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<blockquote data-quote="The Other Side" data-source="post: 858933" data-attributes="member: 17969"><p>The stock soared?? You must be truly clueless.</p><p></p><p>In the last 4 days, News corp has lost 7 billion dollars in value! Its 52 week high was just below 19 dollars a share and was down as low as 13. Its up only because NEWS CORP invested 5 billion dollars in its own STOCK making the stock rise.</p><p></p><p>When the smoke clears, investors will abandon this stock and sink it into the 10 range costing Murdock close to a trillion dollars. As McDonalds says "IM LOVIN IT".</p><p></p><p>Its rise of 5.3% is a direct result of its own stock buyback. Murdoch sees the handwriting on the wall, his stock is about to hit the wall.</p><p></p><p>Get out while you can is the word on the street! </p><p></p><p>The stock close a little over 15 dollars a share. <a href="http://www.bloomberg.com/news/2011-07-12/news-corp-plans-to-buy-back-5-billion-of-its-shares-over-next-12-months.html" target="_blank">http://www.bloomberg.com/news/2011-07-12/news-corp-plans-to-buy-back-5-billion-of-its-shares-over-next-12-months.html</a></p><p></p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 858933, member: 17969"] The stock soared?? You must be truly clueless. In the last 4 days, News corp has lost 7 billion dollars in value! Its 52 week high was just below 19 dollars a share and was down as low as 13. Its up only because NEWS CORP invested 5 billion dollars in its own STOCK making the stock rise. When the smoke clears, investors will abandon this stock and sink it into the 10 range costing Murdock close to a trillion dollars. As McDonalds says "IM LOVIN IT". Its rise of 5.3% is a direct result of its own stock buyback. Murdoch sees the handwriting on the wall, his stock is about to hit the wall. Get out while you can is the word on the street! The stock close a little over 15 dollars a share. [URL]http://www.bloomberg.com/news/2011-07-12/news-corp-plans-to-buy-back-5-billion-of-its-shares-over-next-12-months.html[/URL] Peace. [/QUOTE]
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