04-22-2020, 12:56 PM
(04-22-2020, 12:45 PM)stockguru Wrote: What's the hurry on DIS??
60% of Disney operating $$$ comes from parks and they are closed possibly to end of the year ..Stock is down only 33% YTD. Sure their subscriber growth for Disney plus it up this month only because people are sitting home with nothing to do. Same with NFLX. But that wont last.
People are going to be reluctant to fly and travel for a while. I like DIS but wont buy until its under $90
T is on my watch list.
I think the reality is people are running out of quality stocks to buy that are actually down is the problem. They are buying pharma like they are scared to miss out while the stocks are at ATHs with guidance cut or completely withdrawn this week. It's blind investing and none of this makes much sense to me. It's panic buying that may or may not work out.