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Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago DISH Network Is Down 0.7% (DISH)
[November 26, 2012]

Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago DISH Network Is Down 0.7% (DISH)

Nov 26, 2012 (SmarTrend(R) News Watch via COMTEX) -- Two weeks ago on November 6th, 2012 DISH Network (NASDAQ:DISH) reported earnings and analysts, on average, expected earnings of $0.56 on sales of $3.6 billion. The company actually reported EPS of $0.70 on sales of $3.5 billion, beating EPS estimates by $0.14 and missing revenue estimates by $40.1 million. Shares of DISH Network have slipped from $36.00 to $35.75, representing a loss of 0.7%, since the company reported earnings 20 days ago.

In the past 52 weeks, DISH Network share prices have been bracketed by a low of $20.89 and a high of $36.68 and are now at $35.75, 71% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of DISH Network on October 11th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.53. Since that recommendation, shares of DISH Network have risen 6.6%. We continue to monitor DISH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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