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Florida lawmakers to vote on plan to give DeSantis new power over Disney

By Steve Contorno, CNN
Published 10:21 AM EST, Thu February 9, 2023




230209094618-ron-desantis-0208.jpg

Florida Gov. Ron DeSantis speaks during a news conference in Ocala on February 8, 2023.
- I WANT TO MAKE JIMMY CRAMMER LOOK LIKE AN ASS!


CNN —
Florida lawmakers are expected to vote Thursday on a proposal to give Gov. Ron DeSantis new power over the state’s most iconic theme parks amid his ongoing feud with Disney.

Under a fast-tracked bill that could be headed to the Republican governor’s desk by the end of the week, the state would take over the Reedy Creek Improvement District, the 55-year-old government body that has effectively given Disney control over the land around its Orlando-area theme parks. The district’s existing board, made up of individuals with close ties to Disney, would be replaced by a five-member board hand-picked by DeSantis.

The state House, where Republicans hold a supermajority, will take up the bill Thursday with a vote by the state Senate likely within the next 36 hours. If the measure passes the GOP-led legislature, it will go to DeSantis for final approval. He is expected to sign it.

*****THIS COULD BE DOWN HUGE IF THE VOTE GOES DESANTOS' WAY :cool:


 
Wait till SPY hits $415.65
Then reverse.
:wtf: :wtf: :wtf: :wtf:
Ku-Ku-Kee-Choo!


Hey Stoney.
I told ya so. Expedia is dropping fast.
You should have got out when I said and rolled into those March $130's on ABNB.
EXPE had already ran up with the airlines.
ABNB is a cashcow. It's expensive don't get me wrong, but they print money.
Your EXPE idea was to play travel, the better way is ABNB.

Your March EXPE $130's are down to $2.85 now.
If that stock doesn't gap up nicely tomorrow.... those things will get chopped in half.
Fair warning.
 
I do like the EXPE chart though. Tbh.
Fundamentally it's cheaper than a lot of other tech stocks.
Their operating margin could be better. That's what the analysts are gonna focus on this time I suspect. They need to get those higher than 5%.
ABNB's by comparison are 20% plus.

Revenue growth will come in nicely yoy, they'll more than likely beat on the top line, and I don't see how they can't not revise upwards, but I think that's probably already priced in.

All eyes are gonna be on those margins.
The straddle is pricing a 7% move.
I think there's still hope Stoney.
You might be ok on this one.

I think the better play however, would be to sell The March $120 straddle for $14 here, let the earnings come in, let the dust settle, and then buy it back.
Better to take a base-hit than swing for the fences.

Why does the stock have a "failure to meet nasdaq continued listing requirements" tagged on to it?
Must be a paperwork thing, nothing to worry about for now.

Like I said, the chart looks decent Stoney, so its up to you whether or not to close it before tonight.
$2.79/$2.87 bid/ask on the March $130's as I type. $118.06 on the stock.
 
Cramer has gone positive on DIS this am.... Contrarian Indicator!

We have universal upgrades---penguins!!!!


The Walt Disney Company (DIS) Is this a nice short today!
:cool: Case to made for double top at $122.

NYSE - NYSE


111.78+0.15 (+0.13%)
At close: February 8 04:04PM EST
119.15 +7.37 (+6.59%)
Pre-Market: 9:03AM EST


Crammer said buy at $118 he had meat juice on his chin!!! <-- busted. :D

I sent him emails he must be fuming!!!! And he will defend this to the max...
but what if the court case goes wrong...

Down $5 + Take half off/// :fistbump:





DIS The Walt Disney Company

$113.44 +1.66 (+1.49%):vomit:

12:49 PM 02/09/23
NYSE | $USD | IEX real time price
 
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