Sinclair Stock Hits 52 Week Low

[HFishbine]

Currently: $6.75

Previous 52 week low: $6.88

Value lost since boycott started: about 15%

[fertilizeonarbusto]

1. HAHAHAHAHAHA

Fuck you, you filthy propagandists!

[Kammer]

2. Volume

Look at the volume, the big boys have started their dump....

[HFishbine]

5. Yes

Volume is already over 100% of average daily volume.

[Love Bug]

3. Cry me a river!

:nopity:

[lil-petunia]

4. I just unsubbed from the Chi Trib, this news, plus the reaction I've

gotten from my calls to advertisers on Sinclair - it just makes my day. When TribCo endorse shrub, when Sinclair plays pol games and when GOP hirelings sign up dems, then throw out their voting registrations, I am mad. But now, glad.

Jerks, all.

[amisaid1]

40. I also cancelled my Chicago Tribune subscription

After stewing over their endorsement yesterday I decided to call them and cancel my subscription this morning. The Chicago Tribune always endorses the republican candidate for president but their contention that Bush will make us safer and considering the stakes in this election I could just not continue to support this newspaper and this kind of thinking with my money.

The lady in the subscription department probably wasn't that interested in my reasons why I was cancelling but she did tell me that her and her entire family are voting for Kerry. She also told me that they had received quite a few cancellation calls so far this morning.

I find it fascinating that Chicago votes 80% for Democrats but both daily newspapers are righ-wing Bush supporters. Ironically, the suburban Chicago newspaper, The Daily Herald, caters to the mostly republican voting northern suburbs but they have endorsed John Kerry.

In any event, looks like i'm going to get a subscription to the New York Times. I'll just have to sacrafice my local sports news

Jeremy

[lil-petunia]

46. hey smut times has better sports, longer anyway.

plus they have 3 crossword puzzles.

And the smuttimes has been breaking stories on the massive corruption in City Haul - Hired Truck program, et al.

[JuniorPlankton]

6. It's $6.85, not $6.75

But it is the new 52 week low.

[Kammer]

7. No

You are getting the 15-20 minute delay, it is tanking...

[Kierkegaard]

8. Couldn't have happened to a nicer bunch of

sleazy, under-handed, lying assbags. Their board of directors must be chewing their fingers off about now...

[zbdent]

9. George Soros, would you care to get in on a bargain?

Here's a chance to acquire a bunch of stations in a hostile takeover . . .

[Kammer]

12. Wish

That is a wonderful thought, but it doesn't make business sense. Sinclair is 1.7 Billion in debt. Still wish he would though.....

[hlthe2b]

14. The family owns 95% of stock, so I don't think one could launch hostile

takeover.... good idea, though

[RobertSeattle]

10. Bwa Ha Ha - reducing Sinclair Stock Holders Taxable Income!!!

[HFishbine]

13. Only if they sell

Sell or hold, either way the one thing we are doing is reducing their net worth.

[i_c_a_White_Ghost]

11. "I'm Going Down" by Bruce Springstein comes to mind

I'm going down, down down down.....

[kokomo]

15. Got lettere from Lowe's and U.S. Cellular...they are pulling ads...

during the showing of the film and U.S. Cellular says also 2 hours before and afterwards.

Dear Valued Lowe's Customer,

Thank you for your comment regarding concerns about advertising on the Sinclair Broadcasting network. Lowe's does not advertise in political programming. We will not advertise within this political documentary, nor will the company's local advertising appear anytime during the day this documentary airs.

As far as advertising on the Sinclair group of stations as a whole, Lowe's advertising agency is in contact with Sinclair to learn more about the program, and our company will make a decision about future advertising at a later time.

Lowe's has a strict company policy specifying that its advertising is not to run in controversial programming. The company advertises primarily in national, network prime-time television programs and on select local stations and cable outlets. Because Sinclair owns 62 television stations reaching 24 percent of all television households, some Lowe's advertising may appear on those stations from time to time, but again, not in close proximity to the controversial documentary you mentioned.

We appreciate your contacting us, and hope this information addresses your concerns.

Lowe's Customer Care

[Catshrink]

17. Hey, that's the same letter I got!

Cool...

Dear Valued Lowe’s Customer,

Thank you for your comment regarding concerns about advertising on the Sinclair Broadcasting network. Lowe’s does not advertise in political programming. We will not advertise within this political documentary, nor will the company’s local advertising appear anytime during the day this documentary airs.

As far as advertising on the Sinclair group of stations as a whole, Lowe’s advertising agency is in contact with Sinclair to learn more about the program, and our company will make a decision about future advertising at a later time.

Lowe’s has a strict company policy specifying that its advertising is not to run in controversial programming. The company advertises primarily in national, network prime-time television programs and on select local stations and cable outlets. Because Sinclair owns 62 television stations reaching 24 percent of all television households, some Lowe’s advertising may appear on those stations from time to time, but again, not in close proximity to the controversial documentary you mentioned.

We appreciate your contacting us, and hope this information addresses your concerns.\

Lowe’s Customer Care

[mzmolly]

16. HA!

:evilgrin:

[Skidmore]

18. Suppose the corporate media will get the message that

liberals invest too? Maybe we should do this with other media.

[merh]

19. Wouldn't that be cool - that we have the same type of effect

on the big corporations & media whores!

