RE:estevanHi rat: I dont think I ever said $35 target price. 12-15 is a reasonable target and is above the $9 that Shaw paid when two companies merged. For this year looks like shaping up as strong year for all media. As Corus becomes larger position for me I am also watching stations more and they all seem to have lots of advertising. JP Morgan issues paper on peak streaming TV and we may be there now as all new players enter the fray such as disney and others. I know in our household and many others the streaming stations are a complement to the regular cable and many times there is not too much to watch on the streaming stations either. Big advertisers have started to figure out the flash and dazzle of digital ads and whether the data is accurate. A pendulmn shift back to the audited numeris an neilson data makes sense. Why spend money on facebook that gets you all those bots and not humans.
In any event Corus is way too low from a valuation viewpoint and as Warren Buffet says in long run the market is a weighing machine and this will be reflected. No point day trading Corus at these levels as you have been doing since negative catalylst are all wrong.
Heard Greenspan on bloomberg radio a month ago and reporter must have asked 10 times when is next recession. He doesnt know. if he doesnt know how can the rat be so sure.
Any dips I plan to buy corus.