Sinclair Stock Making a Dive

Sinclair’s stock is hovering at a 52 week low after they reported their 4th quarter earnings and profits came up light.

Back in May the stock was above $60 a share and right now it sits around $23 a share and I expect it to dive down to $22 and change when the market opens this morning.

Sinclair is still poised to make a killing on political advertising this year and I expect that the stock price will start trending higher in the next few months.