Seeking Alpha

Midday Gainers / Losers

Comments (6)
  • Chris DeMuth Jr.
    , contributor
    Comments (5122) | Send Message
     
    That is a misleading description of (NASDAQ:DISCA) today since it is trading on the basis of a distribution. Last I checked, it was up modestly today.
    7 Aug 2014, 12:55 PM Reply Like
  • Ayuna Badmaeva
    , contributor
    Comment (1) | Send Message
     
    will they back to 80+?
    7 Aug 2014, 02:06 PM Reply Like
  • docpl
    , contributor
    Comments (3) | Send Message
     
    DISCA, DISCB and DISCK had a 1:1 distribution of DISCK shares today.
    7 Aug 2014, 02:22 PM Reply Like
  • James Sands
    , contributor
    Comments (2407) | Send Message
     
    This kills me, almost all financial sites have it like this. Automation at its finest.....
    7 Aug 2014, 03:14 PM Reply Like
  • docpl
    , contributor
    Comments (3) | Send Message
     
    Think of it as an experiment to see what sites are auto-generating content.

     

    It's been quite revealing today watching the alerts pop up on DISCA... almost no one has an explanation associated with the 50% price drop, if you want the actual details on the distribution I believe you have to go back to press releases from last May (unless someone has "fixed" the lack of information since this morning).....
    7 Aug 2014, 04:55 PM Reply Like
  • James Sands
    , contributor
    Comments (2407) | Send Message
     
    Yea Chris above was on top of it and I got the old press release from Discovery's IR.

     

    What is most interesting is that there wasn't much news reporting it today.
    7 Aug 2014, 04:59 PM Reply Like
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