Same old story lately with the Tribune, stock sets a new fifty-two week low again yesterday, and is looking like today will be no different, with another low.
How much lower does the stock price have to go before something changes? To just sit and try to operate out of this slump is not the answer.
Next Thursday the Tribune will announce profits for the last quarter, and may ask the CEO to retire, but then again they may not?
I have not listened to the old advive of not leaving all your eggs in one basket, so I will have to ride this out and hope for the best outcome over the long run.
One thing I would be very interested in seeing, is the profit loss margins for each property the Tribune owns and operates.
Yesterday at the Olympic Cafeteria the Otis Chandler tribute was played many times, but Thursday's are one of our busiest days at the newspaper, so we were only able to watch thirty minutes of the taped replay. Many employees would like to have a DVD copy for viewing at their leisure.
My ordeal with the Bicycle Casino and Cash System Inc. is still on going, can not believe this is going on for almost two months now. Will be happy when this mess is over, if it ever ends?
Kanani has given me many good ideas on what to take along for our vacation in Cozumel, Mexico next week. It's still very hot and humid there, so I will take her advice and bring along a ziploc bag for my few pair of shorts and tank tops, that I will bring with me.
This year will be the turning point for the Tribune, good news is over do for the company and all the employees across the country.
Stay Positive,
Eddie
ed,
ReplyDeleteCan you talk to someone and see if a portion of your retirement fund can be directed toward the S&P or another fund?
Kanani,
ReplyDeleteI have the option to move everything around from mutual funds to money market accounts, but thinking management at the Tribune would continue bringing in high revenues, I left everything in the Tribune stock.