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Non-Tech : NYT: New York Times Co.
NYT 56.82+1.3%3:59 PM EDT

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From: pcyhuang7/25/2008 2:11:00 AM
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New York Times and Naked Shorting

Instead of Using missiles and suicidal planes, a dark force may have declared war upon the western world. It has succeeded, or almost succeeded, in forcing to their knees some of our most venerable financial institutions like Bear Stearns, Lehman Brothers, Countrywide Financial, Fannie Mae and Fredie Mac, Washington Mutual and Wachovia Bank etc. Now it has perhaps turned its attention to the next icon of our public-media world -- the New York Times.

The charts show that NYT is trading at its 10 year low, and its put/call option open interest ratio reached the 100% percentile reading on July 15th. (The same set up before the Bear Stern's demise)




Since the NYT is the gate keeper of some of our cherished values, I hope that the threatened attack will not materialize.

Cheers,
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