DISH Network Corporation (DISHR)

[Penny chatter]

Didnt buy

[retireat40]

It's garbage...anyone who bought this morning has lost their a$$

[retireat40]

That's how he rolls...avoid his plays and you'll be fine.

[The Rainmaker]

That's sad, they expire worthless today. Now you give picks that go to zero the same day you give out the pick.

[BCNstocks]

What does that mean? They just keep selling?

[Charleybay]

Looks like alot of dumping. Will we continue to trade??

[DDHOUND]

They expire today!

The rights are expected to trade on a "when-issued" basis under the symbol "DISHV" beginning on November 22, 2019, and on a "regular way" basis under the symbol "DISHR" beginning on November 25, 2019 until the close of trading on NASDAQ on December 9, 2019, the expiration date of the rights offering, unless DISH extends the offering period.

[DDHOUND]

"Each subscription right will entitle the holder to acquire one newly-issued share of DISH's Class A common stock at a subscription price of $33.52 per share of Class A common stock."

So its a right to buy DISH stock at 33.52. Dish is trading at 33.60 so ts tied to the current price of DISH. Really simple.

[HDOGTX]

DISH's Class A common stock is traded on The NASDAQ Global Select Market ("NASDAQ") under the symbol "DISH." DISH expects that the Class A common stock issued in the rights offering will also be listed on NASDAQ under the same symbol. The rights are transferable and have been approved for listing on NASDAQ. The rights are expected to trade on a "when-issued" basis under the symbol "DISHV" beginning on November 22, 2019, and on a "regular way" basis under the symbol "DISHR" beginning on November 25, 2019 until the close of trading on NASDAQ on December 9, 2019, the expiration date of the rights offering, unless DISH extends the offering period.

[Charleybay]

Nice!!! Just caught my here!! Any DD?

[Penny chatter]

What's the story here?

[HDOGTX]

Picked some up here, interesting...