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Sinclair stock edging down - again

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lil-petunia Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 11:29 AM
Original message
Sinclair stock edging down - again
after a number of margin investments, an artificial bounce and poor audience ##s for their anti-Kerry diatribe, Sinclair is still low and slow.

http://finance.comcast.net/quote.html?sym=SBGI.NAS&auth=24f2b89b34f07078275f5ec6638c739270eaf2f3a23b7a2761a9ee3703d61bccceb8adcc21325e02"> Comcast stock index

let's keep the pressure on those bastards.
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thecrow Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 11:33 AM
Response to Original message
1. I heard an interesting story last night...
Basically, it was that Sinclair was heading for the financial rocks ANYWAY and that they are just hiding behind the "the anti-Kerry film release caused our stock to go down" theory.... to keep their investors in the game, kinda like Enron did.
Anybody else hear this?
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barb162 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 11:34 AM
Response to Reply #1
2. no, but it can't happen to a better company. good for 'em!
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TexasSissy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 11:45 AM
Response to Reply #1
4. I read an analyst report on SBGI dating from before the release of
the announcement of the anti-Kerry film. That report said that SBGI was not a good stock and that had spent way too much $$$ making new acquisitions w/o thinking about the bottom line, which wasn't good business practice.

I also read that SBGI may be in trouble for insiders selling the stock BEFORE the announcement of the anti-Kerry film, which would directly have hurt the shareholders. I believe the shareholders have filed a lawsuit against SBGI.

Even if they were in trouble before, which seems the case, they are in deep doo doo now.
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Wind Dancer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 11:36 AM
Response to Original message
3. I am still boycotting them and advertisers.
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lil-petunia Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 11:47 AM
Response to Reply #3
5. that's the tix.
Hey, you in NC, I just heard from a dear friend who lives in Penland. He said that in Ashville and all surrounding freeperland areas, tons of Kerry signs, no Bush signs.

What gives? Is that true in your area?
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Wind Dancer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 12:16 PM
Response to Reply #5
6. Penland has one of the best craft/artisan schools
in the country, many liberals live in Asheville, Boone and surrounding areas. It's a unique community with lots of artists and craftsmen who sell their work in galleries or small studios.

Triangle includes:

Chapel Hill and Durham are fairly liberal, Raleigh has a mixture of both. My neighborhood is much more conservative but through canvassing, I have found more Kerry supporters than I was expecting.

We have had a problem here with Kerry signs being stolen and slight vandalism but polls suggest, FWIW, the Triangle area has Kerry ahead.

There are rural areas of this state (still don't sell alcohol) that are die hard republicans. The RW fundies have had a major influence in certain areas too, especially Raleigh.

I have not written off NC, the numbers are closer than reported and we've registered a large number of new voters. MoveOn has a GOTV campaign here which I've been involved in so we are trying our hardest to change this state.
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lil-petunia Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-04 12:55 PM
Response to Reply #6
7. been there done that.
I take blacksmithing at penland. Did until the new studio burned down last year. WIll go back next for more hammering.
A lovely, lovely place? Is that where you hale from?
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