Shaw Communications Inc. SJRWF

Ring the Bell - SELL SIGN GIVEN!

[indoubtgetout]

The abrupt departure of Roger's CFO last night is your SELL signal.   Rogers bid not likely to get approved and further industry regulatory initiatives by your Libertal Govt will likely hurt the sector overall - a double whammy.   So, the Rogers CFS is heading for the hills so he can dump all of his Rogers holdings as well whatever he holds in Shaw.   GTFO!

[DeanEdmonton]

I agree with you. I got out at 64 when Rogers bid for Shaw becasue they are over paying. The Hell or High Water clause is also a HUGE risk and potential cost to unwind. Not getting the deal would actually be better but they are going to take a big hit when the news hits the street. I actually think there is more to this 10 year serving CFO leaving than just the Shaw deal. I sure would not be

[Quintessential1]

Is it possible he was forced out as collateral damage due to the CEO conflict?

[DeanEdmonton]

Edward Rogers wanted to fire the CEO and put the CFO into the CEO role. The board blocked that and the CFO was forced out. Anyone who still has Shaw or Rogers shares has more guts than Gainers. There is a very real possibilty both of these are going to take a major dump, especially if the whole 11 person excutive team quits it Ed manages to fire the 5 directors and appoint his own.

[mrbb]

family bickering goes public Edward Rogers's takeover attempt publicly condemned by mother, sister (msn.com)

[satchmo6]

when others sell---this kid buys----up 7 bucks since ROCTOBER