07-18-2011, 01:34 PM
Could be a good call. Scandals like this always seem to dump a company's stock but they invariably recover since the scandal rarely has any real long term negative financial impact. Once the news of the scandal dies down the investors just come flocking back.
I don't really have enough concept of Newscorp's long term objectives to want to invest in them long term but a short term dip-and-bounce could be good.
I don't really have enough concept of Newscorp's long term objectives to want to invest in them long term but a short term dip-and-bounce could be good.