RE:RE:RE:I added a big chunk @ $5.12 today to my already largeHi Ratsnake:
My all in price is 5.32 ratsnake. I did do an error in buying more on the way up as my initial buy average was about 5.20. Trading where it is now does not rattle me at all. I am going to wait this out. No need to sell here. Right now trading close to my average cost and will just wait for it to rebound back. Also hold it in one of my LIRA under $4. No need to sell that either unless one thinks it goes there again. Heard call and both CFO and CEO gave me impression this will be pushing out around $300 in free cash flow for many years to come. Cable subscribers steady at 70 percent. The 30 percent they dont have they are going after them with amazon stack and will be joining other streaming services when they come to Canada. Global on Roku now.
Also content deal announcements and other iniatives will start to show up in results. While not going crazy they are making small investments in digital areas.
Overall all positive. Market can do unexpected things in short run but stay patient my friend. Corus will reward you.