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- Thread starter Mtowncyclone13
- Start date
Ha! Well I probably would have still paid, just how I was raised. But I blew a lot of money on stupid stuff that I definitely wish I could get back again. Really do hope that my mistakes can be learning experiences for my kids. Obviously they will make their own, but I will offer guidance that I didn't have. Not a knock against my parents by any means, they just weren't raised that way either and just thought differently.
Some decent earnings so far. However Disney was pretty bad and the stock is unchanged. Makes no sense. Jim Cramer just shaking his head and saying it should be down. Then goes into well its "iconic" and will always be around.
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I like Cramer, seems like a good guy, but I don't really listen to his opinion much anymore. I don't think most of his hot takes and opinions are his. Not really his fault, I think the network has more say.
I think the iconic factor is the thing with Disney. I guess I don’t know about others, and I kind of hit their hot spot growing up, but this has only deepened my interest in the company. I had already been itching to get back to Disney World and I was loving Disney+. (This bowl game was a nasty tease) they are obviously going to be hurting in the short term but I think long term it’s a great price.
Two weeks ago I made a decision to stop watching the markets everyday. I honestly feel better knowing since I can't time the wild swings anyways, it's better to just set it and forget it.
Sometimes a great product doesn't mean a great stock to buy... They are losing money just like Netflix on Disney+. I don't know that I want to short this stock but I certainly wouldn't be buying. This was a $30 stock in 2011 before a good run to 2015. Long time double top at ~$42, might be interested closer to that price. But I can't get over my personal bias and hate of ESPN and just the company in general.
Your trying to compare the price of something 9 years ago and 5 years ago. Of course something back then was cheaper.
Inflation does not make that much difference in the short term. There are however cycles to everything. I wouldn't touch Disney stock unless you saw levels close to that breakout level of $42-45 level.
Has very little to do with inflation, and a lot more to do with underlying fundamentals of the company over that period of time. Your price target is based on an outdated business model.
Hopefully I'm climbing the hill again. Was a sucky week for my portfolio. Start gleaning some dividends and see what I want to do with the dividend stocks.
I'd guess maybe people are anticipating them getting bailed out of their screw up with the plane design due to the virus.
It's not up much... That question is better asked of other stocks. There are many stocks that have been woefully mispriced in this "market".
I am still up ok overall but I jinxed myself. Was up 12% when I posted this now down 1% lol
This is going to be a wait and see with sports being out right now. Hopefully you didnt dump a ton in.
