Wednesday, August 6, 2008

The Observer-Dispatch Deathwatch: The Final Meltdown

Shares of the Observer-Dispatch's parent company Gatehouse Media soared today. Well, if you can call hitting 52 cents a share "soaring" with a straight face.

Sadly, at this point Gatehouse could probably double it's market cap by converting each share of stock into a tin of Altoid breath mints. Heck, even a Bubblicious Bubble Gum Party Pack goes for $2.74.