Notable New Highs — October 11, 2006 | Home | Never Eat Directly from a Package

October 12, 2006


Media General in Full Retreat

Controlled Greed is a fine “value investor” blog that I’m happy to include in my Blogroll; I recommend you check it out if you haven’t already. CG owns Media General which I have chastised him about from time to time — I think almost all the newspaper companies are value traps. (He also owns DECK, which graces today’s Notable New Highs list.)

MEG missed earnings and went ker-plunk* yesterday. I wonder if Mario Gabelli has asked his grandkids if they’ve ever read a newspaper?

MEG

* Ker-plunk is a term reserved only for sophisticated “Top Stock Market Bloggers” like me.

This entry was posted on Thursday, October 12th, 2006 at 10:02 am (utc+8) and is filed under Internet/Media, Trading and Investing.

One Response to “Media General in Full Retreat”

  1. Maoxian » Stock Du Jour (OIH) & Random Observations said:
    July 21st, 2007 at 9:11 am

    […] Notable New Lows: Bancorps out the wazoo, Media General (MEG) still retreating; Jones Apparel (JNY); Human Genome (HGSI); Blackstone (BX); UTStarcom (UTSI); bunch of homebuilders including Beazer (BZH) and KB Home (KBH). The “Bancorp” crash is so bad I think I’ll write a little report for donors about which ones I like best. […]

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