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Sinclair Broadcast Group, Inc. Message Board

  • daninfw04 daninfw04 Jun 6, 2012 11:09 PM Flag

    $8 Floor

    Robert Smith reported after close that he got another 1200 SBGI at $8 yestreday. He got 1300 shares 2 days before. Both days the low for the day was $8.......it appears he has an open order for $8 a share and bought all lows for both days. Can't stay down much longer IMVHO. DaninFW

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    • Yesterday came real close to breaking my spirit on this one. I was really close to dumping all of it and moving over to BLC, TVL and GTN. Since this feeling is usually followed by a rally in a stock I added 5K more shares at 8.17. F!@# it!

      Looking at GTN's station portfolio, they are having a huge political quarter as well. They are in all the hot states. They are smaller markets so they are smaller dollars but at $1.50 it looks interesting.

      • 1 Reply to martelxo92
      • Yesterday right after the open where GTN bounced up to $1.55+/- and then drifted back down to $1.50.......there was a buy order for 21,000 at $1.50 and only 100 shares offered at $1.51.....it was $1.52 within about 10 seconds......it was up 10 cents the day before and up yesterday. It appears we finally have a big buyer for GTN. DaninFW

 
SBGI
28.94-1.55(-5.08%)Jun 24 4:00 PMEDT