a 52 week low yesterday afternoon. Is there a connection to leaving Rush? Hmmmmmm :-)


31 posted on 03/06/2012 9:10:55 AM PST by MissMagnolia (Being powerful is like being a lady. If you have to tell people you are, you aren't. (M.Thatcher))
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To: MissMagnolia
Investors in Carbonite may be a little sharper than Carbonite gives them credit for. The investors know that a huge part of Carbonite's success and future earnings were tied to their advertising on Rush's show. This is the market showing no confidence in Carbonite. Yesterday was a down day for the market, and so far, today is even downer! None of this bodes well for Carbonite. They are getting pounded by a double whammy of low stock prices and Rush's audience turning their backs on them. Dreadful business decision on Carbonite's part.
43 posted on 03/06/2012 9:18:07 AM PST by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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To: MissMagnolia

Yes, it is at yearly lows. But it hit it’s 52 week low last week. And it has been on a slide since fall. November was one of the largest drop in price times. It had another big drop in mid December through the first of the year.


60 posted on 03/06/2012 9:26:30 AM PST by joesbucks
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