Sinclair stock continues its slide

[LTR]

You can follow it here:

http://finance.yahoo.com/q/bc?s=SBGI&t=1d

Currently, it's down $0.06:

Last Trade: 7.32
Trade Time: 10:03AM ET
Change: 0.06 (0.81%)
Prev Close: 7.38
Open: 7.37
Bid: 7.32 x 400
Ask: 7.34 x 100
1y Target Est: 11.00

Day's Range: 7.32 - 7.45
52wk Range: 6.87 - 15.43
Volume: 18,270
Avg Vol (3m): 322,500
Market Cap: 625.33M
P/E (ttm): 17.43
EPS (ttm): 0.42
Div & Yield: 0.10 (1.36%)

[merh]

1. Ah, ain't that a pity! (NOT!)

couldn't happen to a better corp! :nopity:

[JuniorPlankton]

2. Don't get overexcited

The market is down today. This move is not idiosyncratic (special to Sinclair.)

[billybob537]

3. If you understand "Selling Short "

you could do a lot of damadge and make a few bucks at the same time.
It's a simple process wherein you sell stock you don't have, then replace it with newly aquired stock after the stock in question falls. ( I'm not sure what the legalities of this are?)