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Monday, March 09, 2009

GANNETT BREAKS DOWN. . . NOW INTO $1/SHARE TRADING RANGE

Gannett, Co., Inc. - (The Daily Times parent Company) - trading symbol GCI - broke major resistance again today and is now trading in the $1/Share range.

Just last week it went from $3/Share to $2/Share and now is trading at $1.91/Share.
Warren Buffett made a host appearance with Becky Quick on CNBC's Squalk Box this morning and announced that he had made several tactical blunders this past year in investing . . . no doubt not liquidating his position in GCI was one of them. He holds more than 3.3 million shares of GCI.

Click here to see today's trading results:
http://www.google.com/finance?q=NYSE:GCI

4 comments:

Anonymous said...

well, he's still got 6.2 mil; I'd go!

Anonymous said...

I have never read a single word about Gannett's predicament in their newspaper.

Why have they been holding back on their readers. Surely news of this magnitude wouldn't go without coverage even if it involved their own newspaper. Why wasn't this ever reported?

Anonymous said...

have never read a single word about Gannett's predicament in their newspaper.

Why have they been holding back on their readers. Surely news of this magnitude wouldn't go without coverage even if it involved their own newspaper. Why wasn't this ever reported?

9:27 PM

++++++++++++++++++

Do you really think the average reader of the Daily Times cares what the stock price is? ReallYY

Anonymous said...

Let it get to $1 and I'll by up, somebody will reorganize it and bring their credibilty back.

Joe if it gets low enough I bet you can buy it REAL CHEAP! They need truth and investigative reporting which at this time mangagement won't allow.