RE:RE:RE:Almost half a billion in market cap lostGriz_Online wrote: Just to clarify i would not be dumping the stock at these levels either, from what i've seen ad volumes still very strong. To sell at $5.20 and hope to buy back at $4.80 makes little sense to me. The volume seems to be drying up at these levels.
ratsnake220 wrote: griz.....finally some common sense ,,,YOU SAID EXACTLY WHAT I SAID LAST WEEK.......I DONT SEE ANY NEAR TERM CATALYSTS TO MOVE STOCK HIGHER RIGHT NOW...SO I WILL SIT ON MY HANDS!!! Your right....their is alot of risk with Corus and your right to have a bias to wait this out while it continues to turtle......You are smart person....not on here pumping a $15 target saying no downside risk......very astute statement....You know Griz we are in worst quarter of the year for broadcasters....
Something not right here. Unbelievable decline. The Shaw's destroyed us. The amount of paper out there is astounding. People who bought into the Shaw sale are just selling at any price and cutting their losses. This can go on if there is no reversal soon. Price is only a few pennies away from going under for me. Never thought I would ever see it this low. Very frustrated here.