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The McClatchy Company Message Board

  • longtimefollower longtimefollower Aug 1, 2012 5:07 PM Flag

    Can't believe we're back down to $1.58.

    Glad I sold some at $1.90'ish...but wish i would have sold more. (Actually bought some back at $1.64'ish, yesterday.)

    Not sure how low this can go. Seems oversold enough, in the $1.50's...with the relatively stable cash flows and all (even if revenues continue to fall).

    It's not going to zero anytime soon...and getting more pension breathability allows for continued material debt paydowns, as far as the eye can see. Eventually, that would seem to "force" value creation here...unless revenues keep dropping 5% or more, year after year after year.

 
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