RE:RE:RE:RE:RE:Worst 3 monthsNetflx, snapchat, facebook and paypal lost between 40% and 60% of their value in the last six months. It takes years for a stock to rise up in value as the company shows the market solid growth quarter after quarter but only a few weeks, days or even hours if not seconds after a bad quarter or some bad news a stock can lose years of gain given how stop losses and short selling work. This stock has been under attack since Corus acquired Shaw Media for $2.6 billion.
It is hard to believe that Corus is worth 50% less than in 2016 after paying down around $1.5 billion in debt and all the progress they made in ad technology, in-house content production and international sales.Within two years from now this stock will be hovering above $10 per share.