Filed under: , , ,

EchoStar (NASDAQ: DISH) shut at $28.64. Smith Barney says, “three ‘anti-M&A’ events have removed any take-out premium - Tax-free spin SATS, insider selling, and DISH participation in 700MHZ auction have removed M&A premium from DISH shares. We still think M&A is possible.”

DISH January option implied volatility of 43 is near its 26-week average according to Track Data, suggesting non-directional price risk.

M&A Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

You might also be interested in these

Leave a Reply

Close
E-mail It