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Shares of CJREF Up 19.2% Since Uptrend Call on Shares
[May 17, 2012]

Shares of CJREF Up 19.2% Since Uptrend Call on Shares


May 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Corus Entertainment (NASDAQ:CJREF) on December 19th, 2011 at $19.46. In approximately 5 months, Corus Entertainment has returned 19.25% as of today's recent price of $23.20.

Over the past year, Corus Entertainment has traded in a range of $17.36 to $25.09 and is now at $23.20, 34% above that low. The 200-day and 50-day moving averages have moved 0.02% higher and 0.22% higher over the past week, respectively.

Corus Entertainment Inc. operates in the radio broadcasting, specialty television, digital audio services, and cable advertising services. The Company owns radio stations in British Columbia, Alberta, and Ontario, Canada. Corus also holds interests in television stations, as well as DMA Partnership, which distributes music services, and provides infomercial and listing services.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Corus Entertainment shares.Log in and add Corus Entertainment (CJREF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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