DIS Shareholders and Stock Info ONLY

[OKW Lover]

82.46 USD−3.39 (3.95%) today

Time to buy!

 

[RivShore]

Some mentions of bearish options...

Disney drops to lowest in over three years as investors turn bearish​

Disney stockholders are scrutinizing the company's turnaround plan after chief Bob Iger earlier this month promised a mix of price hikes across its streaming properties, more ads and cost cuts to lift the business. On Thursday, Disney options were busier than usual with some 195,000 contracts traded by around 1 pm ET (1700 GMT). Trading sentiment leaned toward bearish bets with put options that would guard against the stock slipping below 80 by mid-September and mid-October, and were among the most actively traded contracts, according to data from options analytics firm Trade Alert.

 

[Jwaire]

Houston, we have a problem. We are getting close to takeover target.

 

[RivShore]

Disney shares haven’t closed lower than $84 since Oct. 17, 2014, when they finished at $83.83.

Yikes! It had not really sunk in that we are now lower than the Covid lows. How in the world is it lower than when the world and every Disney property, was shut down indefinitely? How is it lower than the depths of the pandemic when the zombie apocalypse was nigh?? This is not funny anymore. Will we miss the days of the high stock price under Bob 2.0?

 

[Obi-J Kenobi]

Houston, we have a problem. We are getting close to takeover target.

Come'on Elon...just blow some more billions on another company and set sail!

 

[RivShore]

Come'on Elon...just blow some more billions on another company and set sail!

Yes! And get ready for the flame thrower ride...the Boring company ride journey to the center of the earth...and the new mission space, where your $5M LL will actually get you launched into space!

 

[RivShore]

Yes! And get ready for the flame thrower ride...the Boring company ride journey to the center of the earth...and the new mission space, where your $5M LL will actually get you luanced into space!

And can we finally have electric cars on Speedway? Please!

 

[TheDailyMoo]

Yikes! It had not really sunk in that we are now lower than the Covid lows. How in the world is it lower than when the world and every Disney property, was shut down indefinitely? How is it lower than the depths of the pandemic when the zombie apocalypse was nigh?? This is not funny anymore. Will we miss the days of the high stock price under Bob 2.0?

Yup. It's been bad for a while. We never participated in the rally and now we're going lower than we've been in a LONG time. Very embarrassing as a "blue chip".

 

[TheDailyMoo]

Time to buy!

Nope. No more for me. My average price is so high I'm embarrassed to say what my cost is. I'll probably not see that money until Disney celebrates their NEXT centennial! Also when the macro market does turn around there will be much better buys out there. I've followed this stock closely since 2008 and I've always known it to be a laggard and not particularly liked by Wall St. Yet I finally bought in a few years ago near the highs because of the reason many of us purchase this stock...the emotional attachment. Which is the WORST reason to buy and sell any stock. If I see something crazy like the 60s...which my goodness I'm hoping not...maybe I'll add again but for now I'm considering this a very poor choice of investment on my part.

 

[Jwaire]

It just blows my mind that you could theoretically takeover TWDC right now for around ~$77 billion (51% of outstanding shares).

You can literally take control of The Walt Disney Company for the same price it paid to acquire 20th Century Fox.

 

[TheDailyMoo]

It just blows my mind that you could theoretically takeover TWDC right now for around ~$77 billion (51% of outstanding shares).

I try not wear my tinfoil hat too much but with all the flops and poor decisions lately it almost seems like the ONLY explanation is Iger and the board are tanking the company on purpose to be bought out by Apple. Can we get a cardboard cutout of Iger in his underwear just like the owner in Major League??

 

[irlandaise]

I've followed this stock closely since 2008 and I've always known it to be a laggard and not particularly liked by Wall St. Yet I finally bought in a few years ago near the highs because of the reason many of us purchase this stock...the emotional attachment. Which is the WORST reason to buy and sell any stock.

Eh, I don't think it's the worst thing in the world to buy a little bit of stock for personal reasons. And if you have kids, owning a bit of Disney stock (or another stock that might interest young people) gives you an opportunity to show them how equity investing works.

 

[TheDailyMoo]

Eh, I don't think it's the worst thing in the world to buy a little bit of stock for personal reasons. And if you have kids, owning a bit of Disney stock (or another stock that might interest young people) gives you an opportunity to show them how equity investing works.

