Haha Rupert Murdoch...you fucking prick! (A stock chart of News Corp)

[Lucky Luciano]

:bounce::bounce::bounce::bounce::bounce::bounce:



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[LittleApple81]

1. nice. nt

[4lbs]

2. It really won't hurt him too much. He'll just layoff 1000 people at News Corp. and write off the

losses on his taxes, meaning the American taxpayer gets screwed indirectly.

[Lucky Luciano]

3. I can assure you that he is quite annoyed that his 306MM shares

have lost $5.4B leaving him with about $2.0B in NWS shares. As a bonus, we can hope that he pledged those shares as collateral to be used to buy other shares in other companies using margin. If those stocks got crushed, then Rupert may be totally crushed!!! In other words maybe he has been getting hit with very large margin calls (which may explain why is stock has been so pummelled with forced selling?) forcing him to sell his stake to cover what the brokers demand from him. Please let it be true!

Aubrey McClendon used to own 34MM shares of Chesapeake Energy (CHK) when the stock was around $70....when the energy bubble burst his stock got driven down below $20 at which point he received a rather large margin call forcing him to sell all but 2MM shares - what a quick fall! We can only hope a similar thing is happening to Rupert.