Tuesday, August 4, 2009

Down On Disney...


With the current state of the economy the Mouse obviously, is struggling like everyone else...

Disney's latest quarterly results were released last week and a lot of people have been down on the stock (even though the results beat most analyst predictions), but Barrons seems to be saying: "Not so fast..."

2 comments:

Capt. Tomorrow said...
This comment has been removed by the author.
Capt. Tomorrow said...

As a shareholder of Walt Disney Company stock, I wouldn't give 2 cents of my hard-earned money to any type of "stock analyst". All they tend to do is look at their little graphs, past history of the stock, AND quarterly reports. What they need to be doing is to be reading Disney blogs (like Blue Sky Disney) and keeping tabs on what WDC will be doing over next several years that will dramatically (in my opinion) increase the value of Disney stock. The stock has rebounded by $10.00 over the past few months and will continue to increase over the long-term. Just as the stock of most other companies out there will do that are weathering this economic storm.