But over the past three months, GCI has slid only 9%, while BP is down more than 50%, according to Google Finance data, as displayed in the following chart. The broader S&P 500 index is off 7.8% during that same period. (Bigger, live view of chart.)
Friday, June 25, 2010
Reasons to be glad you're a Gannett investor
Gannett shares recently traded today for $14.95 a share, up a penny. Troubled oil giant BP traded for $27.58, down $1.16, or 4%.
But over the past three months, GCI has slid only 9%, while BP is down more than 50%, according to Google Finance data, as displayed in the following chart. The broader S&P 500 index is off 7.8% during that same period. (Bigger, live view of chart.)
But over the past three months, GCI has slid only 9%, while BP is down more than 50%, according to Google Finance data, as displayed in the following chart. The broader S&P 500 index is off 7.8% during that same period. (Bigger, live view of chart.)
8 comments:
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I don't see the correlation between BP and GCI.
ReplyDeleteBoth companies are in the news.
ReplyDeleteI was a Gannett investor when a single share was worth $93.00. I sold all of my stock at $60.00 per share. The stock is now $15.00 per share. Why would anyone be glad to be a Gannett investor?
ReplyDelete4:02 p.m.: Because I bought at $4.05 per share.
ReplyDeleteI was not as smart as 5:15 p.m., but I did buy 3,000 at $5.85 and sold half of that at $17.09 for s nice profit of $12,817 after commissions. With the other half still in the money, a bunch, I am a happy camper.
ReplyDeleteJust what Gannett needs...a bunch of investors who purchase stock for a short-term profit. Make your money off of Gannett while you can!
ReplyDeleteI did, and I am very, very happy. I like 8:18 made a bunch of bucks on the stock. But I too held a bunch, so what is wrong with taking a profit. Give me a break.
ReplyDeleteHey Jim how much common stock does Dubow own.(# of shares) and what options does he have or been given since 2007. Just wanted to know thanks
ReplyDelete