Dish Network Corporation (dish) Worth $60 A Share?

Discussion in 'Investment Charts' started by Chartman, Aug 5, 2018.

  1. Chartman

    Chartman Senior Investor

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  2. gowiththeflow

    gowiththeflow Senior Investor

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    I am sure I came across an affiliate program for this company years ago which looked a little amateurish if I remember correctly. However, there is every chance the company has changed since those days and with brokers forecasting a fair value of around $60 a share, even if they are a little overoptimistic, there could still be some significant upside.
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    There would appear to be some decent upside on this one. I was going to say it might be worth waiting for a pullback but I dont think we will see one. The shares have finally broken out of their long term down trend. Will they hit $60 in the short to medium term.....nice return from here if they did!
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    Sometimes when trading is turning upwards brokers can still be conservative - perhaps the $60 target is just the first of a number of upgrades to come through? Interesting play this one as $60 is not a million miles away from where we are today.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    If this is the turning point for the company then the idea that recent broker upgrades may be the first of many is a valid one. At this stage of the cycle brokers tend to be cautious so an interesting point.
     
  6. Chartman

    Chartman Senior Investor

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    This one could be an interesting buy on any sign of weakness. Whether we will see any weakness is the big question but if this broker has called the up turn then there could be a lot more to come from this company.
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    This one looks to be consolidating ahead of a run higher to me? The sellers are slowing being soaked up - the buyers will take control any day now. Price today $35.04. Lets see what happens :)
     
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