ST Alpha - "Canadians...Canwest Global is trading for under a buck a share...From your sense, would you buy in for a few hundred?" (Reading a Post)

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Canadians...Canwest Global is trading for under a buck a share...From your sense, would you buy in for a few hundred?

Posted by Name Withheld By Request (aka BlueKopo) Oct 24 '08, 09:04

Massive debt and newspapers are a hurting industry, but there's always likely going to be a newspaper industry and they own the main dailies in most of the cities, the tv network might be down for awhile, but that's also cyclical...

I'm tempted to add some to the portfolio and just see how it does over the next five years.

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I don't think they've hit bottom yet. -- nm - mafic Oct 24, 09:10 1
- Their debt load is the biggest issue apparently keeping them down. Wonder just how low it'll fall. - Name Withheld By Request Oct 24, 09:15

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Canadians...Canwest Global is trading for under a buck a share...From your sense, would you buy in for a few hundred?

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