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Follow "sell on news" strategy for Dish Network (DISH)
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Posted on 11/09/09 at 1:57pm by Mark Moneymaster
Dish Network (NASDAQ: DISH) stock has already moved up by close to 6% by early afternoon trades on Monday. The same has happened subsequent to Dish Network's (DISH) Q3 results, after which the company has hinted at announcing a $2 per share dividend to its investors. However, this is a case of "sell on news" as Dish Network (DISH) is facing some serious injunctions.
DISH Network (DISH) faces an injunction that could shut off "TiVo-ing" abilities for millions of its subscribers.
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