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    July 13, 2023 12:07 pm  #1

    georgio1
    Unregistered

    CORUS BACK IN THE (BIZNEZ) NEWS

    Over the past decade the subject company has come up in discussion here as the share price dropped steadily from $25 to (recently) $1.15.   Discussion almost always included speculation that the broadcasting network might appeal to a large ethnic group or religious faction, or a combo of both

    It turns out that the company also appealed to a producer of animation/cartoons.    Share price has been climbing all week; up 18% this morning, alone

     

    July 13, 2023 12:54 pm  #2

    Radiowiz
    Member

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    Re: CORUS BACK IN THE (BIZNEZ) NEWS

    Still a 60% drop issue in place. I don't think anyone is getting rich quick with this investment.  
    I've always said the Stock market is a casino for the rich... 

    RadioWiz & RadioQuiz are NOT the same person. 
    RadioWiz & THE Wiz are NOT the same person.
     
     

    July 13, 2023 5:21 pm  #3

    betaylored
    Member

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    Re: CORUS BACK IN THE (BIZNEZ) NEWS

    https://www.bnnbloomberg.ca/corus-to-sell-its-storyboard-business-toon-boom-for-147-5m-1.1945312

    wonder if someone knew something beforehand re: share price

     

    July 13, 2023 5:30 pm  #4

    RadioAaron
    Member

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    Re: CORUS BACK IN THE (BIZNEZ) NEWS

    Radiowiz wrote:

    Still a 60% drop issue in place. I don't think anyone is getting rich quick with this investment.  
    I've always said the Stock market is a casino for the
    rich... 

    And also the bedrock of pension plans (including those in the public sector), individual retirement savings through index funds, and employment for those working for publicly traded companies. No big deal.

     

    July 13, 2023 10:05 pm  #5

    Tomas Barlow
    Banned

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    Re: CORUS BACK IN THE (BIZNEZ) NEWS

    Corus owns Nelvana, an animation company, which has agreements and distribution deals all over the world.
    A former Corus CEO bragged on an earnings call that Nelvana was a nice property that no other broadcaster in Canada could compete with.

     

    July 14, 2023 12:24 pm  #6

    georgio1
    Unregistered

    Re: CORUS BACK IN THE (BIZNEZ) NEWS

    Radiowiz wrote:

        I've always said the Stock market is a casino for the rich... 

    Or a casino for the gullible.   Share price settling back down today.    
     

       •Thread Starter
     

    July 14, 2023 1:49 pm  #7

    Radiowiz
    Member

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    Re: CORUS BACK IN THE (BIZNEZ) NEWS

    georgio1 wrote:

    Radiowiz wrote:

        I've always said the Stock market is a casino for the rich... 

    Or a casino for the gullible.   Share price settling back down today.    
     

    That's another interesting way to put it. 

    RadioWiz & RadioQuiz are NOT the same person. 
    RadioWiz & THE Wiz are NOT the same person.
     
     

     

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