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Remember Media Stocks?

Recs

11

July 26, 2010 – Comments (11) | RELATED TICKERS: JRN , LEE , MNI

And do you remember when I asked on 7/14/10 if media stocks are telling us this rally is for real?

I know you don't, but that's OK.

p.s.

Here are today's returns for some of Media is HOT stocks:

LEE +9.75%

SBGI +9.54

SSP +7.63%

GTN +7.60%

MEG +6.26%

MNI +5.87%

ETM +4.90%

JRN +4.30%

BLC +4.06%

 

11 Comments – Post Your Own

#1) On July 26, 2010 at 4:30 PM, Momentum21 (94.55) wrote:

Yes...I do...

My favorite is NYT 

A little less volatile and I like the long-term for the brand. Not trading it, something I will hold for a bit. 

 

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#2) On July 26, 2010 at 6:18 PM, ChrisGraley (29.68) wrote:

I'm waiting for you to use the words "media is hot" again.

My red thumbs are waiting. ;)

 

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#3) On July 26, 2010 at 6:34 PM, dragonLZ (99.59) wrote:

Momentum21, I'm glad you found your favorite media stock. You know I love 'em all (and I do agree mine are a little more speculative).

Thanks for commenting, and Good Luck!  

 

ChrisGraley, don't worry, you won't be waiting for too long... :)

p.s. How about that ol' BONT today?

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#4) On July 26, 2010 at 9:20 PM, ChrisGraley (29.68) wrote:

BONT, CROX, PIER 1, RDN, there's plenty to choose from!

BONT climbed 11% today after a fall of almost 200% in the last few months.  

Crap usually floats a while before it sinks.

 

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#5) On July 26, 2010 at 9:37 PM, ValueDragonStyle (96.77) wrote:

I think you are very wrong abour RDN, just like you are wrong about BONT. I'll remind you of this when the time comes... :)

p.s. How can a stock be down 200%? Did you mean 50%?

 

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#6) On July 26, 2010 at 10:17 PM, Tastylunch (29.22) wrote:

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#7) On July 26, 2010 at 10:23 PM, fmede (< 20) wrote:

I think CGraley looks at the chart in the CAPS page to decide his tradings... he saw there that BONT is at 200% after falling from 400% and that is what justifies his math... lol

 

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#8) On July 26, 2010 at 11:50 PM, ChrisGraley (29.68) wrote:

200% was a strategic exaggeration. 

It's all good, dragon gets money by playing momententum and hopping in and out at the right time. I make money by looking at the fundamentals and make the same amount of money over a much slower time frame. I don't have to absorb the losses that he does though. Just about any stock that he gets high enough beta on to find interesting, I find to be a shorter's paradise in the game. I don't really short outside the game other than playing a few options. The game lets you short long term though, and I think that I can win in the long haul over momentum investing as long as he plays the high beta stocks. when he plays fundamentals and momentum at the same time, he might just get interesting.

and fmede, I red thumbed BONT at $12.41 on 3/24 and closed at $10.20 on 6/7 for like the 3rd time that I've shorted BONT.

My biggerst concern is if BONT or Talbots goes bankrupt first in the retail market.

You can't blame me for a little bit of hazing on the guy that invests with voodoo dolls and the magic 8 ball though.

It's all good fun and dragon seems to give as much as he gets.

 

 

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#9) On July 27, 2010 at 7:07 AM, ValueDragonStyle (96.77) wrote:

Chris, of course, it's all good and we are just having fun. I always liked your comments.

Tastylunch, that was priceless. Thanks. :)

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#10) On July 27, 2010 at 4:58 PM, dragonLZ (99.59) wrote:

I find it quite interesting that Media is HOT portfolio of 13 media stocks was up 2% today while the market was slightly negative (or flat at best).

SALM was up 19.64%

CMLS up 7.64%

GTN up 5.62%

SBSA up 4.27%

MNI up 2.65%

...

Impressive, I think (but not yet impressive enough for me to start yelling: MEDIA IS HOT...)

 

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#11) On August 24, 2010 at 5:51 PM, MegaEurope (21.48) wrote:

LEE has been crushed the last few months.  Against all my principles I just green thumbed it.

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