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'Man vs. Wild' is a great show. And I like 'Bear'. But why the 7% pop yesterday for Discovery Holdings (DISCA) on no news and heavy volume?

I profiled Blue Ridge Capital the other day, and DISCA is one of Griffin's top holdings. Other funds that hold DISCA are:

Zebra Capital ,portfolio here (Ibbotson & Chen's quant fund)
Southeastern Asset Management, portfolio here
Amber Capital, portfolio here
Force Capital Management, portfolio here

Is this just a simple breakout, or could DISCA be a target? A lot of open interest in the October calls...

disca

Mebane Faber

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