Friday, March 19, 2010

Time to Short ABC

I try to limit my remarks to Information Technologies and general finance topics. This, however, is too tempting.

If ABC were sold as a separately traded stock, I would be shorting it now. Christiane Amanpour will be leaving CNN and joining ABC. Unfortunately for me, ABC is part of Disney and Disney is much to broad and diverse to be brought down by this. So, shorting Disney is pointless.

But for ABC, let the ratings slide begin!

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