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Corus Entertainment Inc. T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.


TSX:CJR.B - Post by User

Post by BalanceVsBiason Jul 17, 2023 1:28pm
63 Views
Post# 35544425

Short ladder down attacks

Short ladder down attacks

Imagine that I assume that there are enough shareholders that will be easily shaken out if the price is low enough for an extended period. 

Let us call my hand a  “strong invisible hand ” and those I am planning to push out weak hands.

Let us assume this one strong invisible hand will take on 20,000 weak hands(weak because of lack of resources, information, experience...). As a strong hand my favourite game is shorting stocks both directly (2 to 5%) and  indirectly using put options 95 to 98%) and I have been been playing it for decades squeezing and crushing the weak hands. The game goes like this: 

- I dump a large order of 50 million shares for $6 a share

- A few months later I sell short another 30 million shares for $5 a share

- A few months later I sell short 10,000,000 shares for $4 a share

- A few months later I sell short 5,000,000 shares for $3 a share

- A few months later I sell short 3,000,000 shares for $2 a share

- A few months later I sell short 2,000,000 shares for $1 a share

- At the end of this special operation (bear raid) spanning many years my strong hand would have sold short 100 million shares for $513, 000,000 ($5.13 per share on average) bought by some 20,000 retail investors who are now faced with two options : 

1- Surrender to my shakeout and sell for  $1 and realize their paper loss.

2- Realize I am a financial bully fishing for liquidity and hold the line against my wish until I get squeezed for thinking I could squeeze 20,000 hands.

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