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<blockquote data-quote="The Other Side" data-source="post: 859068" data-attributes="member: 17969"><p>Clueless, </p><p></p><p>Murdoch had already begun buying back stock long before he testified. They were shoring up the stock, at the time of the hearing, he had 1.5 billion left to spend and added an additional 5 billion in an announcement that sent investors back into the buying mode.</p><p></p><p>As far as him holding his own, I dont know what you saw (if anything) but he and his son looked like clueless fools. Two CEO's without a clue to any facts. AS I said, they were both accused of WILLFUL BLINDNESS and that aint a compliment.</p><p></p><p>NWSA knows its in for hard times if more arrests and charges come down the pike and buying back stock will stop the bleeding.</p><p></p><p>People are not flocking to NWSA because its a good buy right now. Losing 7 billion dollars in market cap is a TON of money and I for one hope it loses 10's of billions more.</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 859068, member: 17969"] Clueless, Murdoch had already begun buying back stock long before he testified. They were shoring up the stock, at the time of the hearing, he had 1.5 billion left to spend and added an additional 5 billion in an announcement that sent investors back into the buying mode. As far as him holding his own, I dont know what you saw (if anything) but he and his son looked like clueless fools. Two CEO's without a clue to any facts. AS I said, they were both accused of WILLFUL BLINDNESS and that aint a compliment. NWSA knows its in for hard times if more arrests and charges come down the pike and buying back stock will stop the bleeding. People are not flocking to NWSA because its a good buy right now. Losing 7 billion dollars in market cap is a TON of money and I for one hope it loses 10's of billions more. Peace. [/QUOTE]
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