Table Pounding Buys MAR 2020

[fenders53]

I do have a small "place marker" position I thought I would add to on a further dip. The dividend yield is exactly what I can't get exited about. It's pretty easy to find a solid company with 4-5% at the moment with a share price that is just as beat down. DIS has never had a great div That was OK last year when it was running up 30% last year. While I do think it will head back up to $140 when things sort out (Q4), I still don't expect it to be a true DGI stock. I'll probably end up flipping my DIS at some point. Better bargains have appeared since I purchased my shares. And the parks division has to be a huge part of their profit mix. It's like paying for a major sports event tickets. Add the hotels and cruise ship revenue on top of that. The hotels might still be open but I don't know why you would book it now.

Now everyone stop trashing DIS. Kerim has wanted it for a long time. I'm confident he'll be fine by next year.