re: Ann: Ten Network Holdings appoints Hamish...
Ten seems to be a bit of a billionaires' plaything. Board meetings must be excruciating - "so hard to get good help for $2 a day" ;-)
I do think LM will know much more than most about media, and would hate to underestimate him - but he may not be willing to sweat it like a mere millionaire might.
I've shorted this again today - with good fortune smiling on TEN - seems to be a good time to do so. TEN seems to be losing the critical mass you need to make good profits.
Hopefully I am wrong, and Ten goes on to do very well. . . after I have made a profit
GLTA
TEN Price at posting:
31.5¢ Sentiment: ST Sell Disclosure: Held