Sign Up | Log In | What is SocialPicks?

Good Investment Ideas By People You Trust

SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.

Are you a stock guru?

Share picks & earn reputation

1 point posted on 01/30/09

78%

Bradley Sugarman:

+79.27%
risk: conservative

NYT - history in the making

The New York Times on 1/23 had a its credit rating cut by Moody's on the basis of expected poor future ad revenues.

Executives said Wednesday that the decline in digital advertising revenue the company saw in the fourth quarter was primarily attributable to the economic downturn, with much of the drop-off coming from the help-wanted classified category.

Thursday - New York Times Co. recently made a drastic cut to its quarterly payout.

Related to:

NYT

The New York Times Company

Comments (1)

Add Comment

Bradley Sugarman

78%

1 point commented 310 days ago reply

After reports of the cut to quarterly payout on Friday the stock equity lost 10%.

Friday results: 35% increase in returns on $5.00 Puts in 3 days.

Your Comment

The New York Times Company (NYT)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

21.0%

Top:

0.0%

TODAY'S HEADLINES

LDK Solar's Growth Potential Offset by Gross Margin Pressure
by Paul Cheung (Zacks.com) about LDK

Cisco Systems Still a Wait and See
by Thomas Catino (Ant & Sons) about CSCO

The Merrill Lynch Diet: Starving Shareholders
by Zack Miller (BloggingStocks) about MER

Until Housing Improves, Don't Expect Stocks to Rebound
by J.D. Steinhilber (Agile Investing) about SPY

Google Blows Q2: Multiple Compression to Continue
by Henry Blodget about GOOG

... more »

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.