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

No.

Their board and CEO have no will to make a change. Until people start getting fired - it will continue to drop in price.

They have a complicated deal with Comcast and they own them a TON of cash in the near future. They don’t have that kind of cash.

They destroyed Star Wars.
They destroyed Indiana Jones.
They have no movies in production that are not “live action remakes” or prequels of old material.

They have fired so many people there is no one creative left.

Disney + is losing subscribers.

Disney parks have the lowest attendance in a decade.

Disney Vacation Club cannot sell out properties it built years ago (Aulani and Riveria) and has another development coming in a few years (Polynesian).

Not to mention Universals expansion for the parks.

Disney is in serious serious trouble. It needs to start selling its media assets but all of them will be worth a fraction of what they paid because of the limited buyers and the high interest rates.

I am not saying it’s not a long term hold. The question is:

How many years do you have to hold? I don’t see it hitting 150 for at least 10-20 years or more and I can double my money with a company that knows what it is doing.