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Somebody's trying to counter Sinclair's stock freefall!

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Gaffey Duck Donating Member (274 posts) Send PM | Profile | Ignore Tue Oct-19-04 03:14 PM
Original message
Somebody's trying to counter Sinclair's stock freefall!
Look at what's happened over the past 30 minutes!

http://money.cnn.com/quote/quote.html?shownav=true&symb=SBGI

More dirty GOP tricks?
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:16 PM
Response to Original message
1. RevMoon to the rescue.
It's Moon's money behind this whole story and Sherwood and Jarmin.
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Gaffey Duck Donating Member (274 posts) Send PM | Profile | Ignore Tue Oct-19-04 03:16 PM
Response to Reply #1
2. Just fell down 0.06
Are Moon and Soros having some sort of war?:evilgrin:
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:17 PM
Response to Original message
3. Too Little, too late - check out the last five days...
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txindy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:17 PM
Response to Original message
4. No, just investors trying to profit from a brief, downward,
Edited on Tue Oct-19-04 03:18 PM by txindy
trend on a stock -- as they see it. Probably day-traders or very short-term investors. They'll try to make a few quick bucks and then dump it, themselves. This'll probably happen over and over, again.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:18 PM
Response to Original message
5. Is this trading on foreign markets?
Good. Let Reverend Moon take the loss.

What a sale of souls is here.
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MatrixEscape Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:27 PM
Response to Reply #5
7. Moon never takes a loss ...
Only in the sense that he seems to have an endless supply of money from various sources in Asia, plus the money his Moonies make and donate.

The Rev's cash-flow seems figuratively bottomless ;) If anybody has any updates on his cash situation, please provide it. My sources are no freash.
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lil-petunia Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:21 PM
Response to Original message
6. OK, so some shrubites called in their tickets and got some fiends
of theirs to purchase close to 120,000 shares. So friends of Bush just invested $750,000 in an effort to keep the stock from tanking below 6.10. This was a big buy, by some heavies with ready cash.


I posted earlier, that is the magic number. If it goes below that, ratings fall, investor confidence falls, commercial investors go, "What the Hell, I'm outta here." and the ads spiral down.


Watch tomorrow, because with just a few more ad withdrawals, the rumors about their November 4th earnings report will start even more panic. I suspect it will go below 6.10 by nid morning, with a possible correction to about 6.15 at the end of the day.

Just think of this as a $60,000 donation to keep the anti-Kerry program on the air. When the stock hits the skids again, I suspect even the most hardy allies will bail. They purchased at 6.66? Will sell at 6.10? x 120K shares = an expensive favor indeed.
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ima_sinnic Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:31 PM
Response to Original message
8. BWAHAHAHA!! that is PATHETIC!
I expected from your headline to see them back over 8 or 9 dollars!
Have been watching this closely for the past few days, until today when I've been too out straight until now. Glad to see they're still sinking down to where the bottom feeders dwell. These little emergency "saves" won't do s#%t in the long run.
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Guaranteed Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:34 PM
Response to Original message
9. Yup, weak.
The damage to their reputation has been done.
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 03:36 PM
Response to Original message
10. The same has been happening for the last ten days
The stock drops and then people buy low. Just people trying to cash in on the freefall. Each day's big buy gets wiped out the next day.
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endnote Donating Member (645 posts) Send PM | Profile | Ignore Tue Oct-19-04 03:44 PM
Response to Original message
11. Hey, that is NOT to be unexpected.
You see, for every stock boycott there are individuals who see an opportunity to buy low, thinking that the stock will go back up after the storm is over... it's a great opportunity, especially for Repugs who want to support Sinclair while making some money at the same time... It makes sense...
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HFishbine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 04:21 PM
Response to Reply #11
14. Yep
Except that that strategy rarely works. A breif rise is likely, but lower lows are coming, probably on Nov. 3.
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IIgnoreNobody Donating Member (376 posts) Send PM | Profile | Ignore Tue Oct-19-04 04:05 PM
Response to Original message
12. Sinclair down 3.54% for the day at the close.
Edited on Tue Oct-19-04 04:06 PM by IIgnoreNobody
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NoBorders Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 04:19 PM
Response to Original message
13. mellon scaife , my guess
the billionaire freeper...
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Tue Oct-19-04 05:22 PM
Response to Original message
15. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
DancingBear Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 05:28 PM
Response to Reply #15
16. Yes, I am sure all you say is true
Edited on Tue Oct-19-04 05:29 PM by DancingBear
You'll excuse me now - I need to wait in the patch for the Great Pumpkin, for he, too, is as real as you.

Does your mother know you're playing on the PC again?
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SemiCharmedQuark Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 05:33 PM
Response to Reply #16
18. Careful now! He might donate another Billion to Bush!
And soon he will own this site! OH NO!
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SemiCharmedQuark Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 05:30 PM
Response to Reply #15
17. Oh yeah? Well I have Ninety Billions Dollars!
And I just bought the white house so NYAH!
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Tue Oct-19-04 05:39 PM
Response to Reply #17
21. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
SemiCharmedQuark Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 05:44 PM
Response to Reply #21
22. What? The Troll?
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Tue Oct-19-04 05:59 PM
Response to Reply #22
24. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
SemiCharmedQuark Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 06:30 PM
Response to Reply #24
25. Yeah, I agree.
Welcome to DU!

:)!!
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 05:33 PM
Response to Original message
19. Still down about 25% over the past week or so.
;)
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phish420 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 05:38 PM
Response to Original message
20. just typical after hours...people grabbing cheap stocks
Theyll turn around and sell tomorrow
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in_cog_ni_to Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 05:47 PM
Response to Original message
23. Murdoch to the rescue! n/t
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