Skip to comments.If your mutual funds own newspaper stock, you may have a problem
Posted on 03/18/2006 8:33:10 AM PST by Grampa Dave
To Jim Robinson, admin moderator, please excuse this vanity.
This is the only way of warning Freepers that their mutual funds may be invested in stocks of our enemies and real potential losers, the stocks of the lying, spinning and probable dinosaur fishwraps or newspapers.
Since, GW was re elected, the stock values of many of the major lying/spinning fishwraps have been falling like a rock dropped in a ocean.
This past week has been a very bad week for many newspaper stocks with the reports of less subscribers and the NYT and TRB may have their bond rating lowered by Moody's.
Most Freepers would never knowingly invest in the stock of these left wing enemies. However, many of these left wing fishwraps appear to massively owned by institutions and mutual funds. These mutual funds are probably holding up the value of the Enron type newspapers with the precious $'s from their investors.
Often these mutual funds are in our IRAs or 401K's or similiar deferred savings or in college funds for our children and grandchildren. Investing in these dinosaurs probably presents a clear present danger to our precious investment $s.
The links below will take us to MSN's money central for NYT, TRB and WPO, the NY Slimes, LA Slimes/Chicago Tribune and Compost. Once there you can see the institutional and mutual fund ownership of each dinosaur fishwrap.
The above links will work for any company, just delete the 3 letter stock symbol at the end and enter the stock code for the stock/stocks you are interested in.
As noted in my post, please excuse this vanity.
This is the only way I know how to warn Freepers about these potentially bad investments.
If you feel this is of value please ping it to your ping lists.
Your relatives and friends might be interested in this and the links. I will be emailing to my email list.
This is not the usual thread I ping you with.
However, this might be very important re any mutual fund investments you may have.
Strictly Hi-tech for me...Got to put the money in what I know and love to do.
Ny Slimes link to institutional/mutual fund ownership:
To add to your list, the Washington Compost just layed off 80 people last week, lol.
That was my reasoning too.....
Link to Chicago Tribune/LA Slimes institutional/mutual fund ownership:
Below is the link to institutional/mutual fund ownership of the Compost:
I don't think so....
"Strictly Hi-tech for me...Got to put the money in what I know and love to do."
That is good, and I do it. However, this is one time I believe in diversity, diversity re investments.
You might be interested in this mutual fund, Vicex:
Vicex, Vice Fund Service from 1-800 Mutuals that invests in non-politically correct industries which may be 'recession-proof' such as alcohol, tobacco, gambling, aerospace, and defense.
That leaves still about 1,000 to go!:)
Pre-tax earnings yield = 10%
Pre-tax return on capital > 50%
PE = 12
Sounds like a buy to me.
One of my younger relatives, who is probably more conservative than I am, sent me that link.
It was very enjoyable to read their tales and tears of woe.
I kinda like animal experiment labs and mink farms too.
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