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October 13, 2004

Sinclair Stock Dropping

Sinclair opened at $7.30 today.


Market Close Update: Ouch. Sinclair Broadcasting closes the trading day at $7.14, down $.15 from its previous close of $7.29, continuing a disappointing trend for the nation's largest independent television conglomerate.

The 52-week low stands at $6.87. Will loss of advertising revenue and public pressure against what the company calls journalism result in a giant sucking sound at Sinclair?

Posted by shamanic at October 13, 2004 02:02 PM
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"An odd point of view to say the least."
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Typing loudly from Atlanta, GA, since 2003.
Rather discuss it in person? Write me at shamanic@earthlink.net.
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