Soliciting a sanity check for a thesis on the three-day ramp from $34 to $37.. Combination of:
- Month-end window dressing to make active managers look smarter than they are;
- Increasing frequency and pitch of chatter about special dividends.
I give the latter low odds of realization, since three insiders sold something like $14M of shares in the week ending Wednesday before Thanksgiving. If even a remote possibility of a special dividend were in the offing, insiders would be hanging on to everything they own.
Reports were that Charlie E was meeting with Julias G Chairman of the FCC to discuss the H Block yesterday.
today the stock hits a 52 week high. IMO there is a deal for the H Block and DISH will be able to get full value for the asset