Internet is killing traditional TV, page-12

What makes you say that it's position is not as bad as other stocks?

Make no mistake Ten is within an inch from a equity wipeout event. It is literally losing tens of millions of dollars a year and it's about to lose the Big Bash (given it can't afford to pay a lot for rights) which was actually making it lots of money (while overall it is still losing heaps). It's a totally dire situation and hence the share price is rapidly heading to zero. There really is no prospect of an earnings turnaround given FTA revenue is declining, and Ten's audience share will likely start to drop after its epic failure recently with Biggest Loser - the vicious cycle of not being able to promote your upcoming shows given nobody is watching the current one.

Be careful accumulating, the warning signs are clear as day!