[Tatiana]

20. OMG!

Shit, didn't it close at $7.05 Friday. WOW!!!!!

Wonderful! Keep up the pressure on the advertisers!

[gauguin57]

21. It's been falling steadily since the FIRST boycott, after the Nightline

-- refusuing to show photos of those who've died in Iraq -- thing.

There is a God. Yes, you heard me, sar_dude2000 (a true comedian on the Sinclair message board on Yahoo! finance -- who says John and Teresa Heinz Kerry are influencing us to boycott and drive down the stock price so they can snap up the shares at a steal. Lurks on DU, and says we liberals don't care about the small investor. Says we all live in our parents' basements, smoke dope and have never accomplished anything. How's your portfolio lookin', there, sar-dude?)

[Kammer]

22. How did Sinclair stock do under Clinton?

Looking back,, it was at $30, now under Shrub, it is at $6.78. hehhehhehhe

[HFishbine]

24. Good Question

High under Clinton: $30
High Under Bush: $18

[HFishbine]

23. CORRECTION, 3 Year Low !!!

Not only a 52-week low, but nearing a 3-year low. These jokers might be signing their own death warrant.

[Indykatie]

25. DU cited In Article

SBG's made the list of dummest Wall Street moves cited by The Street and DU was mentioned in the article as contributing to the increased level of activism against the company. Way to go!!!

[wicket]

26. Do you have a link for this?

I want to monitor it's plummeting hehehehe :D

[HFishbine]

27. Here

I have a program that monitors stocks in real time, you can get 20 minute delayed quotes here: http://finance.yahoo.com/q?s=SBGI&d=t

[wicket]

32. thanks!

Watch it tank! :D

[rndmprsn]

28. shame on the self-titled business president

he's a failure @ this too...man i can't keep up with them all?!

[Mr_Spock]

29. Until these creeps are on the street begging for money, I'm not happy

These guys are going down - there is no end to my personal determination to see that these guys go down for the count - NO END!

[HFishbine]

30. Update: $6.67 (eom)

[Tatiana]

34. Maybe soon, it will be worth about as much as Enron stock was in the end.

[SheWhoMustBeObeyed]

31. This good news deserves a kick

:kick:

[Clintmax]

33. Sinclair is going to learn

I hope nobody minds since I'm new to DU that I am putting my two cents worth in...

You'll learn, Sinclair! You'll learn. Either that, or you'll go bankrupt! Never underestimate the power of the DU!

[strizi64]

35. SBGI breaks trough the floor, -6.1%

I've sold some shares short. And will donate all profit out of this to the DNC or something like moveon.org :)

[helpisontheway]

36. I'm not into stocks so I don't understand how to explain this

Exactly how much has it gone down? I want to post it on this board with irritating Republicans to piss them off. LOL

[strizi64]

38. Just show them this

Chart: http://ichart.finance.yahoo.com/w?s=SBGI . Even a dumb FReeper will understand this :).

[HFishbine]

39. Here you go

It has dropped from $7.82 on Oct. 6, to $6.59 today. A 16% decline.

Want to irritate those republicans? Tell them Sinclair is having a sale on their stock and they should put their money where their mouths are and buy some.

[helpisontheway]

43. Thanks!

[lil-petunia]

50. which translates to $60 Million down in one week

Which translates to some very unhappy family members.

If this continues, they will have serious financing problems.

Now, can we get someone to investigate their inflated viewership claims?
hit them even harder in the pocket.

[HFishbine]

41. Dupe (ignore)

[KittyWampus]

37. Sinclair Family Is A Front For Nefarious Elements Of CIA/BFEE

they couldn't give a crap about losing money when there's so much more to be made elsewheres.

Did anyone stop to think where all the money went from Enron?

[HFishbine]

42. Update: $6.58

Down 6.4% for the day.

[Indykatie]

44. Large Number of Shares Being Traded.

Someone is unloading quite a bit of the stock today.

[Zorra]

45. SBG needs to go out of business. They are a threat to our country.

We can take down all the RW media propaganda outlets in this very same way. POX, CNN, etc.

The RW can't retaliate, because all of the major media outlets are RW propaganda machines.

[evilqueen]

49. That's right, they are "hurting America"

Down with Sinclair

[evilqueen]

47. Can you hear that sucking sound?

:hurts:

[JUS]

48. poetic justice

how low can it go?

[Tim_in_HK]

51. Whoa. Keeps going . . .

How low can it go?

Now at $6.499, down 7.7%.

An ever lower 52-week low.

[HFishbine]

52. YIKES !!! $6.37 -- DOWN 10% for the day.

Ouch!

[MADem]

53. It is IMPORTANT TO KEEP UP THE PRESSURE

...on Sinclair advertisers. I know they have the bulk email program, but if you have awareness of a local business that advertises with them, send them a VERY brief, heartfelt letter telling them why you can't patronize them any more, and also TELLING them WHERE YOU WILL SHOP INSTEAD. I have found those get a personal response, telling me that they are pulling their ads.

[Kammer]

56. Crap

This is fun to watch.....

[spanone]

54. America voting with it's wallets. I love it!!!!

[TexasSissy]

55. It's lousy stock, anyway. Sell it, if you have it! SBGI is the ticker.

[Contrary1]

57. It's 6.42 now...

Can you say freefall?
hehehehehe...