Is the New York Times Going To Close Below $5 a Share?

The New York Times announced it's slashing its' dividend.Will the NYT close below $5? Only time will tell,but again,just a reminder if it does the odds of it ever trading above $10 are 90% against.I guess there aren't enough people buying the NYT.Can the Times convince (more people who look like the NYT newsroom) to buy the paper? We doubt it.The reader market(who hasn't been tapped) for not going to church on Sunday,taking public transportation,and avoiding Wal-Marts isn't exactly a growth market.