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Thursday, February 19, 2009

GANNETT STOCK CONTINUES TO SET RECORD LOWS

Gannett Co., Inc. - (The Daily Times parent company) - stock price continues its downward spiral again today. It set yet another record low again today and was just trading at $3.78/Share.

The stock value continues to plummet as it looks for 'legs' to sustain it from a complete collapse. Remember folks what happened to Fanny Mae, Freddy Mac when their stock values eroded to similar levels.

The stock value a year ago was trading at near $40/Share and has steadily gone down.

Click here to see the results of today's trading:

http://www.google.com/finance?q=NYSE:GCI

8 comments:

joe albero said...

WOW! It reminds me of Fred Sanford, one arm out, the other on his heart, I'm'a comin Ethel!

Anonymous said...

Joe,
Should be

I'm commin to see ya 'Lizabeth

From a Sanford and Son fan

Anonymous said...

My how the mighty have fallen.

When a stock value declines and gets to these levels, anything can happen.

joe albero said...

Where are ALL of those Daily Times Employee Crybabies? We hate you Joe because you're trying to make us lose our jobs. Idiots! You're in the news business, START READING! The Daily Times is going down. The ship is sinking and Salisbury News starts advertising in March. HELLOOOOOO!

Anonymous said...

Dow ends at lowest close in more than 6 years.ap

Anonymous said...

What is sbynews' ticket symbol again?

joe albero said...

Oh, that's right, Salisbury News didn't go Public and SCREW each and every investor. Oh, that's right, Salisbury News owns their real estate free and clear and pays no mortgage or rent. Our symbol is FREE, Idiot.

Anonymous said...

Response to Comments 8:52 and 9:04:

I really do pity the stock holders who hold Gannett.

Just in the last year Gannett is down more than 90% from the previous year. That's right . . .the investors and stock holders have lost 90% of what they put-in to Gannett - (GCI).

Who I ask are the scandrels in this bloodbath. Certainly SBYnews didn't take the stockholders money.

GCI'S MANAGEMENT IS TO BLAME!