Trade: SNCR @26.60
A trigger buy for SNCR was hit. Which doubles my position. Next trigger to buy is 25.95. I’m just buying this thing up, then selling north of 30.
I have a buy-limit order on DTV. I’ve had DirectTv for a few years now, and I never thought of investing in it. Until one day I was watching a Laker game. It must of been a blowout since I started wondering about how advanced we have become in television systems. Anyway, earnings have been double digit qoq for a while now. And I like their management. Just this week, DTV announced the use of MDU Technology, which is designed to provide their service in a “multiple dwelling” unit. Fantastic idea. I’m not exactly sure how this works, but it sounds like DirectTV will install a MDU dish on a large appartment or condo at no cost to the owner, and the renters can purchase the service if they want. I’ll see how this works out, but it’s a concept that other big companies have been trying to run, like Google.
Anyway, DTV creeping up on new 52 -high. I’m expecting a pullback here, so my buy-trigger is set around 40.50. Cheers!
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