GateHouse Media, owner of the Neosho Daily News, lost its momentum from the end of closing Tuesday and a strong opening today, falling to 65 cents per share, down from 72 cents.
Things looked good when trading opened, with the price at 95 cents per share, but have fallen to as low as 62 cents.
7 comments:
Don't you think this is an unhealthy obsession of yours? Do you really think people who read this post want to know twice a day whether the stock price of GateHouse Media was up seven cents, or down 2 cents. I would think you would have better things to do.
Apparently, I am not the only one who is interested. I am receiving a considerable amount of traffic every day from people who reach my site Googling GateHouse stock prices.
You're right, no other site would have this information.
I'm interested. I am a resident of the Mohawk Valley region of New York state. Gate House owns three daily's published in our area as well as at least one weekly shopper and one free weekly.
When the end comes for this organization; sixty thousand or so subscribers won't have a daily paper.
On 11/21/07, Gene A Hall (some kind of GateHouse corporate officer) bought 12,500 shares at $7.98 per share.
On 05/21/08, Gene A Hall sold 12,500 at $4.40 per share.
He must have seen the writing on the wall to have taken a $44,750 loss within a six month timeframe.
Don't you wish Buzz typed with a stutter? That way you could distinguish which anonymous poster he is.
According to sources at some of their larger papers, they have been told to pay all of their bills late as all the cash is needed to pay loans and dividends. And their treasurer resigned.
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