Discovery Communications (DISCK/A)

It has only been 25 short days since we published our blog on Discovery (here) Few things have happened since then. Discovery is up 26% since then. Not that the short term vindicates the thesis. It just indicates how dirt cheap DISCK was at one point.

Screen Shot 2017-12-20 at 6.58.51 AM

This was necessarily driven by two things: a. John Malone talking about it here

b. John Malone putting his money where his mouth his here.

Will be interesting to watch what happens with DISCK/A.

Disclosure: Own DISCK.

 

 

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