Fri, Nov 28, 2014, 6:28 AM EST - U.S. Markets open in 3 hrs 2 mins

Recent

% | $
Quotes you view appear here for quick access.

Sinclair Broadcast Group, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • belobuster belobuster Apr 12, 2012 1:16 PM Flag

    What am I missing??

    Agree looks cheap and selling a bit overdone. Thinking maybe a large, motivated seller. Blackrock filing yesterday stated that they reduced holdings below 5% of the total outstanding shares. Perhaps they are continuing to sell down their position?? Regardless, looks cheap by any measure... especially with Russell rallying 1.6% today and sector peers up that much, or more. Makes no sense for this to be down nearly 1% today after the recent selloff - especially when the FCF yield on the stock is approximately 20% and that's not taking into consideration that the company has $2/share in non-core assets....adjusting these assets out and the FCF yield jumps to nearly 25%! Add in the 4.83% dividend yield and this looks attractive. Be patient, will be rewarded on this one.

 
SBGI
29.57-0.38(-1.27%)Nov 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.