AP - Santa Cruz - 27 Jan 08 18:00 - Recent huge growth in the BlogShares stock market has fueled rumors of a systemic problem with the market. Gains on the order of 25% have been realized since last Friday's news of a crash broke. Some individual stocks are up tens of thousands of percentage points.

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Game Director Suburban Wolf could not be reached for comment. Through his spokesman, Director Island Dave expressed optimism that the future of the market was "bright and sunny."

Despite the comforting words from Island Dave, we can report that all is not well with the market. An anonymous source intimately familiar with the inner workings of the market, who asked not to be named because he was not authorized to speak with media, said, "We're [expletive deleted]! We're totally [expletive deleted] man! We are so [expletive deleted] that the word [expletive deleted] doesn't even begin to describe how [expletive deleted] we truly are."

Only time will tell, but the recent volatility in the blogs market would indicate that troubled times may be ahead.

by gic [Comments (2)]

AP - 2 hours, 44 minutes ago - BlogShares ended a tumultuous week with a sharp decline Friday, backtracking following two weeks of stunning gains as investors turned cautious and cashed in some of their winnings.

Pundits on the afternoon business channel programs unanimously declared a profound shift in market dynamics. "It's as if blog valuations have been turned on their ears," said analyst Ken Adams on the Fox Business Channel's Neil Cavuto show. "We don't completely understand the phenomenon, but it's clear that the business cycle has shifted."

Once mighty Wonkette and it's affiliates were among the first to feel the pain, with values dropping precipitously through early after-hours trading. Rumors place the losses somewhere near 90% before all is said and done, and cash flow for these companies appears to be severely restricted.

Rob in China, spokesman for the Blogshares Securities and Exchange Commission, could not be reached for comment. Exchange director Suburban Wolf, meanwhile, deferred comment until after his pedicure.

by MrPilot [Comments (1)]

November 19, 2007   What a Week!
October 29, 2007   Heads Up: The 2007/2008 Town Hall Meeting
October 23, 2007   Changes Ahead!
June 14, 2007   Equipment On The Way
April 28, 2007   A Bright Future Ahead

More BS...