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Journal Communications Inc. Message Board

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  • sunrisepop46 sunrisepop46 Jul 13, 2005 5:43 PM Flag

    Stock Loan

    Glad theres still someone around.I mentioned this months ago.The price would take a beating because of selling before Sept.But there is something else going on.There is a pattern of buying when the stock hits around 16.40.I think the company is buying back those 5 million shares.Maybe someone is protecting their Margin loans.At these prices.Morgan Stanley is offering a 1% Under Prime Margin loan.But you better own less then 35% of your loan because of a Margin Call.They will give a loan of up to 50% value.But be safe.Still buying GOOG, as of last week when it hit 286.00.Now have 100 shares been buying 10 shares at a time.Average cost is 199.Have my fingers crossed for Big numbers from Yahoo on the 19th.If not Im out fast.GOOG reports on the 21st.There was a Analist on CNBC yesterday,stating the only help for Old Media Companies is Merger.