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Saturday, January 05, 2008

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

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

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