Life is a Science Experiment
columnist: Michael McDonnough

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Reader Comments:

Posted By: ciborium
Date: 2008-01-01 19:13:45

Good to see we're having an effect!

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Posted By: tim
Date: 2008-01-01 19:20:46

Outfoxed: Rupert Mudoch's War on Journalism

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Posted By: laszlo
Date: 2008-01-01 19:33:11

what a great article not one but two thumb ups, happy new year and keep up with your entertaining articles your and ron paul fan from puerto vallarta p.s. watch out here comes soon DIEBOLD

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Posted By: rhys
Date: 2008-01-01 19:45:42

The stock sell-off is only a good idea if it can continue for long enough to scare institutional investors into selling. If it can't do that, then people will buy it when it's cheaper forcing the price back up.

But everyone can write to the Fox sponsors, there are lists floating around the internet, and boycott their products. This can be done indefinitely and with solid results. Every time you go shopping, don't by FOX sponsor's products and write them an e-mail telling them why their products weren't included in your purchased items. If sponsors drop the show, FOX will run like a roach with the light on!

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Posted By: Paul Jay
Date: 2008-01-01 20:01:07

Serves them right. I had a nice piece but dumped at first mention on dailypaul.com

Now I boycott their advertisers no more tacos 4 me. The bk place will be avoided. My wife is swiching from weight watchers.

So much for them being fair.

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Posted By: ryan
Date: 2008-01-01 20:04:17

Do you REALLY think this has to do with Ron Paul or FOXs overall incompetence and war-mongering.

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Posted By: Adam Ricketson
Date: 2008-01-01 20:10:11

Didn't this whole thing start over the weekend? If that's the case, then last week's decline is irrelevant to the issue here.

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Posted By: Darryl Schmitz
Date: 2008-01-01 20:11:56

Effectively boycotting advertisers' products will have the greatest long-term effect on the stock price. As advertisers realize that their profitablility is being negatively impacted by the unfavorable light cast on their products or services through association with Fox News, the stock will lose its appeal to bargain hunters and the underlying value will then begin to show signs of significant erosion.

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Posted By: rp2008win
Date: 2008-01-01 20:19:41

Keep up the corporate sponsors boycott, that will have the most effect. I have cancelled my AT&T account this evening and let many other sponsors know why I will no longer buy their products. The customer service representatives knew of the debate non-invitation. As a shareholder of Coca-Cola I will be calling their shareholder representative tomorrow to express my dissatisfaction. Make it be a financial issue for the sponsors to get through to FOX. Enough people together can achieve so much.

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Posted By: Goober W. Shrub
Date: 2008-01-01 20:35:08

Can anybody do anything about this one?  This is freaky:

http://www.rense.com/general79/sis.htm

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Posted By: Jeffrey
Date: 2008-01-01 20:41:50

Boycotting and informing sponsors seems more effective and grassroots for those of us who do own stocks.

BTW- can I get a confirmation from an expert in investing that there is a noticeable effect on the provided stock chart. I do see a decline but is it business-as-usual or has NWS "taken a beating"?

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Posted By: Tracy
Date: 2008-01-01 21:29:00

Well, yeah.

You've got to hit 'em all where it hurts.

The pocketbook.

I don't think they really understand anything else.

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Posted By: KirkH
Date: 2008-01-01 21:31:44

To be fair the whole stock market was down. I like Ron Paul but you should compare the stock price to the index as a whole.

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Posted By: mike montagne
Date: 2008-01-01 21:37:26

Way to go, Michael McDonnough.

THANKS!

One thing to add: Thanks to FOX disinformation, all those who want to ride this country into the ground by taking what they consider their fair cut (for nothing) are going to lose.

The only thing really going on here then is that FOX supporters are going to lose first. No way out. And that's just the way it ought to be.

It just may turn out that the only way FOX investors can bail "their" wealth out will be to vote PAUL.

People from all over the world will then realize that America truly *is* a GREAT place!

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Posted By: Jive Dadson
Date: 2008-01-01 21:54:43

The market price has zero effect on a company's earnings.   Depending on how they work their stock options, the lower price might even benefit exectutives there.

But what does it matter? Individuals do not have nearly enough stock to move the market price of a company as big a News Corp.  Only a huge hedge fund has that much selling power.

If you want to punish News Corp, you need to hit them where it hurts - in the wallet.  The way to do that is through their advertisers.

But what is more important?  - punishing Fox News or getting Ron Paul elected?  Keep you eyes on the prise.

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Posted By: Toast
Date: 2008-01-01 22:10:26

http://www.youtube.com/watch?v=oIO8B6fpFSQ

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Posted By: Jahbulon
Date: 2008-01-02 01:38:52

Punishing Fox News is a great idea.

