Big money dumping - Digg

[j6p]

http://digg.com/business_finance/Big_money_dumping_NWS_A_2

[Carole]

rotflol
I answered this once already, but it disappeared.

Hilarious! :D:D:D

[rachmiel]

http://digg.com/2008_us_elections/Ron_Paul_Supporters_Organizing_News_Corp_Stock_Sel l_off

[AceNZ]

I call BS.

The post seems totally bogus, and is very hard to believe -- I'll bet it's a misguided RP supporter:

-- People just don't announce the specific dollar value of a particular stock they own
-- Strange out-of-place explicit reference to how much money RP raised, with the give-away use of the term "record breaking"
-- A serious investor wouldn't announce that they're going to sell a stock before they actually do
-- I haven't heard of any advertisers agreeing to the boycott; seems very unlikely
-- NWS.A has dropped maybe 5% over the last few years; that's not exactly a "phenomenal" decline

[Carole]

Really??

Why don't you google NWS and see for yourself. :)

[AceNZ]

Really??

Why don't you google NWS and see for yourself. :)

I did before I posted; is there something you find surprising there?

Here's a chart that shows NWS for the last 2 yrs. It's down about 1 point since then -- about 5% -- with some ups-and-downs in between that certainly had nothing to do with Ron Paul. Yes, it's down 3+ pts since early October, but that's still not what I would call a "phenomenal" drop.


http://chart.finance.yahoo.com/c/1y/n/nws