ClintonTyree
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Tue Oct-19-04 05:42 PM
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Sinlaire Broadcsting stock down 16% in the last 5 days.......... |
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from 7.48 to 6.26, nice job fellas'. I thought INCREASING shareholder value was the goal of a Company, not sending it down the crapper. It won't be worth the paper it's printed on soon. Stupid, stupid, stupid.
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UCLA Dem
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Tue Oct-19-04 05:44 PM
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Lucky Luciano
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Tue Oct-19-04 05:45 PM
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I understand they lost 80 advertisers in light of the crap they are pulling - that was a number I got from here nd without backup so I am merely hoping it is true. Also, some mutual funds are divesting ownership in the station - Not all of us financial types are conservative!! (Yes I am about start a job in quantitative finance)
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kikiek
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Tue Oct-19-04 05:46 PM
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3. Here is a good story on it |
charlie
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Tue Oct-19-04 05:48 PM
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4. Yeah well, the squeeze is finally getting to them |
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They're changing their story. Now they insist they never planned to air Stolen Honor in its entirety, instead they're going to run a 1-hour documentary on the effects of media on politics. http://biz.yahoo.com/prnews/041019/phtu047a_1.html
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Frances
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Tue Oct-19-04 05:53 PM
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5. Will they have commercials? |
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I read one letter where a major stockholder asked how much revenue the station would be losing by not airing commercials.
Will the stockholders be allowed to sue for the loss of income from commercials?
And will there be any fallout from the insider trading I've been hearing about? If Martha Stewart had to go to prison, what about the bozos that own Sinclair?
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Anakin Skywalker
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Tue Oct-19-04 05:57 PM
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6. Ever the venture capitalists |
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Well, the greedy bastards were GAMBLING. They were hoping that by stumping for BushCo., they can get more of the public's support which would translate into dollar amounts. Too bad for them they gauged the public wrong. There aren't as many Bush lovers as they had hoped. LOL This is rich (pardon the pun!). :) Bwahahahah!
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necso
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Tue Oct-19-04 09:39 PM
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http://www.investor.reuters.com/SellAlerts.aspx?ticker=SBGI&target=sellalerts%2fsummaryRisk still medium, but now 4 "Fails". I am a little surprised that there isn't more "Shorting".
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DU
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Tue Apr 23rd 2024, 07:46 AM
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