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Investors flee Carbonite after Limbaugh announcement
The Daily Caller ^ | 3/6/12 | Jeff Poor

Posted on 03/06/2012 3:13:32 PM PST by Nachum

On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will “ultimately contribute to a more civilized public discourse”:

Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.

However, it hasn’t done much to contribute to his company’s stock price. Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points.

(Excerpt) Read more at dailycaller.com ...


TOPICS:
KEYWORDS: carbonite; duplicate; flee; fluke; investors; limbaugh; rush; sandrafluke; sandytheslut
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To: GeorgiaDawg32

I think she did mention herself in the conversation


21 posted on 03/06/2012 3:25:49 PM PST by funfan (and his crew)
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Comment #22 Removed by Moderator

To: Nachum
Carbonite must have been worried that the OWSers wouldn't buy a subscription to back up all of the free music they pirated from the web.

I sure hope their CEO and board were wearing condoms, cuz they just (expletive deleted) their stockholders.

23 posted on 03/06/2012 3:27:06 PM PST by 70times7 (Serving Free Republics' warped and obscure humor needs since 1999!)
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To: Nachum
Paging John Galt? Galt? Galt ? :-)
24 posted on 03/06/2012 3:27:49 PM PST by taildragger (( Palin / Mulally 2012 ))
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To: refreshed
Would you be so kind as to list their Rush values and post Rush values?

It isn't the initial reaction that hits a company's bottom line but the depth and sustained reaction that breaks their banks.

25 posted on 03/06/2012 3:28:43 PM PST by Nip (TANSTAAFL and BOHICA)
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To: Nachum

My Carbonite is good until the end of the year, I will probably change over then to Moxi


26 posted on 03/06/2012 3:33:04 PM PST by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: refreshed
AHHHH! A new advertising campaign!

Capital One... what's in your wallet - next to the government mandated rubber?

27 posted on 03/06/2012 3:33:36 PM PST by 70times7 (Serving Free Republics' warped and obscure humor needs since 1999!)
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To: HIDEK6

If I said beer goggles, would that provide a clue? /s


28 posted on 03/06/2012 3:34:58 PM PST by JoeVet (First rule of holes ... when you find yourself standing in one - stop digging ... unless ur a Dim)
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To: shankbear

29 posted on 03/06/2012 3:39:56 PM PST by InvisibleChurch ( go in peace , serve the Lord)
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To: Nachum
Pay for my birth control, but it's a private matter. You don't get to say anything. /s

Now really, if you're going to make your sex a national issue then I am going to confront you. If you can't handle that then get it out of my face!

30 posted on 03/06/2012 3:40:05 PM PST by conservativeimage (Civil War II)
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To: Nachum

I think Carbonite can access the info from your computer that they warehouse in a “safe” place, anytime they want to.

I wonder if Obama ever asks them to make “your” info available to him. Who would know? Would make sense that they’d advertize on a conservative program to have info from as many conservatives as possible. Brilliant.


31 posted on 03/06/2012 3:42:06 PM PST by Reagan69 (I supported Sarah Palin and all I got was a lousy DVD !)
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To: Nip

I will see if I can do something like that. There are much more capable people on freerepublic that can probably make it some sort of graph. I simply looked up each of the advertisers I saw listed and googled a stock quote for them.


32 posted on 03/06/2012 3:43:32 PM PST by refreshed
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To: Nachum

I wonder if their are those that support Rush that are buying “puts”...


33 posted on 03/06/2012 3:45:26 PM PST by taildragger (( Palin / Mulally 2012 ))
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To: Nachum

Carbonite - fluked again!


34 posted on 03/06/2012 3:45:26 PM PST by Iron Munro ("Don't pick a fight with an old man. If he is too old to fight he'll just kill you." John Steinbeck)
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To: refreshed
Unfortunately, it's a win/win for the rabid left.....a stab at Rush AND a blow to capitalism at the same time.

The CEO's making these calls will land on their feet, but people working to pay the bills will lose their jobs - all because of Democrats.

35 posted on 03/06/2012 3:45:26 PM PST by Mygirlsmom
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To: Nachum
Withdrew advertising because it will: “ultimately contribute to a more civilized public discourse”.

I am so sick of hearing that bull crap. The left is uncivilized and filled with hate not Rush or his listeners.

36 posted on 03/06/2012 3:50:45 PM PST by Bronzy (Send a NEWTron to Obama!)
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To: Nachum

Carbonite Clusterfluck


37 posted on 03/06/2012 3:52:10 PM PST by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: HIDEK6

She doesn’t nor will she ever.


38 posted on 03/06/2012 3:54:11 PM PST by bigfootbob
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To: HIDEK6
Having seen the woman, I have no idea how she gets so much sex.


39 posted on 03/06/2012 3:58:14 PM PST by Iron Munro ("Don't pick a fight with an old man. If he is too old to fight he'll just kill you." John Steinbeck)
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To: Reagan69

i was thinking that myself...Carbonite——Friend-—MoveOn.org-—media matters-—Obama. Nice list.


40 posted on 03/06/2012 3:58:14 PM PST by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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