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Bullboard - Stock Discussion Forum Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

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... see more

TSX:CJR.B - Post Discussion

Corus Entertainment Inc > 11 exchanges to muddy the waters while fleecing you
View:
Post by BalanceVsBias on Aug 10, 2023 12:00pm

11 exchanges to muddy the waters while fleecing you

Time is against the short sellers.

99% of Canadians do not know this and that is why some rogue American funds are abusing Canadians. This stock is traded in eleven different exchanges and short sellers are abusing the situation to muddy the waters and hide behind all the exchanges and between borders.

The stock is traded in ELEVEN different exchanges :

TSX_OMEGA_PURE_Chi-X_CX2_CXD_TriAct_Lynx & over the counter in the US as CJREF

There are about 8 million shares sold short on the TSX, about 2 million shares in the US and at least 10 million shares in all the other 9 exchanges combined. When you consider that most of the short selling is done through options and other derivatives (futures, contracts for difference..) 20 million is a conservative estimate given that short sellers try to fly under the radar and some brokers might not mark the trades correctly. Some studies have said that up to 80% of all trades are just wash trades meant to mislead and deceive shareholders into making a bad move. Short sellers are not your friends. They want your money without giving you anything in return

T:CJR.B - CORUS ENTERTAINMENT INC. CL 'B' NV - https://www.corusent.com
Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
CJR.B - T   12.5 1.34 · 1.35 5.5 1.345 -0.035 -2.5 712.6 935 718 1.37  1.38  1.33 4.06  1.15 11:32:51 Jul 14 15 min RT 2¢
TSX - T 12.5 1.34 · 1.35 5.5 1.345 -0.035 -2.5 477.4 635 267 1.37  1.38  1.33 4.06  1.15 11:31:13   15 min 
NEO ATS - U   1.345 -0.035 -2.5 29.2 37 38 1.37  1.37  1.33   11:07:35   15 min 
Alpha - A   1.35 -0.03 -2.2 32.5 42 34 1.37  1.37  1.33   11:07:35   15 min 
Omega - O   1.34 -0.04 -2.9 69.0 90 90 1.37  1.37  1.33   11:20:35   15 min 
Pure - P   1.345 -0.035 -2.5 1.5 2 12 1.355  1.355  1.335   11:27:22   15 min 
Chi-X - X   1.345 -0.035 -2.5 34.5 43 94 1.37  1.37  1.33   11:32:51   15 min 
CX2 - H   1.345 -0.035 -2.5 21.8 28 43 1.36  1.36  1.33   11:31:14   15 min 
CXD - D   1.335 -0.045 -3.3 8.4 10 63 1.365  1.365  1.335   10:49:00   15 min 
TriAct - M   1.38     28.4 37 60        Sep 11-20   15 min 
Instinet - I   1.355 -0.025 -1.8 0.4 1 1 1.355  1.355  1.355   10:29:55   15 min 
Lynx - Y   1.33 -0.05 -3.6 5.1 7 9 1.37  1.37  1.33   10:49:08   15 min 
CS2 - S   1.33 -0.05 -3.6 4.4 6 7 1.35  1.35  1.33   10:49:08   15 min
Comment by wizthewiz on Aug 10, 2023 1:25pm
Fully agree, there was another blogger here who posted some very useful info to inform investors of just how short sellers work. As a tool for risk management, short selling has its place, but these idiots just decide to take on a company and bring it to its knees exploiting the sheepvestors all aong the way. When it hits rock bottom and bankruptsy look emminent, they start to go long and work ...more  
Comment by BalanceVsBias on Aug 10, 2023 2:00pm
Fully agree. What is sad is that thousands of hard working Canadians fall victims to the short sellers' shenanigans. American hedge funds started the predatory practices against Canada because they deem it a weak jurisdiction with mostly uninformed sheep esters as you label them.  Canada is a short selling haven   Paul D. Davis, Charlotte Conlin, Shahen A. Mirakian, Leila Rafi ...more  
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