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re: Disney planning phased reopening of Florida parks

Posted on 5/27/20 at 8:01 am to
Posted by TheChosenOne
Member since Dec 2005
18544 posts
Posted on 5/27/20 at 8:01 am to
Well, my initial plan was to sell at $110, but I didn't stick to that. At this point, I'll likely keep accumulating on dips.

I like what they're doing with Disney+ and other online content. Maybe this situation will allow them to trim some fat at ESPN/ABC. They're making huge investments to modernize the Disney parks to draw in the new generations and we all know the Disney loyalists will show no matter what.

TL;DR - I initially bought to flip, but after further research, I'm a DIS believer.

Posted by 632627
LA
Member since Dec 2011
12835 posts
Posted on 5/27/20 at 8:06 am to
quote:


TL;DR - I initially bought to flip, but after further research, I'm a DIS believer.


I can’t think of many, if any, stocks instead of Disney that id want to hold forever.

I initiated a large position in Disney during Covid. Only problem was I started buying way too early and only bought a small amount under $100.
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