pcyhuang

New York Times Co. - No End to the Pain in Sight

Instead of Using missiles and suicidal planes, a dark force may have declared war upon us. It has succeeded, or almost succeeded, in forcing to their knees some of our most venerable financial institutions like Bear Stearns, Lehman Brothers, Countrywide Financial, Fannie Mae and Fredie Mac, Washington Mutual and Wachovia Bank etc. Now it has perhaps turned its attention to the next icon of our public-media world -- the New York Times.


The charts show that NYT is trading at its 10 year low, and its put/call option open interest ratio reached the 100% percentile reading on July 15th.

<p>www.fotothing.com/phot...

<p>www.fotothing.com/phot...

<p>http: fotothing.com/photos/u...

Since the New York Times is one of chrished tradition, I hope that the threatened attack by abusise shorting will not materialize, or that the SEC will put a stop to it under its new anti-abusive-shorting rules.