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  "documentTitle": "Canadian Tire Corporation (CTC.A)",
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  "authorName": "Spruce Point Capital Management",
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      "text": "In a majority of the cases, the share price collapse has met or exceeded our downside estimate of intrinsic value.",
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      "text": "Spruce Point has written four recent critical activist reports in Canada. In a majority of the cases, the share price collapse has met or exceeded our downside estimate of intrinsic value. The avg. share price decline is 57%. A common theme is that Canadian analysts don't ask difficult questions of management, challenge assumptions, and are overly optimistic.",
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