Bottom Fishing A Dead Lake

Feb 12th, 2009 – Comment

Ken from Aurora, ON writes about Quebecor (IQW): Hi Lou, I always listen to you on AM640 and value your opinion.  I have been following Quebecor World and wonder if there is a great buying opportunity here at 3.5 cents a share.  This stock was over $15 less than two years ago. Your thoughts. Happy Capitalism Ken […]


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Lou Schizas is an equities analyst, investor, entrepreneur, professor and television and radio personality – and a true believer in the happiness-inspiring powers of capitalism.


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Butter Won't Make This One Taste Better

Butter Won't Make This One Taste Better

Ken from Aurora, ON writes about Quebecor (IQW):

Hi Lou,

I always listen to you on AM640 and value your opinion.  I have been following Quebecor World and wonder if there is a great buying opportunity here at 3.5 cents a share.  This stock was over $15 less than two years ago. Your thoughts.

Happy Capitalism
Ken

Hi Ken,

Thanks for your support it is much appreciated!

As one good turn deserves another I advise you to run not walk past this graveyard!

No Oil Painting

No Oil Painting

Quebecor World has filed for bankruptcy protection and the only question now is will the banks or bondholders get control of what is left of the company. It would take a miracle for even a cent to be available for shareholders when the creditors are through with this once mighty commercial printer.

It may have been a $15 stock once but it will take the shredding of the existing shareholders and an new financial structure to see these assets touch $0.15!

Happy Capitalism!

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