DIS to close due to COVID19

S2007S said:
I wouldn't touch Disney until its 50% lower!!!

Unless you buy every $10 drop
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Certainly could lose a lot more from where it is but I might start buying 50 shares every 2 weeks for next few months in long term account.

The parks are revenue but DIS is ABC, ESPN, Marvel, Pixar, Merchandising, Licensing, etc... 1 set of parks closing for a few weeks is a hit but not like old DIS where it was majority of revenues.

Market will overblow the hit but DIS crowds have a spike for Spring Break and then die down until end of June. By then we should be "normal".
 
El OchoCinco said:
Certainly could lose a lot more from where it is but I might start buying 50 shares every 2 weeks for next few months in long term account.

The parks are revenue but DIS is ABC, ESPN, Marvel, Pixar, Merchandising, Licensing, etc... 1 set of parks closing for a few weeks is a hit but not like old DIS where it was majority of revenues.

Market will overblow the hit but DIS crowds have a spike for Spring Break and then die down until end of June. By then we should be "normal".
More...


Once these virus cases drop off yes in sure disney stock will find some ground but with everyone in "panic" mode who knows how long that will be
 
My son-in-law is running in the Boston Marathon (was Apr). Probably going to be put off until Sept.

Frucking Froo! :vomit:
 
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