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Thursday, June 12, 2008

Gannett Stock Price Continues To Slide

Gannett almost breaks 52 week low yesterday. They are really treading on thin ice!!!
Take a look as their stock price tanks.

It's very possible they could break their all time low today!!!

Stay tuned folks.

GO HERE to see yesterdays numbers.

25.99 -0.51 -1.92%
Open: 26.41 High: 26.41 Low: 25.62

Previous Close: 26.50 Volume: 5,161,014

After Hours: 25.99 unch Vol. 829,161

Eastern Time

4 comments:

Anonymous said...

Watch Greg Bassett -- when he jumps overboard you know its a sinking ship!

Bob said...

Joe,

Like I said before.....It's over for the newspapers regardless of the owners. The big advantage they had was that their news was more permanent - you could read the paper now if you have time or later if you don't. That advantage is now available in the blogs, of internet news, or anything internet based. The thing with blogs is that a blog is interactive and ppl like that. It's up to the minute if someone stays on it. It's a better way to go of the news is trustworthy. Now if it were me running this blog, AND I wanted to make money at it, AND part of the strategy would be to eliminate the competition, I would get a private domain name, and sell ad space. This would cut Gannetts flow of cash from advertising since your gaining popularity. This would hasten their demise and eliminate competion. It doesn't really matter if people like you or not....if there are ads on your site and ppl see them, the ads will have a positive impact. You'll have to carry the cash in wheel barrows.

Anonymous said...

you get out of it what you put into it, clearly evident from their publications. heads will start to roll

Anonymous said...

joe, please tell me you wont go commercial, hell id pay to belong, donations anything but corporate infusion. please ignor grand dad.