RE:nice price. time to pick up shares? It's a head scratcher.Good day Gib, speaking about disconnect, I would argue that whoever is still buying this stock is disconnected from the harsh reality. The reality being that Corus revenue is drawn primarily from tv adds, and this as we all know is constantly decreasing. So, employ SP valuation model, put in a negative growth (in other word decline) and you would see what a majority of this forum users don't want to see/admit.
You mentioned Herbalife and it apparent rebound, I would mention Black Berry (RiM) and Nortel.
Their decline was slow and very painful, and left tens of thousands of investors with either nothing or very little.
I was long this "kraapp" for a while, lost a bundle when I sold several weeks ago and have now reinvested whatever I recovered.
Perhaps I should have stayed here longer, collect divvy and dream about redemption, but do You see any possible triger that would change the SP trajectory anytime soon??? I don't !
gibbonsj wrote: Where is the bottom? I thought 6.30 was close enough so I picked up a few the other day. Guess I was wrong. Unbelievable price. Talk about a total disconnect....