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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 AlwaysLong683on Jan 14, 2023 11:52am
141 Views
Post# 35223200

RE:High percentage of short sales

RE:High percentage of short sales
YassineNoBS wrote:

The short sellers are ganging up again and a high percentage of the trades are short sales. 

Expect a follow up bear raid starting tomorrow and going forward until the next earnings release.. The results won’t matter. Even if the numbers are positive the short sellers will coordinate an attack to test your resolve and plant the seeds of fear, uncertainty and doubt in the minds of those who are on the verge of capitulating. The short Sellers will be uniting to pull the strings and force those who might panic to sell.


Wonder what your average cost per share and total dollar amount invested in this stock is to date given this thing has been dropping like a stone for the past 8 years...? Also wondering how much the share price has to rise for you to simply break even on this name?

IMO, this looks like the value trap that keeps on trapping. The shorts have been making money hand over fist for the past 8 years, but of course they are the ones to blame since no other scapegoats seem to be available. 
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