Disney Stock Price

[Sirwalterraleigh]

But who would buy? In that scenario the business just increases its cash on hand forever but it can’t be extracted.

They reinvest to make more money and the stock goes up.

Not that hard, Rockefeller

Then you get when you sell. It’s simple enough to actually make sense

 

[Sirwalterraleigh]

Investors wouldn't invest if they weren't getting anything in return.

That’s exactly what’s wrong

The sale is the cash out…not a day to day piggy bank


I’m not proposing any changing of the world here…It is what it is.

But academically it is wrong

 

[larryz]

Look at Sam Adams as an example -- the Boston Brewing Co. (SAM - NYSE) has never paid a dividend, preferring instead to send investors cute tchotchkies.

Look at their stock price (as of this post): $307.93, up $1.25 so far today.

 

[CastAStone]

They reinvest to make more money and the stock goes up.

Not that hard, Rockefeller

Then you get when you sell. It’s simple enough to actually make sense

But why would the stock go up if you can’t get the money out of the company?

It becomes an NFT without dividends. It’s just kind of there and is only worth anything if people want it to be.

Why would I pay money for a share of a company that made $10 billion if I can’t get my hands on any of that $10 billion? It doesn’t make sense.

 

[larryz]

But why would the stock go up if you can’t get the money out of the company?

It becomes an NFT without dividends. It’s just kind of there and is only worth anything if people want it to be.

Why would I pay money for a share of a company that made $10 billion if I can’t get my hands on any of that $10 billion? It doesn’t make sense.

Why? Anticipated future value. Buy low, sell high. Dividends are just icing on the cake.

Or maybe you need to shelter some income. Squirrel away some capital. Give gifts to grandchildren.

There are lots of reasons.

 

[Sirwalterraleigh]

But why would the stock go up if you can’t get the money out of the company?

It becomes an NFT without dividends. It’s just kind of there and is only worth anything if people want it to be.

Why would I pay money for a share of a company that made $10 billion if I can’t get my hands on any of that $10 billion? It doesn’t make sense.

It does…

You buy it at $25 a share and sell it at $50 because they got $10,000,000,000 that they can use to last forever and/or make cool new stuff that people want.

But that’s not reality. So it’s just my idealism kicking in. I’m a “dreamer”

I don’t love that everyone thinks Wall Street To be a minute to minute casino…like draft kings.
When you hold the ability to destroy the world…I would love More “safeties” on it.

Just me. But I digress.

How’s the old DIS doing today?

Lemme guess: up $5+?
Those selling down yesterday are making quick bucks back today before they sell again?

 

[Sirwalterraleigh]

Catch 22 without potential dividends who would invest? Unfortunately dividends makes the corporation beholding to the investor over the consumer. Disney prime example IMO

You’re right…that’s the modern market. It may not be the best idea - however

 

[networkpro]

Lemme guess: up $5+?
Those selling down yesterday are making quick bucks back today before they sell again?

Dead cat bounce

 

[larryz]

Lemme guess: up $5+?
Those selling down yesterday are making quick bucks back today before they sell again?

Nope - it was up for about 10 minutes, and only for $.50. Now it's negative again.

 

[CastAStone]

Why? Anticipated future value. Buy low, sell high. Dividends are just icing on the cake.

Or maybe you need to shelter some income. Squirrel away some capital. Give gifts to grandchildren.

There are lots of reasons.

It has no future value. Why would it? You can’t extract money from it. The definition of a stocks price in theory is the NPV of all of its future dividends.

 

[larryz]

It has no future value. Why would it? You can’t extract money from it. The definition of a stocks price in theory is the NPV of all of its future dividends.

Other things people buy that don't pay dividends:
Gold, diamonds, silver, art, collectibles, land, houses, commodities.

Why? Because people expect that they increase in value over time. If they're right, they win. If they're wrong, they lose.

People obviously believe Disney has future value. Lots of people, including individuals, institututions and mutual funds representing big groups of investors. If they're right, they make money. If not, they lose money.

If they bought back in 2008 when DIS was $15 a share, they have a lot of room to wait out market fluctuations.

 

[Sirwalterraleigh]

Nope - it was up for about 10 minutes, and only for $.50. Now it's negative again.

…so they bought AND cashed out?

See how great a “confidence game” is??!! Especially with super computers.


…ouch though…is the board meeting for a 4 pm announcement? It is Friday…afterall

 

[larryz]

…so they bought AND cashed out?

See how great a “confidence game” is??!! Especially with super computers.


…ouch though…is the board meeting for a 4 pm announcement? It is Friday…afterall

Let's see -- buy 2 million shares at 93.00. Price goes up .50 on the "perceived desire." Cost: $186 million. Sell 2 million shares at $93.50. Price goes down .75 on the "perceived aversion." But you gross $187 million on the sale.

You bank $1,000,000.

Very clever, Mrs Estherhouse!

 

[HauntedPirate]

Disney stock, close of markets November 18, 2022: $91.80 (The day Chapek got Iger'ed)
Disney stock, right now, May 12, 2023: $91.79

 

[WaltsTreasureChest]

Disney stock, close of markets November 18, 2022: $91.80 (The day Chapek got Iger'ed)
Disney stock, right now, May 12, 2023: $91.79

Now is when they fire Iger and replace him with Eisner

 

[TP2000]

How’s the old DIS doing today?

Lemme guess: up $5+?
Those selling down yesterday are making quick bucks back today before they sell again?

Dead cat bounce

The dead cat didn't bounce off the sidewalk. Instead, the dead cat just rolled over and fell another 1% down into the gutter today.

 

[Nubs70]

But why would the stock go up if you can’t get the money out of the company?

It becomes an NFT without dividends. It’s just kind of there and is only worth anything if people want it to be.

Why would I pay money for a share of a company that made $10 billion if I can’t get my hands on any of that $10 billion? It doesn’t make sense.

It does not become an NFT. An NFT has not tangible assets other than the individual code behind it.

 

[Sirwalterraleigh]

The dead cat didn't bounce off the sidewalk. Instead, the dead cat just rolled over and fell another 1% down into the gutter today.

View attachment 715893

My Guess is it will go up $3 between now and close.

Good price for your supercomputer to grab and then dump it for quick bucks next week

 

[flynnibus]

This doesn’t make any sense. How would the owners ever make any money?

It was the dumbest comment of the thread by far

Dividends are the lifeblood of most accumulated wealth - not flipping.

 

[flynnibus]

Other things people buy that don't pay dividends:
Gold, diamonds, silver, art, collectibles, land, houses, commodities.

Why? Because people expect that they increase in value over time. If they're right, they win. If they're wrong, they lose.

People obviously believe Disney has future value. Lots of people, including individuals, institututions and mutual funds representing big groups of investors. If they're right, they make money. If not, they lose money.

If they bought back in 2008 when DIS was $15 a share, they have a lot of room to wait out market fluctuations.

You're right... employees shouldn't get paid salaries either. Instead, they should put all their effort in, and pray for appreciation and get a payout when they leave the company. If they're right, they win. If they're wrong, they lose.

Salaries are dumb.