Shaw Communications Inc. SJRWF

Do I continue to Accumulate or stand Pat?

[RagingBull3]

Pros: 
Dividend Yield is about 3.4%, and upside on share price only ~16% now to $40.50.    I guess you can classifiy this stock as a "utility" as such on of the "safer" place to be.

Cons:
If merger not approve, unknown how much a pull back, if any, will occur.  Past year it traded around $22 to $25.   Prior to Pandemic around $26-30.   
Market Crash could be around the corner.... but everyone been saying this for years.

Congrats to all those sitting on huge gains.   Nothing wrong with selling and locking them in.

All just my opinion/view/thinking.

[Nakate]

It all depends on the regulators, I don't see rogers and shaw as competitors not like bce and telus if they tried to merge the gov would have said no by now or if they either tried to buy shaw where as shaw and rogers compliment each oher and may actually lead to economies of scale that allow them to increase revenues while lowering costs to clients.  I see no reason to stop the merger