The New York Times Company (NYT)

Strengthening Public Sentiment Likely

Print journalism is all but dead, the survival of this company depends on their ability to transition all their advertising and readership onto the Internet while still managing to make a profit. I doubt that's possible. The problem is made worse by the company's increasing lack of credibility in regards to not covering certain issues related to the current president and his friends.

This might be a case of picking the best house in a bad neighborhood. I like that they are cutting jobs at the New York Times and playing hardball with the Boston Globe. The dividend yield is highly attractive and the stock is trading for less than half of sales. I don't think that NYT will find a way to save journalism. I just think that they will manage their decline better than the others. Anyway, they report their Q3 results on Thursdays. We'll see what else they've been doing to save the ship.

cnbc.com 20 Stocks with the Biggest Potential To Drop target price: 6.5

buffett says short!

Going out of business, slowly. Irrelevant today.

The paper is somewhat arrogant, believing in their own wisdom when they almost went bankrupt last year. Their group of loyal readers appears to be shrinking with their revenues. Since costs don’t ever seem to shrink, profits must eventually fall. The paper has benefited from the advancement in the market since March, but this only provides a good shorting opportunity, since you need the pop before the drop.

The NYT doesn't understand "new media". They are losing readers at an alarming rate. More and more people are getting their news from radio and various on-line providers because they are more interactive. Anyone born after 1990 has no use for a newspaper.

NYT is losing circulation and faces rising costs. has not successfully found a premium format online.. already had one bailout from Carlos Slim. how many more bailouts can NYT get?

This is a long term underperform. This once great newspaper has changed to a poorly managed left wing rag. How can you expect a news paper that constantly trashes Corporations and Capitalism to have a clue when it comes to making a profit for themselves. Paul Krugman consideres himself an economist. He is not. He is fascist (Look it up, then read his articles). Then there is Thomas Freidman who also thinks he is an economist. This is a guy who thinks that we should raise gas taxes because our gas is cheap compared to Europe. He also views himself an expert on the environment. The sky is falling global warming crowd loves him. Maybe the NYT should get public funding like another left wing propaganda machine... PBS. You know, the Bill Moyers anti-capitalist message boy. Our taxes keep that guy on the air. I keep shoerting thhe NYT and keep making money. They had a recent run up. They are ready to fall again.

Its called the internet.

Yes I am re-picking this to accuracy farm, deal with it. Previous pitch that still holds true...

"This is a two fold play.

On the short term note, this stock has been rolling over and has broken its support from the March 9th lows. This has rallied a termendous amount recently and I'm not buying it. I think this is an excellant entry point for a quick short.

For the longer term, I'm not buying it. Newspapers are a relic of the past, they are becoming less and less important as the internet age continues to take over the world. I do realize NYT also is involved in many other areas of media that will continue being strong in the future, but the face of this company is the New York Times, and it's importance and revenue is deminishing."

goodbye

The New York Times Company (NYT)
The Company is a diversified media company that currently includes newspapers, internet businesses, television and radio stations, investments in paper mills and other investments.

Uhh, "diversified media company that currently includes newspapers...radio stations, investments in paper mills and other investments." Basically all the media that no one needs anymore (or wants). Plus they just took a loan from a 7% owner in Carlos Slim for 250 million dollars. Article here:

http://www.nytimes.com/2009/01/20/business/media/20times.html

Balance sheet doesn't look to good either, as they have around 2 billion in debt. No tangible tangible assets (actually negative 200 million).

Income statement? Nothing good here either. What did they earn this year then, you might ask. Well, they lost 57 million dollars from continuing ops, or 0.92 cents a share. Womp!

They do have some goodwill though, and probably won't go bankrupt in the future. Which is a good thing, in my opinion. Short right now and you will be fine. 2 to 8 year underperform, and we'll see from there.

Prosperity is yours,
assafer

Although I believe this stock was dying beforehand, I decided to short it on the after-hours news that the employees voted to continue shearing a naked sheep during the winter storm.

I sincerely believe this stock can score a perfect ten on a dirt-nap nosedive and earn me my first bankruptcy lucky charm.

I sincerely apologize to all those whose livelihoods and fortunes will be lost in the process for making the previous sincerely foolish and insensitive comment.

Reading is overrated. It suxs

Aside from the risk of a bail out, or take out at a premium, this is an obvious short. Willing to take some more pain. Started CAPS late and the short was ill-timed. No pain, no gain.

Well, just thought I would follow what Warren Buffet says... Will not buy into newspapers at any price.

Newspapers are old school. Their readership is never coming back. Either they need to go totally online, or they will die. It will soon be too late.