Post by
forkliftguy on Mar 12, 2023 11:16am
Whats next for Corus
This company's stock reminds me of one of my biggest stock losers - Torstar , when it was a public company . A Media company which was a value trap . I really don't care about short sellers . If Corus delivers good results , the short sellers will cover quickly . Good management doesn't see their stock drop from over 20 dollars a share to under two dollars . A real pathetic performance . At this level , I will continue to hold as long as there is free cash flow and the long term debt drops . I would like to see 1) the dividend cut in half again and that money used for share buybacks , 2) Any underperforming divisions either sold or closed down , Just one old retired salesman's opinion .