Get out and Vote

[jwcrsf]

https://nypost.com/2022/02/07/outraged-disney-shareholders-want-ceo-bob-chapek-voted-out/

 

[Jrb1979]

https://nypost.com/2022/02/07/outraged-disney-shareholders-want-ceo-bob-chapek-voted-out/

I voted to keep him. He's doing a good job with the Hollywood side of things. The parks are just noise in the background

 

[_19disnA]

There is another similar thread on this topic. You have to own Disney stock to be able to vote and besides the usual items on the proxy, you are voting to re-elect people to the Board of Directors which is separate from their jobs at Disney. Clueless people on social media seem to have zero grasp of how these things work, but enjoy getting 'outraged' over things...........LOL.

 

[LSUmiss]

There is another similar thread on this topic. You have to own Disney stock to be able to vote and besides the usual items on the proxy, you are voting to re-elect people to the Board of Directors which is separate from their jobs at Disney. Clueless people on social media seem to have zero grasp of how these things work, but enjoy getting 'outraged' over things...........LOL.

BUT it’s making headlines & Disney surely knows about it.

 

[lockets]

There is another similar thread on this topic. You have to own Disney stock to be able to vote and besides the usual items on the proxy, you are voting to re-elect people to the Board of Directors which is separate from their jobs at Disney. Clueless people on social media seem to have zero grasp of how these things work, but enjoy getting 'outraged' over things...........LOL.

I think many people understand it fully. This doesn’t mean that people shouldn’t send a message through the board vote.

Theres also a petition signed by 90K+ people and counting with a 150K target. For that one need not own shares.

Disney survived and thrived well before he came along through other economic crisis times with no other CEO making the parks so glaringly about themselves and the almighty dollar. There are many different ways for the parks and other units at Disney to make money. His recent bump in compensation during the transitional period of keeping both CEOs on board could be the first place to look.

He is not indispensable.

Brand perception is everything and greases the wheels to keep the money flowing in. In the short term it is. In the long term will it corrode? Let’s see.

“clueless people on social media” ran the stock price up on GameStop, Bed Bath & Beyond, and AMC with the power of their shares against the institutional hedge funds so there are people on Reddit with some clue lol.

Social media is a game changer.

 

[_19disnA]

People on social media would like others to believe they have some great influence. The reality of companies like GameStop. BBB or AMC is that the market place (sales/profit & loss/market share/etc.) eventually overshadow rogue events orchestrated online which were mostly designed to punish short sellers. The 'pump & dump' concept existed long before social media was around.

Latest AMC chart showed it peaked in 6/2021 and has fallen since then. Once the air goes out of the balloon, they move on to something else.