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Bullboard - Stock Discussion Forum
Corus Entertainment Inc
T.CJR.B
Alternate Symbol(s):
CJREF
Consumer Cyclical
Broadcasting - TV
Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming...
platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.
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TSX:CJR.B - Post Discussion
Corus Entertainment Inc
> nervous shorts
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•••
traderlong2
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Post by
traderlong2
on Jul 11, 2023 7:43am
nervous shorts
with Divy Payout approaching
shares should continue to climb up
shorts will be getting nervous
we should see some pressure going forward
glta
(5)
•••
BalanceVsBias
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Comment by
BalanceVsBias
on Jul 11, 2023 10:33am
Short sellers launch multiple and repeated attacks in waves within a ladder down price range. Dividend payout will be August 15th. Short sellers will try to sink the price again after the dividend payment and going into the next earnings release. Those who DRIP (Dividend ReInvestment Plan) will buy some shares using the dividend payments which will give the short sellers a signal to attack again
...more
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