Glad I got out when they were at $14 a share.
The New York Times and Media General's shares have fallen to the lowest point in decades!!
The New York Times shares closed Wednesday at $6.35. Media General's shares fell to $2.96. Why? Harbinger Capital Partners, which holds seats on both companies' boards, limited its interest in the newspaper publishers...with good reason. Especially for Media General. Wonder if Harbinger reads my blog? ;-D
Those who invest good money hate to see it being pissed away on sexual harassment lawsuits and lawyers. They WANT good management who is making a difference as well as money in communities.
Read the entire article here.
Too bad Media General. Maybe if you weren't so busy being stupid, racist, sexist, inept and incompetent you'd fare better.
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