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Good Lord - MG stock price

Discussion in 'Journalism topics only' started by Moderator1, Nov 20, 2008.

  1. Moderator1

    Moderator1 Moderator Staff Member

    An old friend from the paper showed up at our game last night and we were chatting about this and that.
    He noted that Media General's stock had fallen from 4 to 2.96 yesterday.
    As I type this, it sits at 2.11.

    Good lord. I recall (fondly) when it was over 100.


    This is worse than I thought and I wonder if there's any way possible for it to get better.

  2. JayFarrar

    JayFarrar Well-Known Member

    Re: Gold Lord - MG stock price

    Gold Lord?

    And I saw on Poynter that McClatchy stock had dropped to a point where toilet paper is now more valuable.
  3. Moderator1

    Moderator1 Moderator Staff Member

    I was so stunned I couldn't type.
    It rallied to 2.19 while I was typing.
  4. Ace

    Ace Well-Known Member

    Isn't that what the experts call a buying opportunity?
  5. Mizzougrad96

    Mizzougrad96 Active Member

    That's way too high... :)
  6. GB-Hack

    GB-Hack Active Member

    That's it, I'm winning the lottery and buying the company.
  7. Moderator1

    Moderator1 Moderator Staff Member

    You can do that now with a $1,000 scratch off winner.
  8. GB-Hack

    GB-Hack Active Member

    Well, shit, I'l just go to the casino and play some cards then.
  9. Ben_Hecht

    Ben_Hecht Active Member

    Buy all that debt.

    Go ahead.

    Grab that hot stove.

    Feeling lucky?
  10. EStreetJoe

    EStreetJoe Well-Known Member

    $2.11 a share? That's $2.10 more than Journal Register stock is worth.
  11. 2muchcoffeeman

    2muchcoffeeman Active Member

    Closing bell: $1.52 per share. That was actually up 1 cent today. It's up another cent in after-hours trading.
  12. GB-Hack

    GB-Hack Active Member

    Yes, as a matter of fact I am.
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