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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 SunsetGrillon Dec 23, 2022 9:11am
233 Views
Post# 35189160

RE:Why are short sellers enraged?

RE:Why are short sellers enraged?Yes YassinNuttinButBS lets talk numbers and not gibberish - Here is the only number that currently matters; drumroll please $2.00 per share AND corus cut their dividend significantly only four years ago (80% as a matter of fact).

Some more numbers to chew on from 2018:
Corus slashed its dividend by nearly 80 per cent while also announcing a quarterly loss of $936-million, (no mention of that in your revenue or free cash flow - BTW how do you have positive free cash flow when you lose a billion -(psst just making sure your reading on this statement ??) which together dragged the company’s share price down by 18 per cent on the day to a record low.


Of course we know non-cash impairment charges have nothing to do with operating the company and its market cap (which is directly proportional to the share price- which is at 2 bucks)

Do you not feel any kind of shame and or small responsibiliy to insist people hold on to an absolute dog of stock that has fallen from 6 to 2 (- 66% return) and from 12 to 2 over a few years (- 85% haircut).  Your credibility (of which you never really had much based on your childish insistence of reposting ad nausium how the shorts seem to rule the world on every stock in existance) - Your an unitelligent conspiracy theorist whom should be ignored by all. 

YassineNoBS wrote: Some short sellers on this board are enraged and are sending me private messages to try to intimidate me. I am telling you here in public I am not the kind to be intimidated. I know that you are trying to drag this stock as low as you can to force some unsuspecting and naive shareholders to capitulate and give up on their shares so that you can cover your short positions. The only reason that the price is this low is because of you short sellers. One ignorant short seller on this board is trying to mislead some with negative and false statements. To verify that he doesn't know what he is talking about check what is the difference between cash flows, earnings, NON-CASH impairment charges due mostly to the bear raid caused by the short sellers. 


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