
Stock Market Boom
Competition in the News Media
New businesses
DOBNI's lackluster performance
Coast Guard Scandal
Stock Market Boom
An incredible rush of buying orders from "real" investors sent the Stock Market soaring during July. By this magazine's deadline, the Cyberian Stock Exchange seemed poised to pass the ~40 mark, even though the beginning of the month was a time of uncertainty for the Stock Market.
Despite slipping stocks such as DOBNI and MDA (due to scandals and lack of production), many related stocks soared. DOBNI's rival the Malan Post went into new heights on the aftermath of an endorsement from the President and an award from this newspaper for their great graphical work.
The return of the President to an investment portfolio brought hope into the minds of investors as many stocks began heating after the second quarter earnings reports.
Then, a tobacco importer spent enough money to buy ~100,000 shares in Cyber Airlines, throwing it above the ~100 mark, making it the first stock to hit double-digits.
That lead to another, smaller buys that pushed the CSE closer and closer to the ~40 mark. This trend has economists predicting a CSE in the triple digit range by the end of the year.
Well, as DOBNI's slide left open a vacuum for aspiring newspapers, the News Media opened up to greater competition. The Malan Post has become a "semi-daily" with a column every week "on Commonwealth Politics." The Cyberia Today has spread rumors that it may start a weekly newspaper called "The Cyberian Weekly." Finally, Tim Dunkin, currently the nominee for Defense Minister, opened up the international Micronational Monitor, a largely daily newspaper.
This new competition may bring prices lower for the consumers. To note, the Cyberia Today has announced a ~3.25 rate for its magazine. It also has a subscription rate of ~35 a year.
Several new businesses have opened up in the last few weeks. A tobacco importer, a telecommunications company, two newspapers, and a deli shop. The Kerns Corporation even announced the reopening of its real estate division. This shows a growing economy and the rebirth of a strong capitalist (in most cases) spirit.
DOBNI, which has left along with Rosario (after failing to get a Court ruling to his liking), was on its way out even before the verdict in the Cyberia v. Rosario case.
It stopped production on June 26, angrying many subscribers and loyal readers, considering its ~18 million profits in the last quarter. It then was wrapped up in a scandal regarding smuggling weapons to the Communist regime in Sementia. Finally, it was labeled a "tabloid" by the President, a once loyal reader.
Its stock hit a high of ~20.4 on the back of those wonderful quarterly earnings reports. However, it immediately fell into a decline as the scandals and failure to publish anything mounted. It hit a low of ~18.92 before it was destroyed by the temper of its owner, Mike Rosario.
Mike Rosario landed himself in yet another scandal. He convinced MoD Chris Loutradis to violate a contract signed by the President and hand over ~375 million in cutter contracts to Rosario's company. Finally discovered, Loutradis was disgraced into resigning.
Afterwards, the two were bitter that they didn't get away with it so started a rampage of declaring Cyberia fascist for enforcing the law. The President was moving to prosecute them both when they fled Cyberia. Too bad.