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For a contrarian, this may sound like a buying opportunity for stocks like the New York Times, or even Gannett (GCI). We believe the market is painting the true picture, however, with the continuous selling of these shares. The transition from print to the web may come full circle one day, and for brands like the NY Times, it may take a lot of shuffling and price adjustments to get there.
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For a contrarian, this may sound like a buying opportunity for stocks like the New York Times, or even Gannett (GCI). We believe the market is painting the true picture, however, with the continuous selling of these shares. The transition from print to the web may come full circle one day, and for brands like the NY Times, it may take a lot of shuffling and price adjustments to get there.
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