When considering shorting a Television network do as I did, and assure yourself that you are at least a month infront of the laziest section of all analytical desks.
a) Ring the Advertising Dept, ask them if they have any deals going cheap for next year. b) Ring as many big advertisers as you can to see if they would advertise on a show (make it up) tell them it will be on TEN, guage their reactions c) Check the ratings recently and see if anything is going backwards in the programming.
Then take a look at the charts and go short 80,000 at $3.42! I have been three weeks in front of this collapse now!
$1.89 Seriously has potential
TEN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held