Paul Supporters Fight Back-- Dump Fox News Stock Intent on Sending it Tumbling

[Demeter]

OpEdNews

Original Content at http://www.opednews.com/articles/genera_rob_kall_080104_paul_supporters_figh.htm





By Rob Kall


Striking back at Fox News for leaving him out of a debate in New Hampshire, Ron Paul supporters have dumped their holdings in Fox News. The graph shows their success.









Michael McDonnough comments,

This is fair compensation to Fox in my opinion for their slighting of Ron Paul by not inviting him to the Jan 6th forum sponsored in part by the New Hampshire Republican Party and Fox News.

From what I have read of the boycott effort it will include all advertisers that are currently sponsors of Fox news as well as encouraging the sell off of NWS stock for the forseable furture. The stock was kind of a dog from what I have seen so this is not going to help the situation for certain.

Fox has been most biased and unfair to Ron Paul and that is quite clear. This might be a further lesson for Fox News in what Dr. Paul referenced in that now famous first Fox Republican debate as what the CIA teaches and talks about. Blowback. I think he called that one. I hope that holders of NWS are short calling their holdings at about $18 that would be my bet.

Glen Greenwald comments,

News Corp. stock has been declining steadily for the last three months, but the plummeting of the last several days is more severe.

Fact is, when presenting statistics on Republican candidates, Fox News routinely fails to include Ron Paul as a candidate. The Paul campaign seems to have good reason to take steps to attempt to correct the injustice.

Perhaps this Republican and his supporters can teach a lesson to progressives who have long been unhappy with Fox News.

[L0oniX]

1. Anything that brings down FOX is good for this country.

[LoZoccolo]

2. That's actually kinda stupid and won't work.

You can temporarily bring a flood of supply into the market like this, but it will do little to affect demand in a market full of people who don't really care about Ron Paul being in the debates, and who will eat up this stock at the bargain given to them by the Ron Paul supporters.

[supernova]

3. True enough, but

if it sends Roger Ailes scrambling for a quarter or two, it could be worth it.

[Demeter]

5. It's a Matter of Timing

You have to hit a corporation when it's on its knees already. In a couple of months, they all will be. Except Blackwater and Halliburton, most likely.

[FREEWILL56]

4. So should we dump our Disney stock because ABC is screwing off DK?

I don't know about most Democrats, but I don't have stock in anything. If Dems do have such stock then they could do this to them. Somehow I don't see that happening with enough Dems to care about a fellow Democratic candidate being screwed off to do such a thing for him as the pukes have done.

[BobTheSubgenius]

12. IMHO...

...people should dump any stock they own in companies that have values inconsistent with their own. To do otherwise is hypocritical in the extreme. In fact, how would that be acquired in the first place?

[sendero]

6. Without adjusting....

... for the drop in the overall market, which was large last week, those numbers mean nothing.

[Demeter]

8. But That's Where The Power of Advertising Comes Into Play

By trumpeting their "success", whether it's actually due to their attempts to manipulate stock prices (sounds like dangerous ground, there) or due to the overall collapse of stock values in this Greater Depression we are starting, they get the credit with the public and the company, the respect, the fear. It's right out of the Rove playbook.

[wcepler]

7. This is the appetizer -- next comes the banquet

What visual proof that boycotts and similar power of the people economic strategies ACTUALLY WORK!

More, more, more, more, more . . .

[MasonJar]

9. Yes, dump Disney. I will never again give Disney a cent of my money, after they

insisted on running that outrageous anti-Clinton, anti-Madeline Albright, anit-etc. television show just prior to the elections of '06. My memeory is long when it comes to corporations, which screw the American public. Even though I like Charlie Gibson, I never ever watch ABC anymore. They are just below Exxon on my black list!!!!!!! (Oops! make that just below AT$T)

[Sam Ervin jret]

10. Doesn't Fake Noise know the libertarian's are the ones who watch their programming.

The evangelicals have their "money caller's", I mean preachers, on the t.v. all day and are at church the rest of the time.

Know your role Fake noise!! And your audience.

[BobTheSubgenius]

11. Whaaaa.....????

"Fox has been most biased and unfair to Ron Paul..."

Yet so fair and balanced in every other case.

[grantcart]

13. Think about where this could go

The attempt to get back at Fox thru stock dumping will of course have absolutely no effect. So where will Ron Paul and all of these fellows with lots of money time and passion go? Think Nader. Fox has finally given Ron Paul permission to take his millions and his little cult with 10% of the republican party and run as a third party.

This can't get any better.

November 08
Democratic Ticket 61%
Republican Ticket 32%
Libertarian Ticket 7%


They could get so pissed off they may want to stay out there for 2-3 election cycles. Maybe they never come back. Without that little group in the republican party the red states will be reduced to Utah and Idaho. Arizona could switch back and forth to the Libertarians.

What a legacy George Bush. Landslide of historic proportions. Only a man of "God" who speaks to him directly could ever achieve anything so historic.

[Demeter]

14. You Are Reading the Tea Leaves With Discernment, Grant!

Your scenario is not only plausible, but probable. That I should live long enough to see this! It will be glorious.


The thing I've learned about not-very-smart people is they try to bully their way through life, and if you point out the flaws in their little plans for world domination, they get more stubborn and make even more foolish mistakes. It's a pity, but I'm learning to exploit these weaknesses to redress the balance of power. Kind of a jujitsu of the personality.