$SBGI

$SBGI bounced 17% today to $16.30 on a solid Q4 and “in-line” 2026 guidance. Although I remain constructive on $SBGI, seeing potential for a $21-23 stock price IF Ventures is spun and IF they’re able to do an accretive deal with $SSP to make their broadcast TV biz (borderline) viable, I rang the register on a good chunk of my investment today. Given the risks and uncertain timing involved, I felt like I was only playing for a couple of dollars of near term upside. I’d rather have the dry powder in this market. Would love to buyback the shares lower.