Get cash ready to buy the dip
I have watched that stock like a hawk. It bottomed out and has bumped up a little. Not enough to pull the trigger, but I'm watching it and waiting.
The bumb was an increase in Disney plus subscribers. That's not enough considering the losses they'll experience from their parks and delayed movie openings
I have watched that stock like a hawk. It bottomed out and has bumped up a little. Not enough to pull the trigger, but I'm watching it and waiting.
Me too, I went against my gut wanting to go to more cash and cut out too early on Amazon and Netflix even though they should be lifetime holds because I just don't trust this market. Made some money back on some small biotech plays but left a lot of money on the table.I have watched that stock like a hawk. It bottomed out and has bumped up a little. Not enough to pull the trigger, but I'm watching it and waiting.
Me too, I went against my gut wanting to go to more cash and cut out too early on Amazon and Netflix even though they should be lifetime holds because I just don't trust this market. Made some money back on some small biotech plays but left a lot of money on the table.
50 million subsThey just launched Disney Plus which has picked up 30 million subscribers. They get about $6 per month. Or 180 million bucks a month. Or about $2+ billion a year. Helps ease the pain.
They will be hit hard but in 18 months the virus will be gone and their assets will still be in place. No tears for Disney.
And like 2008, the government will decide who can fail and who is too big to fail. I have been hearing about the corporate debt bubble for 2 years now. Fact is, the government showed its hand a decade ago. Not only does it have bullets you can’t even imagine possible, they wont stop at any expense to keep the American investor as close to whole as possible. I learned the hard way back then. I now only go long and average cost invest. This correction was a gift .(in investing only)Companies overleveraged in debt. There are going to be some explosions coming soon, and we're going to hear the same as 2008, credit/risk wipeouts. I'm not getting in anything soon.
I have a long term play in UCO (oil) at current levels. In a year or so that stock will be back at 8+, 500% gain from here.
How many are freebies, though? I get it and I'm not paying for it.50 million subs
How many are freebies, though? I get it and I'm not paying for it.
But what are they paying to Disney? I am sure it’s much less than any consumer would pay.Buy the rumor, sell the news. The play in Disney happened.You mean you get it as part of some other package or something? Someone's paying someone something even if it's not you.
I have a long term play in UCO (oil) at current levels. In a year or so that stock will be back at 8+, 500% gain from here.
Disney had 100 years of old content and a global quarantine that helped gain the 50 mil subs. And yes, there will always be some sort of market for Disney but at what cost and shelf life. Netflix invests something like 15 billion a year in new content. Disney is no where close and it will take some time for them to play catch up, if they even want to. I am not suggesting that Disney is a bad company or a bad long term investment. Its simply not high growth or a strong streaming play. For that, look at the one month chart of NFLX. I do agree with you that Disney is a buy in the high 70s, low 80s. It seems that this 105 level is major resistance and has failed here numerous times. Either way, good luck and I hope you make some money.Disney+ going from 0 subscribers to 50 million in months vs taking Netflix about 14 years is remarkable and speaks to the brand. And it debuted in Europe last month and in India in the past week. We don’t know the net revenue per sub, but probably $5+ which is very respectable.
As for concerns about movies, Disney will take a hit for a while. Streaming first run movies could mean greater revenues for Disney than starting in theatres, but nobody can prove that yet.
ESPN is a cash cow that’s not growing. My guess is it will not be part of Disney in 5 years.
The parks will come back as a visit is on every families vacation must visit list. Parks won’t rebound overnight.
Disney stock was $80 recently and I thought it was a buy and now it’s $104. Great company with great brands, but business is being hit pretty hard so you will probably get another chance to buy it at a lower price.
Wouldn't oil/crude stocks and options be something good to get into now? Just wondering
Me, I could care less about Disney - not a company I have respect for anymore
They just launched Disney Plus which has picked up 30 million subscribers. They get about $6 per month. Or 180 million bucks a month. Or about $2+ billion a year. Helps ease the pain.
They will be hit hard but in 18 months the virus will be gone and their assets will still be in place. No tears for Disney.
50 million subs
Disney+ going from 0 subscribers to 50 million in months vs taking Netflix about 14 years is remarkable and speaks to the brand. And it debuted in Europe last month and in India in the past week. We don’t know the net revenue per sub, but probably $5+ which is very respectable.
As for concerns about movies, Disney will take a hit for a while. Streaming first run movies could mean greater revenues for Disney than starting in theatres, but nobody can prove that yet.
ESPN is a cash cow that’s not growing. My guess is it will not be part of Disney in 5 years.
The parks will come back as a visit is on every families vacation must visit list. Parks won’t rebound overnight.
Disney stock was $80 recently and I thought it was a buy and now it’s $104. Great company with great brands, but business is being hit pretty hard so you will probably get another chance to buy it at a lower price.
Same here, I'll never pay for it. I made the mistake of of paying for ESPN+ for a year upfront and it's got nothing for me right now.And there are a bunch like me who are Verizon subscribers who are getting it for free for a year. Don't know if I'll keep it, but I know at least some will.