Corus Entertainment Inc T.CJR.B

Shorts

[Puma1back]

The mid month numbers came out & they jumped from 6.8 million to 8.5 million.

since the middle of August the short position here has more tham doubled - sat at about 3.7 million mid August.

given we are regulated on domestic ownership restrictions & have about 5 Shaw family members controlling all the votes, we ain't looking at any activist funds sticking their nose over here -

a clear statement and quick work by the government on Bill C-18 is about the only catalyst that could trigger a short cover as all the drags form Cdn content  costs could be offset with new revenues to compensate them.

[YassineNoBS]

That is barely the tip of the iceberg. Most short selling is done through derivatives and by and large through options, futures, contracts for difference. What you see as short a net rest are jus5 the bread crumbs meant to misdirect the crowd.

[SunsetGrill]

Not sure Yassime-nuttin-but -BS but is your account telling u YET that ii seems to be working  for them. Why would you buy this knowing all what u post. You would think that u would have put all that knowledge to work and only started buying at $1.93 and not $6.93- what a moroooon  

[SunsetGrill]

LOL - thats what Corus said last time before they cut the dividend  I've never ever heard a company say that before, if u have to ask the question the writing is close to be on the wall (it's pretty much the kiss of death). If the stock stays at $2 that's Bay Streets way of saying cut the dividend or we don't buy (ie shore up the balance sheet) Now this has to go private

[Puma1back]

The dividend issue is a good question- if it was yielding 10% two years ago, i would agree that the market was going to force a dividend cut. but it is not 2 years ago & the market is telling BNS, Bell, Great Weast life, Canadian Imperial, and a lot of very solid stocks, that right now they have to pay overall North of 6.5%. So in this context, our premium over that metric, and even