Stocks dont't move straight up, they go up & down! Does anyone remember about 2 months ago we were at $70 and then it dumped to $60? Well we went on a rally from there to a new high. This is a BUYING OPPORTUNITY! There was no news or heavy unusual volume, the weak were shaken out & gave up their shares. In 2 weeks we will back at $80!
When I listen to Stern in the morning, I frequntly hear him ranting about how much CVC sucks. I always wondered how bad Cablevision could possibly be to warrant such constant abuse. Well I have just moved into an area that is served by Cablevision and I am finding out the hard way what Stern has been talking about for years. In all the time that he has been ripping into CVC things have remained abismally the same. It sure looks like I'll be getting a satellite system and kicking Cablevision out the door ( and I'll be damned if I set foot into that rip off store The Wiz for my dish ). I am not alone in the way I feel about this shit company, many of my neighbors have the same venom and already own dishs.
Having customers as enemies does not add to the bottom line. Its incredible that this company's shares have gained value. I guarentee you that there are very few Cablevision customers that are shareholders, because they have first hand experienc on how pathetically this company is run.