Discussion in 'Disney Co News & Discussion' started by fractal, Sep 7, 2017.
Oh no. More price increases, cast member and service cutbacks, all park maps will now be printed in black and white and the Yeti won't get fixed again next year. Sigh.
Good. Go away, speculators. Find some other company to pressure to make short term gains. It's a sinking ship! Flee!
Good time to kill the stock buybacks?
Need to step up the buybacks to support the stock price, Sigh I wish I was kidding here.
Nope expect MORE buybacks to support the price.
Except for the maps its already happening according to the Spirit.
But... but that's throwing valuable cash into a furnace.
Share repurchases at the level Disney does them at are designed to support the stock price, If it drops one needs to increase the repurchases to bring the stock price level.
Where danger really exists is the big banks who are not lending because all their profits are going into share repurchases.
The old rules on share repurchases need to be reinstated along with Glass-Steigal.
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