The 52-Week Low Club (GM)(C)(GS)(EBAY)(NT)(CC)(NYT)(TSCM)

November 10, 2008 by Douglas A. McIntyre

Sad_clownGM (GM) plunges on concerns about Chapter 11. Falls to $3.02 from 52-week high of $32.80.

Citigroup (C) get caught in fears that big financials will have to raise more money. Sells down to $11.05 from 52-week high of $37.50.

Goldman (GS) gets pushed down on same fears. Dips to $68.51 from 52-week high of $240.05.

Ebay (EBAY) shows the internet and e-commerce are not escaping the recession. Runs off to $13.38 from 52-week high of $35.12.

Nortel (NT) announced big losses and big job cuts. Moves down to $.90 from 52-week high of $19.42.

Circuit City (CC) goes bankrupt and falls to $.11 from 52-week high of $8.24.

The New York Times (NYT) takes big write-offs from falling value of assets. Drops to $8.62 from 52-week high of $21.14

TheStreet.com (TSCM) still dropping for a poor quarter. Sells off to $3.35 from 52-week high of $16.74. May be time to go private.

Douglas A. McIntyre