We also need to get Ron Paul supporters elected as delegates, that way, in the electoral college, we can vote Ron Paul for president even if he loses the popular vote!

They cheat, so can we. Ron Paul Revolution!

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Posted By: Youssif
Date: 2008-01-02 01:40:24

Goober, Thanks for the link: http://www.rense.com/general79/sis.htm The article: ELRON – VOXEO: The Israeli Defense Firm That Tallies The Iowa Caucus is both eye opening and scary.  It author is in hiding after exposing the fact that the Israeli Defense Establishment counts our votes.   The Zionist Israeli Defense Establishment seems to be applying the following Stalin voting principal on US: "Those who cast the votes decide nothing. Those who count the votes decide everything."  Stalin 

In support of this independent journalist and true American Patriot, Christopher Bollyn, I used PayPal to send him a $100 contribution.  Bollyn's article is shocking, and he and his family are now in hiding and need our help.

 

Thanks again for bringing this matter to our attention.

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Posted By: Mark
Date: 2008-01-02 07:43:30

I just bought my TV at circuit city instead of Best Buy and I will buy my car next week at Chrysler instead of Toyota. I will not buy any product from a company that supports Fake News. Wake up people, fascism is here so lets do something about it.

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Posted By: paul
Date: 2008-01-02 07:55:44

Way to go everyone! let's take out the trash.

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Posted By: Koh Choon Lin
Date: 2008-01-02 09:33:54

Free market and blowback!

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Posted By: Michael
Date: 2008-01-02 10:35:51

Keep this momentum going! Faux News must be outted for what they are! A Neo-con government tool disguised as a credible news source. Boycott their advertisers and do not by any of their reporter's books! INCLUDING Judge Anthony Napolitano. If Napolitano had the guts to walk the walk of what he writes and says, he would support Ron Paul and dis-associate himself from these anti-American propogandists. If your going to lay down with dirty dogs, you're going to get their fleas.

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Posted By: Michael McDonnough
Date: 2008-01-02 10:54:29

Wow, checking back in at lunch time this Wednesday and it looks like someone took the legs out from under this stock. It is off 3% as of this post. Man thats got to hurt some.

everyone selling to try and get out first. I still put my guess that the bottom for this thing is about $18. I hope I am wrong but not too wrong.

 

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Posted By: Jeremy D. Young
Date: 2008-01-02 10:56:17

I have bad news guys.  The downward trend nearly matches the Dow Jones Industrial Average motion.

 http://finance.yahoo.com/q/bc?t=5d&s=NWS&l=on&z=m&q=l&c=&c=%5EDJI

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Posted By: Arnold
Date: 2008-01-02 11:23:11

Rupert!!!! Sell, sell, sell!!!!! lmao!

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Posted By: Michael McDonnough
Date: 2008-01-02 11:27:41

Looks like it has found its bottom at about $20 and not $18 as I had predicted. Well I am no Cramer. The automatic buys kicked in earlier than I had thought.

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Posted By: CharityAngel
Date: 2008-01-02 11:53:13

You need to update that graphic you have. Too bad you cannot have it showing the live action like what is on yahoo finance.

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Posted By: Alexis
Date: 2008-01-02 12:43:41

Why would they not invite him to debate? What is Fox News afraid of ???

http://familyforest.wordpress.com

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Posted By: phil
Date: 2008-01-02 12:54:55

Looks like some Fox fans may never "Heil" again!

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Posted By: Michael McDonnough
Date: 2008-01-02 12:56:22

Looks like Bear Sterns pulled their fat out of the fry with news of their rating giving NWS a projected earning of 25 cents per share in the next quarter.

I think the full impact of the Fox news advertiser boycott is not likley part of the Bear Sterns projected earnings estimate. The week is not over yet. 

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Posted By: Michael McDonnough
Date: 2008-01-02 13:21:27

At the bell NWS is down -2.49%

Not a great day or a great week. Down 3.44% for the week. The week aint over yet. I could end up right on my $18 estimate if the talk of the advertiser boycott overpowers the obvious Bear Sterns earning estimate number fudging. You cant earn if people stop advertising with your media company no matter how many things you aquire. It would be nice if people all over would just say enough is enough. I think we are to a degree already of course.

Reality is what we see and those who can control what you see can control what you think. That day is coming rapidly to an end when people are conditioned and controlled by mass media.

 

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Posted By: CharityAngel
Date: 2008-01-02 13:22:38

Since Disney and other companies are closely related, I think it makes sense that they are dropping the same as News Corp is. They are not as low, when comparing them, but the pattern is incredibly similar.

