Bought More SNCR, Up Next DirectTV

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!