RE:RE:RE:RE:RE:If you haven't already enroll in the DRIPHey Rat.
You know now what happens to rats. They usually don’t have good end. Our smart economist Rosenberg has not been accurate for about 8 years now. Check out his predictions. Easy to do with google. His first bearish calls dates back to 2010. Eventually he will be right I guess. The factor that is most important is job creation and it has never been better in Canada and the US. No way a recession is around the corner with these job numbers. Also as Murphy said even if car company advertise less have you not seen adds for all the new generation companies. Amazon and google are regular advertisers now. Print I agree is experiencing 20 percent decline but not radio and tv.
For Corus I hold in lira account. Long term hold. Never trade it since have a 10 year time horizon. Also brokerage fees high so just hold.
In my active account self directed brokerage fees low so trade more frequently with short term focus. Don’t really need dividend so the play of going to cash in run up to exdividend date. Not collecting dividend and subsequently buying back on drop has worked number of times. I think if stock stays this low will work again next quarter also. However I am calling for great quarter and good guidance for rest of year so should easily reach $10. Other clue is check out Corus job postings which have never been higher. Hiring is a sign things are well. The bottom here is in at 3.80 or so.
How can you call for a $3 stock price target for a company generating almost $2 a share in cash that is growing. Totally ridiculous call from the Rat. Now go back to that vodka bottle to help your analysis.