The New York Times, perhaps Donald Trump’s #2 MSM enemy after CNN, says they have seen a 10x increase in subscriptions since Trump was elected President.
From the election on Nov. 8 through Saturday, the Times has seen “a net increase of approximately 132,000 paid subscriptions to our news products,” the media giant said in an exclusive statement to CNBC.
“This represents a dramatic rate of growth, 10 times, the same period one year ago,” the statement said. –CNBC
I guess all it takes to boost subscriptions is a contentious election driving concerned citizens into the arms of the Gray Lady? With all the FAKE NEWS out there, who could blame them?
Of Note, Fly’s Exodus algo nailed the oversold condition on November 2nd, which was followed by a massive 19% run over the last 4 weeks. To put that in perspective, an investment of just $2600 in $NYT on November 2nd would have paid for an entire year of Exodus.
Today’s announcement couldn’t have come at a better time for the New York Times, as revenues have been effectively sideways for 4 years.
In the above Exodus chart, notice all those little spikes in the December quarter? Turns out it’s a good month for the NYT – up an average of 3.77%, 29 out of the last 42 years.
Let’s see if this Trump Bump™ will stick for the beleaguered New York Times. In the meantime, trade well and look out for FAKE NEWS.
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George Soros bought all the latest subscriptions to make the fake news NYTimes look good.
No I didn’t
NYT is real news u can believe in. Thats why Trump is President lol.
Republicans get scared they buy guns. Dems get scared they buy newspapers.
Drain the swamp.. Trump appoints Senate Majority leader’s WIFE to Secretary of Treasury. But then again anyone who has to see McConnell naked should be rewarded. Heard Christie’s wife was second choice. I’m sure there wasn’t any wink and nod on the appointment.
Ooops. Transportation.. not Treasury..
“The NYTimes — all the [fake] news, i.e. lies fit to print”
Not buying the 10x increase. Not buying it at all. The company who’s entire election coverage was completely bogus is rewarded with new subscribers.?
Why am I not surprised that no one at this web site reads the NYT, and that folks here can not believe anyone else reads it either?
For FAKE NEWS you really need to read this:
http://www.zerohedge.com/news/2016-11-29/martin-armstrong-exposes-real-fake-news-did-bbc-get-caught-fabricating-news-start-wa
If you believe the Old Gray Lady with Autism is ripping in “new” subs. You also believe illegals do not vote in the millions.
Correct. There were not millions of illegal aliens voting in the election, no matter what Right Wing fake news tells you. It just did not happen.
This must terrorize most of you.. the new Treasury Secretary Steve Mnuchin worked for Soros. Ahh.. the horror! I fear he might also be part of the New World Order. How’s that swamp draining thing going.. I’m sure those VA coal miners are overjoyed to see Wilbur Ross as Commerce Secretary. How many billionaire elite’s are now in Trump’s administration? Where’s the outcry now?