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

I’m at 67 shares at avg cost of $87.4. I’ve been slowly buying as it sits in the $83-90 range. I’ll continue to buy small increments if it retracts into the $70’s.

DIS has lost any momentum in the near term. Investor sentiment is abysmal. However, this is a long term hold for me, at least 20+ years (for reference I’m in my late 30’s). I’ve done pretty well in the past buying blue chip stocks when they were “down” and temporarily out of favor (ex. BA, CVX, and IBM).

Iger shopping stakes in ESPN is interesting. They need to get out entirely.