Scoop 44: Is CBS in Trouble?

Wednesday, February 18, 2009

scoop 44 Bob Mantz reports that (NYSE: CBS) is down another 3% today. CBS, which owns WFAN, was at $17.50 when Mad Dog Chris Russo left for SIRIUS. Today? $5.25 with its numbers being released at approximately 4:40pm today.

The Motley Fool announced some terrible news in its article, 2-Star Stocks Poised to Plunge: CBS?, "Based on the aggregated intelligence of 125,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, television broadcaster CBS (NYSE: CBS) has received a distressing two-star ranking."

So now what? The Blitz staff is running out of places to work (though we did turn down an offer for purchase of the site recently...). We really hope that CBS' numbers are not as bad as expected today. Let's buck this trend. Mike Francesa and all...

scoop, scoop44, nationalactionnetwork, ceuze, activ

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