Yeah, if it's not too large a portion of your portfolio sure. Disney does...or at least DID make up a significant portion in my Roth. Bad choice. Should've gone Microsoft or some big tech instead, or ANY divvy stock...would've been so much better off. Anyway can't turn back the clock and not going to sell at lows either so it is what it is. The stock just stinks! The chart from the highs at 200 look like some fly by night biomed OTC stock. No blue chip chart should look like that!

 

[wabbott]

https://finance.yahoo.com/news/1-disney-closes-lowest-nearly-203503636.html

UPDATE 1-Disney closes at lowest in nearly nine years as investors turn bearish
Thu, August 24, 2023 at 2:35 PM MDT
DIS -3.91%

(Updates shares and milestone, data on options in paras 3 and 4)

Aug 24 (Reuters) - Shares of Walt Disney fell 3.9% on Thursday, closing at their lowest level in nearly nine years, with some investors betting that a further price drop is on the cards in the next few months.

Disney stockholders are scrutinizing the company's turnaround plan after chief Bob Iger earlier this month promised a mix of price hikes across its streaming properties, more ads and cost cuts to lift the business.

On Thursday, Disney options were busier than usual with some 321,000 contracts traded, or 1.4 times the average daily volume, according to data from options analytics firm Trade Alert.

Trading sentiment leaned toward bearish bets with put options that would guard against the stock slipping below 80 by mid-September and mid-October, and were among the most actively traded contracts.

Put options convey the right to sell shares at a fixed price in the future. Disney's stock was also dragged by weakness in the broader market as investors turned cautious ahead of U.S. Federal Reserve Chair Jerome Powell's speech later this week.

In Disney's earnings report on Aug. 9, Iger acknowledged the entertainment company faces a "challenging environment" in the near-term and the company's shares have dropped over 5% since the time.

Disney's stock closed at $82.47, its lowest since October 16, 2014.

(Reporting by Yuvraj Malik in Bengaluru and Saqib Ahmed in New York, additional reporting by Leroy Leo; Editing by Krishna Chandra Eluri)

 

[irlandaise]

Yeah, if it's not too large a portion of your portfolio sure. Disney does...or at least DID make up a significant portion in my Roth. Bad choice. Should've gone Microsoft or some big tech instead, or ANY divvy stock...would've been so much better off.

I bet we've all been guilty of letting something get overweighted in our portfolios at one time or another! A company, a sector, whatever...

What's a "divvy stock"?

 

[TheDailyMoo]

sorry, dividend

 

[irlandaise]

sorry, dividend

Ah, yes, those are nice. (Paging Bob Iger...)

 

[TheDailyMoo]

What's a "divvy stock"?

sorry forgot to quote you. Dividend paying stock. Even something boring like JNJ would have me up quite a bit by now. Emotions and stocks do not go together

 

[jade1]

It just blows my mind that you could theoretically takeover TWDC right now for around ~$77 billion (51% of outstanding shares).

You can literally take control of The Walt Disney Company for the same price it paid to acquire 20th Century Fox.

Didn't Disney pay that for Fox?

 

[Jwaire]

I try not wear my tinfoil hat too much but with all the flops and poor decisions lately it almost seems like the ONLY explanation is Iger and the board are tanking the company on purpose to be bought out by Apple. Can we get a cardboard cutout of Iger in his underwear just like the owner in Major League??

So many blunders in so little time:

- Losing Tom Staggs and Kevin Mayer
- Decision to build Shanghai Disneyland after both Hong Kong and Paris were abysmal financial failures for years (even decades)
- Letting the domestic parks stagnate
- 20th Century Fox acquisition that netted the company nothing
- Decision to create TWO SEPARATE streaming services and green light enormous streaming budgets for unproven sub-franchises
- The lack of creativity in Walt Disney Live Action Studios (keep pumping out the remakes)
- Letting Bob Chapek ruin the Disney difference in the Parks & Resorts by jacking up prices, cutting entertainment, cutting services and building cheap attractions
- Promoting Chapek to CEO
- The complete decimation of Walt Disney Imagineering

The list goes on and on.