tag:blogger.com,1999:blog-4726844761468242273.post3545493605539235441..comments2023-10-07T05:29:20.923-07:00Comments on McClatchy Watch: Ruh roh!... McClatchy hits all time lowUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4726844761468242273.post-42286791058535242512008-11-08T11:30:00.000-08:002008-11-08T11:30:00.000-08:007:51 You should have said, "When they drop the div...7:51 You should have said, "When they drop the dividend AGAIN, the stock will drop like a stone"<BR/><BR/>I don't believe that further cuts in the dividend will alter the decline that is already in progress. It is hard to top a 25 or 30% decline in a matter of a very few days. The only people that now benefit from dividends on this company are the one's that are driving it into the dirt. They are issuing themselves massive numbers of shares and financing it with layoffs. They will continue this behavior until such time that their creditors realize what it is they are doing and finally decide to liquidate the assets.<BR/><BR/>What Pruitt is doing is all pre-planned. He is not nearly as stupid as his journalists believe he is. Quite the contrary. It is they that do not understand his strategy. <BR/><BR/>Remember, you don't need a single qualification or an ounce of intelligence to be a Journalist, but a CFA or Business Admin needs a ton, and even then it is often not enough.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-7109725388658310362008-11-08T11:01:00.000-08:002008-11-08T11:01:00.000-08:00yes mr pruitt is bad and killer ceo and destroyed ...yes mr pruitt is bad and killer ceo and destroyed the newspaper businessnickhttps://www.blogger.com/profile/16834767619524023545noreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-27672517697024303402008-11-08T07:51:00.000-08:002008-11-08T07:51:00.000-08:00When they drop the dividend, the stock will drop l...When they drop the dividend, the stock will drop like a stone. Yet more evidence of Pruitt mismanagement. How long before the powers that be wake up and realize Pruitt has destroyed this company?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-22083157475310391492008-11-08T07:35:00.000-08:002008-11-08T07:35:00.000-08:00...Stocks be doin' dee McClatchy limbo...How low c......Stocks be doin' dee McClatchy limbo...How low can dey go ?Anonymousnoreply@blogger.com