I have never watched the stocks before, but it is fascinating, especially when you have to wonder what in the world did they need to sell off their stock for? Did they need to liquidate because it takes more $$ to buy the same company then it did last year? It is very interesting, that is for sure.

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Posted By: are you freakin kidding me?
Date: 2008-01-02 13:51:27

This is dumb. If I thought there was any kind of volume behind this threat I'd be backing up the truck. The stock hasn't done any worse than the market as a whole. No way can any kind of sell off be sustained without bankrupting the seller. There is a LOT of support for any undervalued stock in a market like this. No one is taking a hit on their balance sheet for a lost cause. This is a propoganda stunt pure and simple. ANNOYING.

You people are freakin tools.

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Posted By: Xavier
Date: 2008-01-02 14:44:06

I sold 40 shares of Fox and contributed the proceeds to the Ron Paul campaign!

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Posted By: Drewkowski
Date: 2008-01-02 14:50:39

Paul Jay - I'm with you... The tactic of writing the company when you had the opportunity to purchase a product, but bought another one instead, is great. It functions as a constant reminder of lost business - especially if done en masse.

As far as fast food goes - BK >>ALREADY<< has people boycotting them!!! The CIW has a large, (In Florida, very public) boycott that looks to be picking up steam here. They successfully put the screws to Taco Bell a few years go. If their boycott can succeed against the taco WITHOUT Dr. Paul's supporters, imagine what can be done with ALL OF US too! I'm totally down with it.

(Besides, as a doctor, I don't think Ron would want us eating much of that lethal fast-food slop anyway.)

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Posted By: Jack
Date: 2008-01-02 15:38:06

You appear to be a disinformation specialist, since anyone who plays the stock market professionally knows that the recent dip in NWS stock is completely insignificant and irrelevant. It has NOTHING to do with Ron Paul. Stop trying to make people feel like something is being accomplished, and that FOX is hurting, because nothing is farther from the truth. FOX news will never feel anything from the small, recent dip in share price. What a joke.

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Posted By: Ted K
Date: 2008-01-02 15:48:49

This is silly, the amount of shares bought and sold today is not much higher at all than an average day.

The stock is down pretty much totally in sync with the market. I can't stand fox news but this is just a silly idea and it's just not possible for these guys to sell off enough stock to move its market price in any way at all. I don't think you understand how this really works, if you did you'd have looked at volume vs average volume and you didn't.

Seriously Michael this is silly and you're making us Ron Paul supporters look really dumb with this. NWS is down 3.5% over the last 5 trading days, the dow is also down 3.5%. So stop being silly.

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Posted By: Michael McDonnough
Date: 2008-01-02 15:52:28

At the moment this graph shows a red and white line where my article hits the google news.

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

Anyone know what that line means. I do not see any indicator that explains the meaning. 

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Posted By: Curtis
Date: 2008-01-02 17:03:36

LOOKS LIKE FAUX NEWS CANT HANDLE THE TRUTH!!!! GO DR PAUL...HEALING AMERICA!!!!

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Posted By: Jeremy D. Young
Date: 2008-01-02 17:34:02

The red and white line is the line for previous day's close.

Please pay closer attention to the general market trends, and draw a comparison between the Dow Jones Industrial average to see if todays stock motion is a result of factors unique to News Corp, or a general market trend.

Just put a check mark on the box by "Dow Jones".

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Posted By: Michael McDonnough
Date: 2008-01-02 17:44:44

Certainly it more or less followed the averages but it is also well below all of the leading indicators. I clicked on all of them and NWS is more than a full % or more below any of the leading indicators. The week is not over. Perhaps they will rebound but from looking at the sort positions on this stock my $18 prediction is a dollar more than the leading short position of $17. Someone indicated that Rupport owns most of the short positions at $17 so perhaps it has further to fall than I guessed.

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Posted By: JON
Date: 2008-01-02 19:33:39

COTTONWOOD TIME. STRING'EM UP BOYS.

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Posted By: Warren
Date: 2008-01-02 20:21:55

It is my opinion that seeing trend within just three days is not very unprofessional and overly optimistic. I wish I was wrong since really would like to see the FOX, (AKA "AmeriKanischer Beobachter") on knees but that will not happen. How we can actually act to spread the voice of the candidate the nation is not alowed to know more about? Is there any SINGLE, PARTICULAR link link which we can send to all our friends to spread it as further as possible if not too late already? I am not American but reside in US. Decent Americans if any left with respect and love to your country, ACT NOW.

