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re: Anybody else think Disney Stock hits low 70's on Wed??

Posted on 8/7/23 at 7:21 am to
Posted by slackster
Houston
Member since Mar 2009
86966 posts
Posted on 8/7/23 at 7:21 am to
Disney is a very interesting long term buy since you’re basically paying for the parks and getting the media side for free. The rub is how much that media side should be worth at all.
Posted by meansonny
ATL
Member since Sep 2012
26000 posts
Posted on 8/7/23 at 8:17 am to
I just bought last week.
Posted by Jag_Warrior
Virginia
Member since May 2015
4279 posts
Posted on 8/7/23 at 8:35 am to
quote:

The rub is how much that media side should be worth at all.


Yes, that is the big question mark… especially ESPN. I’ve been selling calls against a 95 assignment from the last earnings call. At the current level, unless it truly craters (again) after the upcoming earnings call, I’m content to hold and continue wheeling for awhile. With the frequent option sales, I’m not that far off break even at this point.
Posted by Dr.Funke
Not a real Doctor
Member since Dec 2011
649 posts
Posted on 8/7/23 at 9:09 am to
quote:

Disney is a very interesting long term buy since you’re basically paying for the parks and getting the media side for free


disney will always be the king of parks but when universal opens epic universe in 2 years I think it will take a good bite of of disney. Nintendo and how to train your dragon will be a huge pull for younger families
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