For the last two weeks now Gannett's stock has tanked.
Gannett is The Daily Times parent company.
Gannett now trading at $19.32/Share, once again, shattering yesterday's record low of $19.82/Share.
This has become a daily occurrence folks. Check it out.
http://finance.yahoo.com/q?s=GCI
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
The entire stock market is plunging! Gannett's stock demise is not exclusively self-inflicted. It seems a victim of a "perfect storm" of internet competition (such as this site), mediocre "McPaper" journalism, and an overall economic decline.
ReplyDeleteJoe simply won't be happy unless the paper collapses. Very much like the unflattering e-mail he sent to the Publisher.
ReplyDeleteYou can't blame Joe about publishing Gannett's demise as I'm the one that's been keeping SBYnews informed.
ReplyDeleteThe DT problem is compounded by the fact that it is like all other liberal medias . . . it just can't get traction because it tries to make the news as opposed to fairly reporting it.
That's why they call it a liberal media.
SBY NEWS LIVES ON!
I'd like to see those minion's of misinformation and hand puppet's of the mare's flop too. They can say all they want, they have a 24/7 blog, they just don't update often enough.
ReplyDeleteJoe does put a lot of time into this, he also on many ocasions made the point of what more could be done if he had the number of staff that they have and can't keep a 24/7 website current.
They can network from home for the blog and breaking news, they wouldn't have to leave home to just post a short press release. Why bother? When I can read it here the day before.