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Wow charter sucks

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Jan. 24th, 2009 | 11:50 am

Charter's stock price

I had no idea their stock price sucked so bad. 2007 It was $3/share, start of 2008, it was $1.5/share, its now at $0.08/share.

I wonder if someone will buy them, or if we can walk into their abandoned central offices take them over.

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Comments {2}

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from: n5red
date: Jan. 24th, 2009 11:37 pm (UTC)

With a market cap of $34M, it wouldn't be all that tough to take over.

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Diane Trout

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from: alienghic
date: Jan. 28th, 2009 04:45 pm (UTC)

Well the down side to taking over charter is their assets - liabilities = -$8.8 billion. So wouldn't taking them over put the new stockholders on the hook for that liability?

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