This blog is mainly about the spectacular train wreck at The Sacramento Bee and its parent company, the McClatchy Company. But I also post about current events, the Iraq and Afghanistan wars, politics, anything else that grabs my attention. Take a look around this blog, hope you enjoy it.
Down 3 percent by 10:35. Takes time for Wall Street to wake up after the weekend, but they do respond to bleak news. Last I saw, short-sellers are holding 50 million MNI, betting it has much lower to go. I am suprised it isn't more.
5 comments:
I wonder if we were wrong about McClatchy stock going crashing. Down only .06 .
Down 2.4 percent at 10:30 EST.
Down 3 percent by 10:35. Takes time for Wall Street to wake up after the weekend, but they do respond to bleak news. Last I saw, short-sellers are holding 50 million MNI, betting it has much lower to go. I am suprised it isn't more.
I guess we can't read the stock marker and Moringstar is unimportant. Not only are they not down they are up 1:43 EST.
The stock appears to be rising, not declining.
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