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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

Post by BalanceVsBiason Jul 20, 2023 4:02pm
98 Views
Post# 35550356

Trading snapshot of how short sellers are hunting you down

Trading snapshot of how short sellers are hunting you downShort sellers are always lurking around the corner. They sell one share at times just to manipulate the price. Here is a snapshot of how they are chasing your stop loss orders:
Recent Trades - Last 10 of 1063
Time ET Ex Price Change Volume Buyer Seller Markers
15:41:06 X 1.495 -0.075 100 1 Anonymous 79 CIBC K
15:39:48 X 1.495 -0.075 100 1 Anonymous 79 CIBC K
15:38:55 M 1.50 -0.07 46 90 Barclays 14 Virtu ITG  
15:38:54 D 1.495 -0.075 100 90 Barclays 79 CIBC K
15:38:54 X 1.495 -0.075 100 65 Goldman 79 CIBC K
15:38:33 X 1.495 -0.075 100 1 Anonymous 79 CIBC K
15:38:32 M 1.50 -0.07 1 14 Virtu ITG 14 Virtu ITG  
15:37:34 T 1.49 -0.08 1,000 7 TD Sec 59 PI K
15:37:23 X 1.495 -0.075 100 1 Anonymous 79 CIBC K
15:37:21 T 1.49 -0.08 200 7 TD Sec 13 Instinet K

 

Watch out for the stop loss hunting trap:

You will avoid the shake out trap if you understand the mechanics behind short selling. Hedge funds walk away with billions every year from hard working Canadians trying to prepare for their retirement. They place orders as little as 1 share at decreasing prices until the price drops significantly enough to trigger stop loss orders that some unsuspecting retail investors automatically place to protect their downside. Example: I place 15 sell orders at strategic times (when liquidity is very low, at the beginning or end of the trading session)  

1- sell 50 shares at 1.77

2- sell 50 shares at 1.75

3- sell 50 shares at 1.74

4- sell 50 shares at 1.72

5- sell 50 shares at 1.71

6-sell 50 shares at 1.80

7-sell 10 shares at 1.68

8-sell 50 shares at 1.67

9-sell 50 shares at 1.65

10-sell 50 shares at 1.62

11-sell 50 shares at 1.61

12-sell 1 share at 1.60

13-sell 5 shares at 1.66

14-sell 50 shares at 1.65

15-sell 12 shares at 1.60

By sacrificing a few shares at a discount hedge funds can trigger the sale of thousands if not millions of dormant shares owned by naive retail investors who placed stop loss orders on them and that brokers and short sellers are happy to scoop up to cover their shorts and hoard them for when the stock starts rising up again.

Short sellers use derivatves like put options and futures to manipulate the underlying stock all under the radar.

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