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
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
well, he's still got 6.2 mil; I'd go!
ReplyDeleteI have never read a single word about Gannett's predicament in their newspaper.
ReplyDeleteWhy 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?
have never read a single word about Gannett's predicament in their newspaper.
ReplyDeleteWhy 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
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Do you really think the average reader of the Daily Times cares what the stock price is? ReallYY
Let it get to $1 and I'll by up, somebody will reorganize it and bring their credibilty back.
ReplyDeleteJoe 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.