Corus Entertainment Inc T.CJR.B

Dog

[HOURGLASSCANADA]

Disappointing dog of a stock. Even with the divi date approaching

[Datsun280z]

If you're a TD customer, have a look at the research paper issued on December 1, 2021 regarding Corus.  It's a thorough 10 page analysis.  Corus is a well run and great fundamentals.....trading at about 5.8 P/E.....which is a steal.  January 13, 2022 will not be disappointing.

[Puma1back]

A house called SG capital dumped almost 600k shares in a few trades at close

[Curc2020]

If Shaw is divesting in Corus (in order to be acquired by Roger's Media.) then I would speculate that Warner Media (Discovery & Discovery+) out of the U.S. is taking up the shares at a very cheap price. Discovery+ is already code sharing contect with Corus to gain media access across Canada. Corus also has production Studio's, and other interesting content services that Warner Media

[Datsun280z]

I think some of the freefall yesterday was because Cogeco target was lowered.   Hence, rippled impact on Corus. Having said that, Cogeco held its own yesterday, but it's a conglomerate with stronger backers.  Then the big dump late in the day, didn't help! ======-------------------------------------------------------------- TD Securities lowered its target price on Cogeco

[Puma1back]

Adding to the large SG capital unwind, their 600k trade allows the buyer to get the dividend - so they really cut a deal to sell them at $4.56. morgan Stanley are the big buyers this month were on the buy side of both of SG capitals unwind.

[Puma1back]

And so the story goes, Morgan Stanley are big sellers ex dividend- they grabbed the 6 cent dividend and then flipped for  a book loss about equal to the dividend.  for whatever reason there are Funds selling this hard as we close out 2021 - index issues ? They bought at the lows and are walking from a double ? Who knows  But we know ONE thing, it is not Shaw selling as they

[kraftdinner]

I saw that big trade using the 'Trade Workstation' on Stockwatch, and it showed the same buyer and seller you two are talking about. Many years ago I learned that the buyer and seller on that tool are often spoofed. I don't know how the two of you obtained your information. I do not have a perspective to be sure of who the buyer and seller were on that trade.

[Puma1back]

Back to lower lows - I would expect to see another tomorrow