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The McClatchy Company Message Board

  • newspaper_advertising newspaper_advertising Aug 6, 2012 2:20 PM Flag


    I can't believe I own stock in this company and at an average of $1.80 to boot. Why? How could I have believed that revenue was finally going to level out and that the price at $2 a share was a bargain. Call me a sucker, I have made a lot of money on this one (usually to the downside) but being long here hurts. I will not buy any more, but fear that this company has way too much debt and liabilities on the pension side to ever see the light of day.

    I will sit idly by and watch this disintegrate before my eyes. Shoulda just stayed the hell out of this. Our studies show revenue is off by more than 4% on the print side thru the first four weeks of this quarter. Warren Buffett, where are you? Load up on this, please.

17.32-0.28(-1.59%)Aug 24 4:02 PMEDT