not going to get into a long-winded explanation -- that bottom blue line that points out to the 2.60s -- that's a little bear wedge that longs might wouldn't like if things go the way the wedge wants it to go...
all said - most of us aren't experienced with Sxm handing out dividends -- -- so, well...looks like it'll be a learning experience...limh
tomorrow's suppose to be the last day that the lettered agencies have to decide on the dejure - I'm sure that liberty already has their wink wink nod nod, though.
Anyway...
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I have been slow to catch up and it wasnt easy but I found ya. Is this the Forum and discussion section people are using? Wow, you step away from the computer for a bit and holy smokes things change....
Well not much signals yet on level 2.
After hours I read does matter for being a holder of shares last night so 2.79 ah could be good.
Also read it doesn't have to move exactly the amount of the divi. And saw many instances the pps went up but usually moves with general market.
The huge calls at 2.75 could have somehow been a way to dump shares at 2.75 after the dividend hold requirement. Today is also op ex too?
2.75 bids 2.80 ask pm and nite at $10m lol