DIS to close due to COVID19

S2007S said:
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
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This is accumu;ation for 6 months to a year. DIS was at $140 not that long ago and once Corona blows over, DIS is a mega entertainment conglomerate...
 
El OchoCinco said:
This is accumu;ation for 6 months to a year. DIS was at $140 not that long ago and once Corona blows over, DIS is a mega entertainment conglomerate...
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Well will just have to see where the bottom is. Earnings are going to come far down for them in the next few weeks and if parks are.closed beyond april earning will have to be readjusted for the entire year
 
S2007S said:
Well will just have to see where the bottom is. Earnings are going to come far down for them in the next few weeks and if parks are.closed beyond april earning will have to be readjusted for the entire year
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I think it has more to go but remember man who picks bottom has shitty fingers.

So going to scale in 50 shares at a time weekly or so and see if I can get up to 5000 shares at a low dollar cost average and wait until $120 - $140 in the Spring...
 
El OchoCinco said:
I think it has more to go but remember man who picks bottom has shitty fingers.

So going to scale in 50 shares at a time weekly or so and see if I can get up to 5000 shares at a low dollar cost average and wait until $120 - $140 in the Spring...
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I'm not a fan of picking individual stocks but if the big names fall another 50% I'll be scaling into them ...right now just trading etfs. But a good idea to trade it the way you are, plus you get a little divided along the way
 
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