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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

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

Comment by Puma1backon Jan 26, 2022 5:11pm
145 Views
Post# 34364271

RE:Short sellers have ganged up on this stock

RE:Short sellers have ganged up on this stock

This is not a short sellers gang bang here - it simply has had very large outflows of money both in the stock and in the sector.


go look at an Accumulation/Distribution chart. It started a number of years ago and then flattened, but really accelerated in calendar Q4. Go back and look at the few large block trades- there was a large money outflow of the stock and the price responded as expected - Down.

I think a lot of the reasons for the institutional departures were based around issues raised by ratsnake - so we can bug him about his boobs , but the person has some really interesting insights imo.  And that's a good thing. 

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