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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

TSX:CJR.B - Post Discussion

Corus Entertainment Inc. > A new day, a new attack from short sellers
View:
Post by BalanceVsBias on Jun 28, 2023 5:34am

A new day, a new attack from short sellers

Short sellers are always lurking around the corner waiting to pounce on their next prey. Every day is a potential short attack day.

Short sellers have one and only one mission on this board. To plant the seeds of fear, uncertainty and doubt in your minds to convince you to sell by trying to hide the truth and pushing different falsehoods, deceitful claims and fabricated stories. Short sellers know the supply and demand dynamic and they want to manipulate it to their advantage. By selling millions of shares they don’t own short they artificially increase supply and by fear mongering they aim to reduce demand (dissuading potential investors from buying and harassing existing shareholders into selling). Their strategy  is that the mismatch between increased supply and reduced demand that they artificially created will lead to lower prices. So far their campaign is succeeding because they are selling millions of shares they don’t own but sooner or later they have to face the bill. They MUST BUY 20 million shares to cover their short positions. Time is against them because they have to pay dividends and interest to maintain their short positions while you receive dividends and reduce your average cost by buying more (increasing your ownership at a lower price).

Comment by Meesha1 on Jun 28, 2023 8:52am
I'm a bottoms up value investor with a small position in this stock and I would say that with all the negative things that have occured recently with respect to the ad environment, the thing that has made me consider selling my shares is posts from YassineNoBs/BalanceVsBias. Its like reading a Reddit board for some meme stock like AMC or GME (which I do from time to time for entertainment ...more  
Comment by BalanceVsBias on Jun 28, 2023 9:57am
Your words are those of a resident short seller on yahoo finance trying to do reverse psychology and discredit the person who exposing the short sellers shenanigans. Kind of like character assasination. If you expose us short sellers we will call you crazy and lunatic. Larry Fink, Elon Musk, Jim Cramer and the SEC are all lunatics for speaking out about market manipulation and fining market ...more  
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