Daily Stock Opinions and Ratings

Opinions

Michael Sprung CanWest Global Comm. CGS-X COMMENT Jul 28, 2009

Fairfax Financial (FFH-T) holds 20% of this company. Not sure that they could have any influence on keeping this company out of bankruptcy.

Michael Sprung

Unknown

Unlock Rating

$0.160

Stock price when the opinion was issued

Broadcasting

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

DON'T BUY

At this stage it is basically trading like an option on its survivability. Terrible balance sheet with about $4 billion of debt. Management has not been great.

DON'T BUY

He is not active in this sector. This group has not found a bottom yet.

SELL

(Market Call Minute.) There will undoubtedly be a restructuring but shareholders are unlikely to see any benefit.

DON'T BUY

(Market Call Minute.) Dead issue, big time.

PAST TOP PICK

(A Top Pick July 14/08. Down 83.6%.) Sold at $2 putting him down at 11.1%.

SELL

Media space is a very tough one right now. Newspapers are suffering from declining advertising lines and readership. In the TV space a pay-TV provider went out of business today and local stations are closing down. High debt. Sell as a tax loss.

WATCH

Massive spike on volume recently. Don't act on just a couple of days of action; you want a few days. If it continues to rise that would indicate momentum is starting to move in its favour. RSI index spiked into overbought territory. Would like to see a few more days of action.

DON'T BUY

(Market Call Minute) It’s bankrupt.

DON'T BUY

(Market Call Minute.) Have got to be pretty much worthless.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Michael Sprung CanWest Global Comm. CGS-X COMMENT Jul 28, 2009

You might be interested:

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

CanWest Global Comm.(CGS-X)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bruce Murray

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Chris Blumas

Stockchase Insights