RE:Take a minute to think about a short monkey!I admire your optimism Birdman, there is no reason to think that this dividend succer stock will rebound anytime soon and I believe It still has a room to go down before something happens. If I were member of Shaw family, I would wait till SP hits $2.5 and took this company private, offering current shareholders premium of $1 or $1.5 bringing the SP to $4. I had quite a large position in this stinker but sold it few weeks ago at $7.20 at the loss of almost 10k. Really painful every time I think about it but at the same time happy that I'm out. Now to outline my reasoning for pessimism re Corus is declining revenue. I had already brought this point on this forum several times and every time other guys change the narrative to other factors while the one that really matters is declining revenue in declining sector with inept management - triple whammy! Good luck to all.
BirdyNamNam wrote: Take a minute to think about a short monkey! Some likely made a little money. Some likely made a ton of money! But now they all paying huge div to the long possition guys and when the market realize CJR is actually printing money (for now), and it may be as early as April 5th, these monkeys will have to buy likelu more then 2M shares in a panic.... I just hope I am not on a pee break when it happens...