As you know or should do by now, the rag Daily Mirror, that gave the unelected snot eating Prime Minister the idea of stealing pension funds, is owned by Trinity Mirror PLC.

And as you know, this site is firmly supporting a campaign for a National Boycott against the National and Regional hard copy newspapers because of the lies that they have spread and continue to spread about the patriotic British National Party.

Well I am pleased to announce that Trinity Mirror's share price continues to drop, despite the company's attempts to prop up it up by buying their own shares back.  Not working though is it.


And is it any wonder the price continues to drop when they come up with ideas like turning their Regional Papers into PR companies which has given the financial world a bit of a laugh.

Truth is, the communist NUJ journalists employed by Trinity Mirror Plc are not even capable of serving up hamburgers and fries let alone running PR companies.

We know regional newspaper publishers, making about a third less money than last year, are in trouble. But the stones under which Trinity Mirror is suggesting they look for new money show just how convinced it is that conventional news content can any longer be a money-spinner by itself...

However, what does worry me is the link between Trinity Mirror and local Government.  They have done a deal with Northhumberland County Council to set up and run 20 hyperlocal news websites.

In the first instance the duty of a Council is to provide a service to the people who pay their wages, not waste money setting up news sites that will only promote themselves.  Someone should really look into this undemocratic development and waste of ratepayers money.

If Trinity Mirror wants people to buy their rags and recover their lost circulation, which would bring back their lost advertisers, all they have to do is print the truth.  Not hard is it.

But like I said in the last report on Trinity.  If you hold shares in this doomed company, then sell them now.  You traders know the Golden Rules. Sell Losses - Run Profits.

I would welcome the opinions of any trading Technical Analysts/Chartists on what they make of the historic charts.

Last Updated ( Monday, 23 November 2009 11:35 )