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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Consumer Cyclical Broadcasting - TV
Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Corus Entertainment Inc > SP plummet
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Comment by YassineNoBSon Dec 02, 2021 10:54am
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Post# 34189913

RE:SP plummet

RE:SP plummetIn case you missed my previous reply:
just like in real life the stock market is a mix of emotional, irrational, rational and sometimes downright crazy behaviours. The media is a huge catalyst in influencing many people and planting seeds of fear to manipulate their actions and behaviours. Short sellers for example thrive in times of paranoia and fear by being proactive and creating a fearful atmosphere and spreading their propaganda and or capitalizing on an existing one. Stock prices can be manipulated to squeeze out the weak hands (people using margin/leverage to trade or people who fall prey to the media noise). Some institutional buyers are savvy enough to sacrifice 100,000 shares strategically placed at opportune times at a loss to trigger stop losses placed by retail investors and then proceed to buy millions when the other retail investors get scared and start stampeding to the exit. Jim Cramer gives an interesting testimony on how hedge funds take advantage of the regular retail investor:
https://www.youtube.com/watch?v=8DJlogbrDcA
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