Gannett Co., Inc. - (The Daily Times parent company) - sank to levels never seen before.
Today the stock traded down almost a dollar per share or dropped 12.5% and finished the session at $6.81/Share. Even mad man Jim Cramer chimed-in and said "my eyebrows raised quite a bit with Gannett offering a 21% dividend yield" despite a sinking ship - warning for buyers to beware of this stock.
http://finance.google.com/finance?q=NYSE:GCI
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
6 comments:
BEEZER- GET A LIFE!
Do you take joy in the fact a company is facing hard times?
Do something positive with your time. Go get drunk, smoke weed, butcher deer or go have sex on rt. 13.
BUT P L E A S E SHUTUP
The truth shall set Gannett free, do they have the cajones I ask?
Thanks for info Beezer. I look forward to hearing this news every evening. Nice to see the MSM suffer a little.
Keep up the good work.
What about GM & Ford -- is Gannett better or worse off -- which are begging for a bail-out?
I heard Jim Cramer speak about Gannett to. He said stay-a-way from owning Gannett and also The NY Times to. They are both bad news.
if the stock goes much lower your newspapers and going to get even smaller. might as well use the stock paper to print the news, niethers worth a damn.
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