Post by
Banacheque on Apr 30, 2020 10:49am
Hopeful, but realistic.
Those of us committed to this stock, unfortunately, are living in interesting times. I think management has done a very good job of navigating these very rough waters. Things were pretty choppy before covid, now its a full on storm.
I think if we hope to realize ultimate success, Google, Facebook, etc will have to be forced to kickback some advertising revenue through legislation. I like the chances of that happening as other countries put the squeeze on for a media service tax. In the meantime, they need to stay in the game for the next while.
I wonder how committed postmedia is to the Wlnnipeg Sun. I don't think they pull out of Winnipeg, but who knows.
Stay hopeful! (but realistic)