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Posted By: Ted K
Date: 2008-01-02 21:41:20

Are you kidding me? You still aren't listening to reason and you didn't respond to my criticism about the average volume- volume is exactly the same as expected, no spike in selling has occurred at all.

over $1 billion in news corp stock changes hands every day on average

To significantly drop the price just for a short period of time you'd have to unload at least $1b in shares over a day or two just to kinda ding the price. This whole movement has raised $20m $50 at a time and you think these guys have billions in NWS stock. Seriously, come on.

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Posted By: Ted K
Date: 2008-01-02 21:47:14

and hahaha that "red and white line where your article hit" is yesterdays close.

if you can't figure that out, you should probably lay off the stock market commentary, seriously you are making us all look stupid. if i was an outsider looking in i'd say "wow they don't even understand a thing about stocks, how can they claim to have informed opinions on things like the federal reserve and the gold standard?" actually, i think the answer to that question is that they cannot.

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Posted By: Dan
Date: 2008-01-02 22:16:24

It all counts,keep your head down and keep moving.

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Posted By: Ron
Date: 2008-01-03 00:36:52

Who has a complete list of the advertisers, with addresses, e-mails,names, etc., on fox....please let us know so we can start a real verbal boycott.

Let's get it going, people....run them, and all the bad media sources, off the air.

RON PAUL 2008

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Posted By: John Kochis
Date: 2008-01-03 09:38:36

Do more than Boycott Faux News advertisers. - - Boycott the "Tapeworm". - - (borrowed from Catherine Austin Fitts, "tapeworm" refers to the colossal web of corporate infrastructure that we support with our commerce - the same fascist entities that oppress us and our liberty.........Faux News is only a tiny part of that) - - - What is more significant is our "collective market", the aggregate total of our annual budgets combined - "US" refers to American who support liberty (often RP supporters) - - - thinks $Billions of $Hundreds of Billions. That is our power. Where possible let us pull our business from the elitist corporate conglomerates and direct our dollars locally, especially to one another. -- - - Cut the tapeworm out of our daily commerce where possible.....

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Posted By: Sebas
Date: 2008-01-03 15:03:10

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Posted By: Sebas
Date: 2008-01-03 15:08:32

Here is the image I wanted to show:

http://img3.bizhat.com/4032/nsw1.jpg

Nothing else to add but:

Keep selling and boycotting ;-)

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Posted By: Clayton
Date: 2008-01-03 15:50:27

Al Gore would be proud. No offense. I am a Ron Paul supporter and I am also an avid investor.

Lets please be honest with ourselves. It is too soon to tell if we are having any effect at all. Look at a longer history:

Click here

This is just continuing the same trend they have been in for quite some time. Unless they break under 20 I doubt it means anything at all.

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Posted By: shagy
Date: 2008-01-03 18:20:47

Yes, this could either be the beginning or could be nothing at all. the dow is going down at the same pace, so it might be nothing. Don't get too excited, it could be potentially harmful to our campaign. YOu know?

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Posted By: JKF
Date: 2008-01-04 02:15:04

Yeah, righ.  Because all the RonPaulians had News Corp stock!  I guess they have already given up since it was not down on Thursday.  And I guess they hated the entire market on Wedesnday, since News Corp's decline was pretty much on par with the market's drop as a whole.

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Posted By: JKF
Date: 2008-01-04 02:20:40

ahhhh...I see.  I thought this site was actually a real site with actual ouranlists.  Not a site where completely ignorant people could write their own articles.

Again...it didn't go downThursday.  Why is no one tlaking about that ? Did you give up?

And what will happen in a few weeks when Ron Paul drops out of the race?  you've already lost Gravel and Kucinich.

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Posted By: Michael McDonnough
Date: 2008-01-04 20:54:21

It looks to me like that stock took a beating since I wrote this article. What was the cause when you consider that other news had them with an estimated 25 cents per share income next quarter and the boycott was the real news and the stock dropped.

 Call it what you want but it looks to me that others have joined the punishment phase of the stock dump but there are others that have purchased the short positions so it is likely to correct itself and I predicted that so what is your point?

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Posted By: Christopher Espinal
Date: 2008-01-07 22:41:53

Everyone here seems to love the fact that FoxNews's stock is crumbling. However, basic statistics tells us that Association is not Causality so you should probably research deeper!

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Posted By: No Name Supplied
Date: 2008-01-13 16:07:42

Gee, I wonder if NWS could dive all the way down to the OTC:BB, alongside United Airlines...?

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Posted By: Logical Premise
Date: 2008-01-25 03:19:47

...I cannot really actually believe what I am reading here.

*sighs*

I am sure you meant well with this article, and maybe if there were many, many more rich Wall Street Players who would support Dr. Paul your theory would be right. As it stands, however, I think you are reading a reaction from the stock that has little to nothing to do with the Ron Paul debate exclusion.

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