$DISH. Charlie Ergen is bad ass... most here have probably never heard of him. He's up there with Job's in the brilliance department... and he's got a lot of time left. Had I seen DISH at $18.... omg. Lets hope it pulls back. Its not about TV btw.... its about spectrum. That's a small "s" on spectrum, not the big "S" one, although they might be interested. I could go on and and on, but I don't feel like it at the moment. You're just gonna have to trust me on this one. See Charlie, he's cheap as F... grew up in TN. Oak Ridge. And that's because his old man was a nuclear physicist. I think there was a little project there back in the day... A Swede too... or Austria... one of those places. But Charlie came up country... his dad must have been incredibly smart. Charlie's pure TN. Anyway..... one of the best pieces of stock picking advice I ever got (decades ago)... was "always bet on the man, not the company". It is true. Seen it play out lots of times. Charlies the man. He owns tons of satellites and tons of spectrum. He knew TV was dying, made several deals, and he's still here. Don't sell this man short. He's a friggin genius. Now's his time. People will be begging for that spectrum and those sats. It all looks bad for $DISH but I like what they own. DISH is a deal at $22 for the retirement accounts. It may go lower but make no mistake, this is not about pumping TV into your house via an unsightly whatever drilled into your $40K shingle job by a guy earning minimum wage and battling it out with Disney over ESPN crap... its about the spectrum and all those transponders, and Charlie owns it all. Working from home is the brave new world... and Corona or not... its here to stay. Global warming and all that stuff... Corona just proved, or is proving, we no longer need all these cars because tech has made working at home feasible in a big way. Buy $DISH on any pullbacks. They own pipes. Gold pipes. Its a double. It may take a bit... but it will double and it is safe. Bet on the man, not the company.
45% of the households in the U.S. have no access to cable. Charlie is sitting on the best kind of pipes. Golden pipes. And their pumps. All paid off. Not to mention about a trillion patents.
On July 26, 2019, DISH announced it had reached an agreement with T-Mobile US and Sprint Corporation to sell Boost Mobile and Virgin Mobile, Sprint's prepaid businesses, for $1.4 billion to DISH Network. They will also sell DISH $3.6 billion of 800 MHz spectrum, Sprint's entire 800 MHz portfolio. DISH and T-Mobile are currently negotiating the lease of 20,000 cell sites. Charlie is too smart to have his sights set on cell-phones and their race to the bottom in pricing. You watch. This cat's a visionary.
No I've just followed DISH for years, was an early customer actually and I always thought the stock was a dog, I've shorted it a few times. Back in the day there were forums where people went to bitch about the service, myself included, and Charlie would actually come on his own channel (nightly) and address the issues. He'd be like... "And VZ from Peoria is complaining the "idiot" that installed his dish pointed it right thru a tree that had no leaves in December but now its May and his TV's go out. Well, VZ... I'll make sure this gets out to our team members and if you call my office at this number I'll personally make sure we get it right." It was stuff like that that made me say hmmmm. He started Dish with basically nothing and no one behind him. I dunno, he has just always impressed me as being someone who was always thinking ahead of everyone else. I didn't follow it real close, but the story gets really complicated (his quest for more spectrum), around 2010ish. He bought some sat company out of bankruptcy for the bandwidth and it pissed off a bunch of big shareholders. He had a plan, but it got complicated because there was something about using it the way he wanted messed up gps signals. The stock went up though, so I don't know why they bitched. Somewhere in there I was playing it short and lost a few times. Go figure huh, always early to the party. I lost interest but since this last thing from last summer, I kinda started watching it again on and off. He's up to something... you can bet on it. But who knows, they have their share of debt thats for sure and the company has a pe of 8 for a reason so again, who knows. We'll see. He's not the type to just sit around and do nothing though. Its not about the money, its about the game. He's not worth 9 billion for nothing, that's for sure.
there is a theory that aapl is planning to make phone carriers obsolete with a satelite and device to device peer to peer network. Possible that dish had the same in their minds but without the device to device part, which would make it suck to start without it.
Very shrewd businessman. A visionary but I won't want to be on the receiving end of his business dealing or be his supplier.
DISH's been a dog for years, I don't know how long this Charlie fella's been running things, but they should've gone full force on satellite internet a decade ago. Instead they went full retard trying to sell people a dying medium w/an ugly lawn ornament. If Musk has his way and litters the nigh sky w/Starlink, it's game over for DISH.
5G. Either you have cable or you'll run unlimited data on 5G within three years. Sub-ms latency vs. satellite latency > one second (1,400ms with ISP). No mas. Satellite is dead... ask AT&T.