"I Am Not A Nazi!" Cried Murdoch As FOX Stock Price Tumbles!

Looking at this 3 minute chart for FOX the past 4 days tells you all you need to know about James Murdoch.  See the price is falling quickly... down 3% in this window.   Then, James Murdoch, the chief executive of 21st Century Fox (with main revenue from FOX news) blasted Trump last night and said "There are no good Nazis!.

Good for him.

Yet, how convenient.

He had to do something.  His brand is failing.  The stock price is down 26% since 2014.

So I guess he threw in a million bucks to Anti Defamation League, too.

Good PR he hopes?

Will it help the value of his brand?

I would like to know where he was on the subject as his networks ramped up the hate and right wing lies over the Obama years and election cycle.

I think advertisers are getting it.  James is concerned they will put their money elsewhere. The stock has had huge volume of trading over the last couple of days.  And FOX is still falling.  

I hope James gets it.  And this is in his heart.  Not just his check book.  

Other companies have done well after being involved with Nazis.  BMW, IBM, Bayer, Siemanns, Krupp, and Hugo Boss (they made uniforms) to name a few.  All have done better since that time.

Let's hope we can look back at FOX in 70 years and say the same thing.

Disclosure:  No one at The Vig Company owns FOX.  And we have no plans to initiate a buy anytime soon.

Chris Vig is president of The Vig Company and is an investor, artist, author, business consultant and former CEO living in Monona, WI. This article is for entertainment purposes only.  Do you own diligence when investing your hard earned cash.