Disney Stock News & Earnings

[RivShore]

It's not really a Pump and Dump. A lot of people felt Game Stop was significantly over-shorted. They called on that bet, in the same way the shorters called on the bet that Game Stop was over-valued. Both positions are likely correct, but the shorters forgot to keep an eye on the other players.

That's true. And what really fueled it was that the shorts actually shorted 140% of available shares. How is that even allowed and how did they ever think that no one would notice and put the squeeze on them. I was more referring to how the squeeze was so quickly organized on chat boards just like the early days of the internet.

 

[hertamaniac]

Thank you AAL...the flight was worth it. March calls cometh!

 

[RivShore]

The first few minutes of this has a great explanation of how the Gamestop thing unfolded - even has a Disney related ending:

https://www.cnbc.com/video/2021/01/...ail-traders-going-up-against-wall-street.html

 

[ford91exploder]

I wonder how Gamestop will shake out.

Game Stop the business will probably fare quite well since Sony/Microsoft/Nintendo are all fielding new consoles. Game Stop the stock who knows although taking out one predatory hedge fund was a good thing. But the last thing any millennial and boomer needs is another crash to wipe out half of one’s retirement savings.

what needs to happen is congress needs to ban shorting period end of story because shorting especially naked shorting which happened here and thats how 140% of shares were traded destroys market liquidity.

 

[ford91exploder]

At least they could admit they were very wrong...

Disney bear LightShed throws in towel, upgrading to Neutral: 'We were wrong'

https://seekingalpha.com/news/36500...throws-in-towel-upgrading-to-neutral-we-wrong

No, Not wrong just became another lemming because board members were getting anxious because Lightshed was not chasing the current shiny object

 

[Timandalicia]

171 today. I’m going to be pulling out. It’s going to even out here and then I’ll go back in in about 2 weeks. I mean I’m in for the long haul but there’s times where I like to play the ponies.

I was going to buy back in at 149 but couldn’t help myself. Bought 200 for myself and 20 for each of my kids (That’ll be fun for them) when I saw it dip to 163. Let’s say we all meet up here and have a party when it hits 200!!!!!

 

[wench]

Really glad I bought 45 shares last spring when it was under $100 a share. Everyone I know thought it was dumb of me to tie up my cash in a pandemic, But, my job was very secure, so I felt safe doing so. I’ll probably sell in spring 2022, so I can take my son on a graduation trip. Tokyo Disney or bust!!!

 

[RivShore]

And another new high at $188.93 up over $7 today. Expectation is better than expected earnings on Feb. 11. We shall see but the expectations seem sky high currently.

ETA: Correct earnings date. Thanks Dina.

 

[dina444444]

And another new high at $188.93 up over $7 today. Expectation is better than expected earnings tomorrow. We shall see but the expectations seem sky high currently.

$189.64. Wouldn’t be surprised to see it surpass $200 on Thursday in after hours.

 

[RivShore]

$189.64. Wouldn’t be surprised to see it surpass $200 on Thursday in after hours.

A lot has to go right for that to happen, and it certainly could. Off the top of my head, I think these things would have to happen to pop it over $200 this week (in order of importance): continued explosive D+ growth, significantly better than expected performance at the parks that are open, and some clarity on DL's re-opening.

 

[OKW Lover]

$189.64. Wouldn’t be surprised to see it surpass $200 on Thursday in after hours.

I'm selling part of my position when it hits @200. A small part though.

 

[Timandalicia]

Thought this deserved it's own thread - an all time high during a time when most of it's divisions are being hit hard is just incredible. Disney+ and the other streaming initiatives debuted at just the right time for us long time holders!

Today's move was helped by this:
https://www.fool.com/investing/2020/12/02/disney-stock-will-surge-to-175-according-to-this-a/
ETA: High for 12/2/2020 was $154.01

190!!!!

 

[Timandalicia]

I'm selling part of my position when it hits @200. A small part though.

Just enough to pay for my trip to Disney World.

 

[RivShore]

Some of today's news for those interested:

Only A Year Old And Disney+ Already Is Royalty In The Magic Kingdom And More Earnings News
https://finance.yahoo.com/news/only-old-disney-already-royalty-141803485.html?.tsrc=rss
Disney Stock Has a Lot to Prove This Week
The media giant is hitting new highs this week. It will have to earn them on Thursday
https://finance.yahoo.com/news/only-old-disney-already-royalty-141803485.html?.tsrc=rss
Could Comcast Cash Out on Hulu Early?
One analyst says Disney should buy out Comcast's Hulu stake this year
https://www.fool.com/investing/2021/02/09/could-comcast-cash-out-on-hulu-early/

 

[hereforthechurros]

We bought in in the fall before it took off. Only regret is that we didn't buy more. Hoping Disneyland reopening is another boost at some point.

 

[Timandalicia]

$189.64. Wouldn’t be surprised to see it surpass $200 on Thursday in after hours.

Just saw a little thing on CNBC on subscriptions. We might not hit 200 tonight but it’s going to keep going.

 

[RivShore]

After hours its up to $198 - so close to your $200 target.


Disney earnings top expectations, Disney+ subscribers soar to 94.9 million
https://finance.yahoo.com/news/disney-reports-fiscal-q1-2021-earnings-results-144657907.html

 

[P'colaBeachBum]

Put my vote last week..again a no on Iger. So excited to see the stock go up! I almost purchased more shares last year when it dropped, kicking myself for not doing it!

 

[RamblingMad]

Makes sense. It’s basically Netflix plus other businesses.

 

[OKW Lover]

Interesting results. Looking forward to the market reaction tomorrow! Still holding my DIS stock but will take a profit on a small percentage when it hits 210.