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Despite the buyback it still holds no interest to us, this was a measure to stop a outflow of investors as the stock was on the verge of a major break to the downside. SOURCE Marketwatch MSG Networks Inc. shares rose more than 9% in the extended session Thursday after the operator of regional sports and entertainment networks spun off from Madison Square Garden...
Broke out today to new all time high on news they are looking to sell. Looking to break 24.86 resistance. If it can pick up volume i'll be looking for a 25.00 entry with 24.52 SL. NYSE:MSGN
It's crazy how much green is in this chart... ignored the losses from today, like they never showed up to the boring party and had a blast all by themselves! This looks ready to climb up the right side of yet another bounce, and may just skip the stone up to major resistance line around $26 within a couple weeks.
Madison SQ Garden Network, spun off earlier this year breaking out on media merger craziness.