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the winnipeg sandbox » winnipeg sandbox.. » business... » Canwest Shares trading at 6.5 cents... after losing 7.5 cents in value today

Canwest Shares trading at 6.5 cents... after losing 7.5 cents in value today

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Deank

Deank
contributor eminence
contributor eminence

http://www.winnipegfreepress.com/breakingnews/Canwest-shares-lose-more-than-50-per-cent-before-quarterly-earnings-report.html

"We never comment about a stock value," said Canwest spokesman John Douglas from Winnipeg.

BULLSHIT!

If the stock price had doubled they would say something like.. It just goes to show investors believe in what the board is doing and that we have a strong a viable company.

Guest

Anonymous
Guest

R.I.P. Asper Empire...

grumpy old man

grumpy old man
administrator
administrator

Geeze, that seems to make some people very happy. How weird is that?

Deank

Deank
contributor eminence
contributor eminence

not weird at all.
Lots of people are happy lots of times when empires crumble, especially those that take advantage of people that they believe are beneath them.

grumpy old man

grumpy old man
administrator
administrator

No, it's weird.

Triniman

Triniman
general-contributor
general-contributor

HurtinAlbertan wrote:R.I.P. Asper Empire...
I've read that due to the recession, there would be no buyers for their assets, so...the company ends up intact.
RIP is a bit premature at this time, I think.

Triniman

Triniman
general-contributor
general-contributor

Deank wrote:...take advantage of people that they believe are beneath them.
Umm, isn't that pretty much the definition of what an empire is?

Deank

Deank
contributor eminence
contributor eminence

yup

Deank

Deank
contributor eminence
contributor eminence

Triniman wrote:
HurtinAlbertan wrote:R.I.P. Asper Empire...
I've read that due to the recession, there would be no buyers for their assets, so...the company ends up intact.
RIP is a bit premature at this time, I think.

agreed, it will just end up being owned and controlled by people with hopefully a little better business sense.

Triniman

Triniman
general-contributor
general-contributor

If they're going to survive, then pretty soon their stock will be worth buying?

Deank

Deank
contributor eminence
contributor eminence

not pretty soon at all.

They have WAY to much debt even at 6.5 cents you may lose money.

Then again $500 would buy you over 7500 shares. So its really relative... Buy now and still see your investment go down, but then have it come back in the next 5 years... or wait and but in another 3 monthsish...

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the winnipeg sandbox » winnipeg sandbox.. » business... » Canwest Shares trading at 6.5 cents... after losing 7.5 cents in value today

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