New low just about every day Torstar has been consistent . In an up market , the share price goes lower , In a neutral market , the share price goes lower , In a down market , the share price goes lower . Generally for a stock price to go up , you need two of the following three things ( any two should work ) . Value , growth , excellent management . If you have one of the three , you're in big trouble . If you get three of three , you have a home run . I know that Torstar has value . Otherwise , Fairfax wouldn't have bought the shares at significantly higher prices . As far as the other two categories , for me it's just wishful hoping . As much as I would like to sell , my mind can get off the value factor with Torstar . I think the book now is about 5 dollars a share .