GateHouse Media is in trouble.

Earlier this summer, the news conglomerate’s stock prices fell so low they were removed from big-board trading.

At 4:15 p.m. ET today, the stock price is listed at $0.48 on the company’s Web site.

On the east coast they have closed papers.

And now in Kansas, the GateHouse flagship for the state is dropping its Monday newspaper and going to a Tuesday-Saturday publication schedule.

The article was published on Monday, and it is effective next Monday.

I used to work at The Sentinel.

The publisher, Gary Mehl, is a great guy and gave me an internship even when he knew nothing about my skills.

He gave me a shot, and that internship blossomed into a weekly columnist gig, which I loved dearly.

Now, as editor of a weekly newspaper just miles from McPherson, I still read The Sentinel and keep in touch my friends that work there.

I haven’t heard from any of them yet about what they think, but I am very interested to find out.

The editor, Katie Stockstill, just started.

What a way to get going.

She probably feels like she boarded a sinking ship, but I hope they pull through.

In the article, Stockstill promises more localized coverage and a stronger Web presence.

I’ll be eagerly watching to see the changes.

At least now, though, none of the employees will be able to have a “case of the Mondays” anymore.

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