Forget "golden cross" - focus on revenue!!!Folks, the 2018 Corus crash should be a waking point for many on this board.
While high debt and strong negative sentiment toward media stocks played a role here, the main trigger was gradually declining revenue. When the slide started, there was no stopping until late 2018 and that only after management seriously attempted to control the debt (dividends cut among other measures) and the rumor that Corus might became an acquisition target. As we know, nothing came out of that because simply there were no buyers. That in itself should prompt us to think whether there is really a “Blue Sky” ahead or we are in a situation that present and expected cash flow coupled with declining debt are affective risk mitigating factors - at least for now.