Bullboard - Stock Discussion Forum 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... see more

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TSX:CJR.B - Post Discussion

Corus Entertainment Inc. > We need more strong hands

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Post by YassineNoBS on Jan 13, 2023 1:44pm

We need more strong hands

Let's hope a good chunk of weak hands are being flushed out and that the new buyers are diamond hands who can handle the pressure and lies and manipulation of the short sellers. Make your own research independently by verifying what is said on this board. Short sellers blatantly lie to your face betting that most are lazy to verify what they say. In the conference call they clearly stated that their debt covenants are at 4.25 debt to segment profit contrary to what the shorts are claiming. Also using a credit line temporarily does not mean that it won't be paid back as a momentary timing gap between accounts receivable and accounts payable could justify the need to use the revolving credit line.
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