Disney stock is down on cable segment

[OKW Lover]

Analysts have downgraded Disney forecasted earnings based on expected weakening of their cable business. http://variety.com/2015/biz/news/disney-shares-dow-plunges-367-points-star-wars-1201665354/

 

[rteetz]

Cable cutters are really starting to make this interesting

 

[adam.adbe]

Not surprising. Star Wars is already built into the stock price. How deep declining cable subscriptions will cut is an unknown, but Wall Street is clearly nervous about Disney's long term cash-cows.

 

[Tonka's Skipper]

Comcast as well as.all the.cable companies are looking to having their own problems as well...

This cold effect the funds available for the Uni parks as well.

 

[lockedoutlogic]

E. S. P. N.

Fire Berman

 

[Eoghann]

The markets are shaky in general right now. Take a look at Apple's stock...

 

[han22735]

perfect time to add more shares. I'll take these dips.

 

[lockedoutlogic]

http://www.cnbc.com/2015/12/18/btig-cuts-disney-rating-to-sell.html

 

[lockedoutlogic]

perfect time to add more shares. I'll take these dips.

You sure?

The fact is its been overvalued for five years.

Entertainment companies will always have prolonged peaks and valleys tied to the overall spending patterns. Their "goods" are 100% throw away cash driven.