NOOF: What's the inside track? Gonzo? Anybody?

EmporerEJ · 11-24-2009

So, to revive an old thread, rather than make a new one-

Now, come last annual conference, in August, New Frontier Media announced the plans for a stock buy back program, since the stock is in the crapper.

Guess what...that's just what they are doing. As the stock drops, along with their earnings, they are buying back chunks of stock. They recently lost one of three channels on Direct TV, and earnings are down across the board on all departments.
(They also don't seem to want to talk about this)

The Direct to consumer division, which includes their website ten.com, has been losing money steadily for several years now.

Thoughts? Analysis?
Anyone want to discuss deeper?

11-24-2009	#10
EmporerEJ Brilliant Innoventionalist and writer. Join Date: Dec 2003 Location: USA, Northern Hemisphere, Terra, 3rd of nine, Sol System, Milky Way Galaxy, Far from Galactic Core Posts: 2,260	Re: NOOF: What's the inside track? Gonzo? Anybody? So, to revive an old thread, rather than make a new one- Now, come last annual conference, in August, New Frontier Media announced the plans for a stock buy back program, since the stock is in the crapper. Guess what...that's just what they are doing. As the stock drops, along with their earnings, they are buying back chunks of stock. They recently lost one of three channels on Direct TV, and earnings are down across the board on all departments. (They also don't seem to want to talk about this) The Direct to consumer division, which includes their website ten.com, has been losing money steadily for several years now. Thoughts? Analysis? Anyone want to discuss deeper? __________________ Eric J. White VirtualSexMachine.com