March 9 - Yikes - Disney stock quote

[Mouseaholic!!!]

Disney grownups aren't going to like this....$15.61.


At least they are not 6 Flags. Their stock is below Citicorp at 21 cents p/share today.

 

[OrlandoMike]

Start buying it up now! Cant beat that rate!

 

[lugnut33]

Start buying it up now! Cant beat that rate!

I remember people saying that about Citi, Bank of America, Ford, GM, and others.

 

[Uncleromulus]

That's part of the on-going problem. No one seems to want to risk buying anything. Seems the "stimulus" hasn't done much for Disney--or any other company for that matter.
If I had any $$ left in my 401k as a reserve (which I don't , having seen it shrink in half) $15.61 would be a good buy.
I do have a couple of quarters, so I guess I could buy a few shares of Six Flags--

 

[zulemara]

I need like another month and I'd be able to buy. If it's that low in another month, then I'll be buying!

 

[larry_poppins]

My guess is that you will be able to snatch it up at the current price in a couple of months!

Larry

 

[lugnut33]

That's part of the on-going problem. No one seems to want to risk buying anything. Seems the "stimulus" hasn't done much for Disney--or any other company for that matter.
If I had any $$ left in my 401k as a reserve (which I don't , having seen it shrink in half) $15.61 would be a good buy.
I do have a couple of quarters, so I guess I could buy a few shares of Six Flags--

http://www.disboards.com/showthread.php?t=2114051

 

[redrosesix]

I bought stock today -- not Disney, but I actually bought something for the first time in over 3 months, and I don't plan to day trade it.

That must mean something.

 

[Mouseaholic!!!]

I need like another month and I'd be able to buy. If it's that low in another month, then I'll be buying!

I think the Disneys folks are hoping it's still at $15. in a couple of months.

Let's see how much $$$ p/psn the parks are bringing in this quarter. Doesn't the quarter end 31 March? The news after last quarter was very bad...especially if you were a castmember. If Disney is still unsuccessrul with advertising revenue on it's television channels and worse.....still down at 53% of income p/psn in it's parks division.....what will they cut next?

 

[redrosesix]

I think the Disneys folks are hoping it's still at $15. in a couple of months.

Let's see how much $$$ p/psn the parks are bringing in this quarter. Doesn't the quarter end 31 March? The news after last quarter was very bad...especially if you were a castmember. If Disney is still unsuccessrul with advertising revenue on it's television channels and worse.....still down at 53% of income p/psn in it's parks division.....what will they cut next?

Yes, the quarter ends March 31st -- but many analysts will release their predictions about stocks in advance of company reports. They're not always right, but I like to read the basis for their assumptions and then compare them to what they say after companies release their numbers. A lot of times, they will discuss issues in depth that a company tries to keep a little quieter.

 

[jewelsangel]

These stock numbers are pretty scary, but for me as a young working person who has not yet accessed the market, it does give me a little hope that I can afford to jump in....the question is how.

Anyone know a good resource to do stock research. I'm having trouble understanding the basics.

 

[redrosesix]

These stock numbers are pretty scary, but for me as a young working person who has not yet accessed the market, it does give me a little hope that I can afford to jump in....the question is how.

Anyone know a good resource to do stock research. I'm having trouble understanding the basics.

I watch Business News Network, also at BNN.com -- it's a Canadian network but they have a lot of US analysts and discuss US stocks and markets. I especially recommend watching Market Call (you can watch past shows online) since the analysts really explain the state of the markets and why they are making a call on each of their stocks. They are so well respected that stocks will move within minutes of them making a recommendation.

If you are trying to learn more about how to invest, I recommend watching all of the reports, analyst coverage, and recommendations about a few cpmpanies that you know well eg. WDC, Gap, McDonalds. Then you can compare how they view these companies with what you know from real life.

Good luck!

 

[Ron from Michigan]

Maybe I will have to buy some stock if it stays that low. At least I can add it to my already depressed 401k.

 

[Ron from Michigan]

Maybe I will have to buy some stock if it stays that low. At least I can add it to my already depressed 401k.

 

[jewelsangel]

Thanks redrosesix. I'll try your suggestions.

 

[dhluvsDisney]

Just to let you know, I don't know that the BNN.com link will work. It's BNN.ca that will definately work. I use it all the time.

 

[Cruella 66]

Hmmm...throw a newby to this a bone...how do I go about purchasing stock??? Specifically WDW stock???

 

[61292cna]

if i had any to spend, I'd buy at this price. If the market gets better Diney will do well & if it continues to taak your problems will be so awful, you won't have the time or means to worry about your loss!

 

[Uncleromulus]

Cruella: I'd try one of those companies that advertise on TV--just a few bucks a trade, etc. and all can be done online.

 

[arazamataz]

Bought some shares on Friday, price was right and will keep it for the long haul.