RE:RE:Day 13 of negative close.Thankyou GooseLegion for kind words, much appreciated. As an accountant, I have always studied financials before investing. You are right, I should elimenate emotions and sit tight as this has the fundamentals to turn around.{I don't believe in technicals} Overly sold, Yes!
Even Netflix, whose churn rate is increasing and growth rate declining, has an EPS of $0.29 vs. EPS of $0.38 for Corus, with increasing content cost and negative cash flow however, with growing subscriber base. Once Disney pulls out in 2019, netflix will see higher churn.
I still believe based on fundamentals and can only hope management will grow revenue and meet financial targets. I will sit tight and see through this.
My Avg. is $11.50 RBC came out with fair value at $9.45. I will average down once this picks up steam.