I never heard of this stock until I saw an article in Seeking Alpha last Oct. My wife watches several shows of this network and I've found that if my wife likes a service, product, store or company (Peter Lynch style) that it pays off to purchase a few shares which I did. Since this stock was mentioned this past week as a possible take over target, it should get a little more board action.
I guess no one trades this stock. This company is worth way for then currently trading. Is the market cap the total value of the company or are the shares just a %?
buyout is BOGUS....people who went long with big buys will be investigated by SEC for INSIDER TRADING. WAS A PUMP AND DUMP SCAM....went SHORT. Will be back to $75 by Friday. SELL NOW IF YOU GOT THE GAIN TODAY....you will be in the RED in the morning.
This is a gift. Sell it. This is only a rumour that Discovery is kicking tires, not that they've made an offer. The stock is up $12 on small volume. That could fade away in a hurry.
Read about this when I subscribed to Motley Fool over the weekend, and today when SBUX was down, I sold those shares and essentially traded them for SNI! SCORE! Thank you, Motley Fool!
Sentiment: Strong Buy