Cnet Stock Going Down!

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Dtnoip92

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#1 Dtnoip92
Member since 2007 • 119 Posts

Wether we as a communy is causing this, I have no idea, but Cnet is surely losing its price on stock

After a spike on Nov. 30 with 7.80, now on Dec. 3, it is 7.42. Down .38 points and rapiddly declining. I'm definately not a buisness person so I have no idea wether this was caused by Jeff's firing (probably not, but I'm hoping), I'm happy to see that those money loving bastards are losing.

Link: http://finance.google.com/finance?client=ob&q=CNET

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Kiuk

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#2 Kiuk
Member since 2004 • 2250 Posts

It could be

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rimnet00

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#3 rimnet00
Member since 2003 • 11003 Posts
2% is normal for something like this... at the end of the day? buisness as usual.
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Dark__Link

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#4 Dark__Link
Member since 2003 • 32653 Posts
yeah, that kind of fluctuation is completely normal... and the users could have absolutely no effect on that... unless a lot of them happened to be shareholders or had connections...
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rimnet00

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#5 rimnet00
Member since 2003 • 11003 Posts

yeah, that kind of fluctuation is completely normal... and the users could have absolutely no effect on that... unless a lot of them happened to be shareholders or had connections...Dark__Link

If a grown man is really that upset, lol.

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devilreyes

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#6 devilreyes
Member since 2006 • 170 Posts
The loss of ad revenue would be more of a factor than a couple of bad days of negative press. Most investors don't seem to care wether or not Gamespot has any "credibility" as long as it reaches it's target advertising audience.